Breaking: XTX On-Boards Chan Wai Kin as its Asian Head of Sales

XTX Markets, the largest non-bank Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term provider, has on-boarded Chan Wai Kin as its newest Head of Sales for Asia, securing the veteran sales specialist after lengthy stints at several leading lenders, according to a company statement.

XTX Markets is an electronic market maker company that delivers liquidity for 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, commodities, derivatives and equity markets already present on 22 ECNs and exchanges. Mr. Wai Kin represents the group’s latest hire, who steps into his new role as the Head of Sales for Asia with immediate effect. In this capacity he will help steer the group’s Asian sales, whilst being strategically positioned in the region.

The hire of Mr. Wai Kin is the first in July and the latest since a pair of hires earlier this year after XTX Markets added Jeremy Smart and Jigar Patel. Mr. Wai Kin joins XTX Markets from Morgan Stanley, having served as its Head of FICC eCommerce for the Asia-Pacific (APAC) region. Prior to this he also held senior roles at the eFX sales team in APAC, ex-Japan at Deutsche Bank.

According to Mr. Smart, Global Head of Sales at XTX Markets, in a recent statement on the appointment: “It’s a pleasure to welcome Wai Kin to the team. With the opening of our Singapore office – we have the ideal person, with a solid industry knowledge, to lead our continued growth in Asia.’’