FlexTrade Expands FI & FX Team in Paris to Meet Growing Demand

FlexTrade, a specialist in multi-asset execution and order management systems, announced this Wednesday that it has expanded its team in France’s capital to cater to an uptick in both sales and service in the country.

The new team members have been added to the company’s fixed-income and foreign exchange (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) departments in Paris. One of the new employees is Rushani Caiola, who has been appointed as Fixed Income Account Manager.

FlexTrade Sees Growing Fixed-Income and FX Demand in France

FlexTrade added Caiola to this position to serve the company’s growing number of fixed income clients, the statement said. She joins the New York-headquartered company from Tradeweb, where she served as Vice President of Buy-Side Buy-Side The buy-side is comprised of firms in the financial industry that purchase securities and are accompanied by account investment managers, pension funds, and hedge funds.The buy-side is composed of those that buy and invest large sums of securities with the intention of generating a lucrative return or have their funds managed. The Buy-Side ExplainedIn terms of Wall Street, the buy-side includes investment institutions that purchase securities, stocks, or other financial instruments with the aim The buy-side is comprised of firms in the financial industry that purchase securities and are accompanied by account investment managers, pension funds, and hedge funds.The buy-side is composed of those that buy and invest large sums of securities with the intention of generating a lucrative return or have their funds managed. The Buy-Side ExplainedIn terms of Wall Street, the buy-side includes investment institutions that purchase securities, stocks, or other financial instruments with the aim Read this Term Electronic Trading Sales for nearly four years. In this role, she handled the sales for the French market.

In addition to recruiting Caiola to its team, FlexTrade has also hired three technical analysts who will work in the firm’s implementation and client services support teams for fixed income and FX.

Commenting on the new recruits, Manuela Bauer, Sales Director Europe, said: “FlexTrade has had an incredible reception in France, and our fast-growing client base in Paris communicated a wish for local support."

“The Paris office will enable us to strengthen our partnership with French asset managers and cater to their evolving technology needs, which has expanded beyond equities into other asset classes, such as FX and fixed income.”

The statement released today does not name the three analysts nor give any information on their background. Finance Magnates has reached out for further details, but as of the time of publishing, we have not yet received a response.

However, Bauer did give the following insight into the new employees: “Adding the recently recruited technical analysts with backgrounds across asset classes in equity, fixed income and FX - was very important for us since most asset managers are no longer in an “equity-centric” mindset."