Chris Hossain-Nelson, a veteran of the forex and contracts for differences (CFDs) industry, has left INFINOX to join London-based Alchemy Prime as the Head of Institutional Sales for eFX and CFDs.

Chris Hossain-Nelson Joins Alchemy Prime

Founded in 2013 and headquartered in London, Alchemy Prime offers FX Prime Brokerage solutions with “direct access to all Tier-1 and Tier 2 FX 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 venues.” Its clients include brokers, hedge funds and money managers, banks, and professional traders. It operates with a license from the UK’s Financial Conduct Authority (FCA Financial Conduct Authority (FCA) The Financial Conduct Authority (FCA) is the largest financial regulator for all financial markets in the United Kingdom (UK).The UK regulator is responsible for the conduct of firms authorized under the Financial Services and Markets Act 2000. Moreover, the FCA is also responsible for the regulation of behavior in retail and wholesale financial markets, supervision of the trading infrastructure that supports those markets, and the prudential regulation of firms not regulated by the PRA. Its rol The Financial Conduct Authority (FCA) is the largest financial regulator for all financial markets in the United Kingdom (UK).The UK regulator is responsible for the conduct of firms authorized under the Financial Services and Markets Act 2000. Moreover, the FCA is also responsible for the regulation of behavior in retail and wholesale financial markets, supervision of the trading infrastructure that supports those markets, and the prudential regulation of firms not regulated by the PRA. Its rol Read this Term).

"I am delighted to join Alchemy," Hossain-Nelson told Finance Magnates. "The team has a wealth of experience within the institutional FX and CFDs space. I am confident that the liquidity solution available will ensure that Alchemy Prime continues to grow and become the LP of choice for global brokerages."

An FX Industry Veteran

Hossain-Nelson is a well-known figure in the forex/CFDs trading industry and has almost three decades of experience. His most recent experience was at INFINOX Global as the Head Of Institutional Sales for eFX and CFDs, the same role he took with Alchemy Prime. He joined the London offices of INFINOX in April 2021 and separated after more than a couple of years.

Before INFINOX, he spent about three years at Global Market Index Limited. He joined that company as the Global Head of Institutional Sales for eFX and CFDs and was later promoted to Executive Director (SMF3) and Head of eFX and CFDs Client Relations, according to his LinkedIn profile.

He also performed the majority of his career at FXCM, one of the top brands in the retail FX/CFDs brokerage industry. In his first tenure with the broker, between October 2018 and February 2011, he held the position of Vice President and Head of Retail Sales. He joined the London offices of the brokerage again in February 2013 as the Vice president for Institutional Sales and was later promoted to the Head of Institutional Partnerships. He was with FXCM when the Swiss franc flash crash almost took the brand out of business.

In between the two tenures at FXCM, he launched and ran a recruitment firm, specializing in placing Sales staff within the FX, Spread Betting, and CFDs industry. He started his career at Nat West Stockbrokers as a Dealer in 1994 and then moved to Selftrade as an Associate Director. He also served as the Head of CFD Sales at Blue Index, a now-closed advisory CFDs firm for retail investors.