The US structured product wholesaler has named a new CEO who was most recently co-head of global equity derivatives (EQD) sales & marketing during his 20 years at J.P. Morgan.

Effective immediately, Scott Mitchell (pictured) has become the chief executive officer (CEO) of InspereX, a technology-driven fixed income and structured products distribution and trading firm headquartered in Delray Beach, FL. He succeeds John DesPrez III, who is retiring after serving as the firm’s CEO since January 2015, according to the company. Mitchell joins InspereX after a 20-year career at J.P. Morgan where he was most recently the co-head of global EQD sales & marketing an