ACY Securities boosted its institutional arm, ACY Connect, by appointing seasoned FX professional Phil Kim as Director of Institutional Sales for Asia. Based in Hong Kong, Kim brings nearly two decades of experience to the role. According to the official announcement, he will lead business development efforts across the region.

Expanding ACY Connect’s Institutional Reach

Kim will oversee initiatives to cultivate new institutional relationships and identify opportunities within the global market. Reporting directly to ACY Securities' CEO, Jimmy Ye, he will reportedly work closely with the entire ACY Connect team to align sales strategies with the company’s expansion goals.

Kim’s career in financial markets spans more than 19 years. Previously, he led institutional sales efforts in the Asia-Pacific region for firms such as ISAM Securities, Sucden Financial, and LMAX Group.

Commenting about the appointment, Ye said: "Kim’s extensive experience and proven track record in institutional sales within the FX industry make him an invaluable addition as we continue to expand our global footprint. Phil's expertise will be instrumental in driving our business development efforts in Asia, and we look forward to the contributions he will bring to our organization."

Before relocating to Hong Kong in 2011, Kim was Vice President of FXCMPro at its New York headquarters. ACY Securities welcomed Kim’s experience as a strong asset for ACY Connect, particularly as the firm seeks to boost trading solutions for institutional clients, including banks, hedge funds, and brokers.

Industry Experience

ACY Securities welcomed Kim’s experience as a strong asset for ACY Connect, particularly as the firm seeks to boost trading solutions for institutional clients, including banks, hedge funds, and brokers.

"I am thrilled to be joining ACY Group, which has established itself as a very successful and well-respected name in the financial services industry. Furthermore, I look forward to growing the ACY Connect institutional offering and client base globally," Kim said.

ACY Securities is an Australian multi-asset Multi-Asset Composed of varying asset classes, multi-asset is a blanket designation combining different classes such bonds, equities, cash equivalents, fixed income, and alternative investments.When compared to traditional balanced funds, multi-asset solutions differ because they target specific investment outcomes. This includes outcomes such as return above inflation as opposed to gauging performance against standardized benchmarks.Given the composition of multi-asset classes, they need to be dynamically Composed of varying asset classes, multi-asset is a blanket designation combining different classes such bonds, equities, cash equivalents, fixed income, and alternative investments.When compared to traditional balanced funds, multi-asset solutions differ because they target specific investment outcomes. This includes outcomes such as return above inflation as opposed to gauging performance against standardized benchmarks.Given the composition of multi-asset classes, they need to be dynamically Read this Term CFD broker. Its institutional division, ACY Connect, focuses on providing trading solutions for professional clients, including hedge funds and banks.

This month, the brokerage firm acquired Ingot Brokers South Africa. The agreement now grants the firm the approval to operate under the Financial Sector Conduct Authority in South Africa. ACY Securities has been exploring acquisition deals in Africa, Southeast Asia, and Europe. It also launched a live copy trading feature in April to boost user services.