Tom Hiemstra

Head of Steel Derivatives @ MCS Group

About

With 25+ years in the energy and ferrous sectors, I'm constantly learning new concepts and strategies while sharing my knowledge to build more robust markets. From pioneering the U.S. coal derivatives markets to replicating that success in APAC and currently tackling the steel derivatives landscape, I'm constantly energized by the challenge of building something new. As Head of Steel Derivatives at MCS, I lead brokerage across continents, connecting the dots between SGX, LME, and CME platforms. At Evolution, I steered business strategy in Asia across energy markets and achieved MAS licensing. My passion extends beyond just numbers. I actively contribute as a speaker to professional industry associations to share my industry expertise on building and navigating markets. What I bring to the table: Global Expertise: USA, Europe, China, India, Indonesia, Singapore - I navigate across geographies with ease, drawing on a diverse network and extensive knowledge base. Strategic Vision: As a key architect for business strategies, I've spearheaded initiatives to drive corporate objectives. Proven Track Record: From Evolution's successful Asia expansion to driving brokerage and trading strategies in multiple markets. Risk Management Champion: Strict principles and efficient market development are at the core of my approach. There's always something more to achieve. Let’s connect: thomasjhiemstra [at] gmail.com Expertise: Commodities Trading Strategies | Business Growth | New Market Development Awards: Top Rebar IDB Broker (2022) MCS wins: Top Bulk Commodities (5th Place, 2022) Top M42 IDB (2019)

Country

Singapore

City

Singapore

Industry

Financial Services

Skill

Cross-Cultural Communication Skills, Global Mindset, Proprietary Trading, Board of Directors Reporting, Compliance, Team Development, P&L Management, Team Optimization , Public Speaking, Business Growth Strategies, New Market Development, Business Growth, Commodity, Coal, Trading, Hedging, Business Development, Energy, Commodity Markets, Business Strategy

Experience

Head of Steel Derivatives

MCS Group

2022-5 - Present · 4 yrs 5 mos

Singapore

Established MCS Group as an Internationally recognised IDB in the ferrous space leading global steel brokerage team advising clients in Asia, Europe and USA on risk management and trading strategies across multiple exchange platforms including, CME, LME, and SGX.

Conference Speaker

Various Conferences

2000-1 - Present · 26 yrs 9 mos

Frequent speaker at various industry conferences on topics ranging from market outlook to benefits of using risk management tools.

Independent Consultant

Various

2021-10 - 2022-6 · 9 mos

New Zealand, Singapore

Advised on fuel risk management strategy for 2.5B New Zealand power company. Expert Witness at Singapore International Arbitration Centre.

Director Energy Complex

Noble Group

2020-12 - 2021-12 · 1 yr 1 mo

Singapore

Direct group trading strategy; responsible for hedging equity and 3rd party portfolio price risk; manage prop trading book focusing on energy complex and onshore China futures.

Managing Director (Evolution Market Asia)

Evolution Markets Inc.

2013-4 - 2020-12 · 7 yrs 9 mos

Singapore

Key architect in launching energy brokerage platform in Asia, providing strategic leadership across multiple offices driving licensing, compliance and business development while expanding OTC and derivative product offerings. Main revenue generator and responsible for all facets of the business.

Director Coal Services

Evolution Markets Inc.

2000-2 - 2020-12 · 20 yrs 11 mos

Co-founded and designed trading strategies and operations for the largest OTC coal brokerage desk in the United States. Facilitated deals from all major basins in US, as well as South Africa, Australia and Indonesia, including significant experience dealing with China and India. Grew brokerage desk from start-up status to an internationally recognised player with 90+% domestic market share.

Consultant

VTraction

1999-1 - 1999-12 · 1 yr

Analyzed ecommerce companies in food and ag business for potential investment by Rabobank.

Vice President

Ruhrkohle Trading CORP

1994 - 1999 · 5 yrs

Developed sales in South America and Europe for thermal and coking coal. Leveraged our European strength to enter Brazilian coking coal market and established sales of 800,000 MTS/year. Negotiated variety of deals from asset purchases to coal for steel barter transactions. Consistent top earner, providing $2 million annually to bottom line.