BTIG Taps Tim Cunningham as Director of FX Sales

BTIG has strengthened its foreign Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term (FX) unit with the addition of Tim Cunningham as its Director of FX Sales, according to information made public on his LinkedIn profile.

In his new role as the Director of FX Sales, Mr. Cunningham will be based out of BTIG’s New York office, where he will cater to the group’s diverse institutional clientele in the region.

Prior to joining BTIG, Mr. Cunningham worked in several senior level roles across myriad financial institutions. This include stints as Director of FX Sales and Trading at RJ O'Brien, and Director at Rosenthal Collins Group. Additional stops include Saxo Bank, FXDD, Societe Generale, and American Express, among others, dating back to 1989.

Back in June, BTIG added Pershing LLC as a new global custodian and clearing broker for customers of BTIG’s prime brokerage services. A unit of BNT Mellon, Pershing is a provider of B2B solutions for financial firms, including custody and settlement services.

BTIG is a financial services provider for a variety of asset classes, including Equities Equities Equities can be characterized as stocks or shares in a company that investors can buy or sell. When you buy a stock, you are in essence buying an equity, becoming a partial owner of shares in a specific company or fund.However, equities do not pay a fixed interest rate, and as such are not considered guaranteed income. As such, equity markets are often associated with risk.When a company issues bonds, it’s taking loans from buyers. When a company offers shares, on the other hand, it’s selling pa Equities can be characterized as stocks or shares in a company that investors can buy or sell. When you buy a stock, you are in essence buying an equity, becoming a partial owner of shares in a specific company or fund.However, equities do not pay a fixed interest rate, and as such are not considered guaranteed income. As such, equity markets are often associated with risk.When a company issues bonds, it’s taking loans from buyers. When a company offers shares, on the other hand, it’s selling pa Read this Term, commodities, fixed income, futures, exchange-traded-funds (ETFs), derivatives and FX. The group maintains offices in the United States as well as operations in London, Hong Kong, Singapore and Sydney.