FX Veteran Diana Munoz Lands at Fidelis Capital Markets as Executive Director

On the heels of a two-month hiatus from the market, ex-CommexFX head of Customer Support Diana Munoz, has landed at Fidelis Capital Markets in a new role as executive director.

Fidelis Capital Markets originally held a New Zealand license. Their shift in focus towards the EU in 2013 culminated in a new license from the Cyprus Securities and Exchange Commission (CySEC CySEC The Cyprus Securities and Exchange Commission (CySEC) is a financial regulatory authority of Cyprus. CySEC is one of the key watchdog authorities for brokerages in Europe, whose financial regulations and operations comply with the European MiFID financial harmonization law.Founded in 2001, CySEC is instrumental in providing licensing and registration for forex brokers and previously binary options providers.CySEC is responsible for a variety of different functions, which includes the supervision The Cyprus Securities and Exchange Commission (CySEC) is a financial regulatory authority of Cyprus. CySEC is one of the key watchdog authorities for brokerages in Europe, whose financial regulations and operations comply with the European MiFID financial harmonization law.Founded in 2001, CySEC is instrumental in providing licensing and registration for forex brokers and previously binary options providers.CySEC is responsible for a variety of different functions, which includes the supervision Read this Term) under the name SN Financials. As a result of the widespread popularity of Fidelis in NZ, the entity retains the brand name Fidelis despite being headquarted in Cyprus.

Ms. Munoz brings an extensive knowledge of the FX industry to her new role, along with a hands-on approach to Business Development. She first began her tenure in Cyprus as a Sales Manager at MetaQuotes, followed by other roles at XMarkets.

Prior to joining Fidelis Capital Markets, she worked at CommexFX. In addition, she has also conducted numerous TV interviews both with Dukascopy and Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term Magnates.

According to Ms. Munoz in an exclusive statement to Forex Magnates, “The FX industry is definitely booming in the little sun-kissed island of Cyprus. It is also considered by most financial professionals as being a financial hub. Moreover, traders are also changing their trading strategy...they are selecting fully regulated FX brokers as the security of their funds becomes their main concern.”

“At present, the trend is to attract business from China, who is enjoying the lions share of the IB Asian business...but there are rumors that the top FX brokers are now identifying potential business in Brazil and South America,” added Munoz.