Richard then joined the Fraser McGowan Group as a market maker in gold options on the New York Commodity Exchange (COMEX). Within two years, he became a partner in the Fraser McGowan Group and moved to London to oversee the European-based option trading team on the London International Financial Futures Exchange (LIFFE).
In the wake of the evolution of electronic trading, Richard then partnered with Vlad Jovanovic and Adnan Beganovic, becoming the co-founder and functionality developer for Aquarius. Together, they created the Aquarius trading matching solutions suite for futures and options.
The team continues to exist to this day, trading futures and options, and consistently enhance the core technology of the Aquarius matching engine.