Institutional Sales Executive Matt Smith Joins X Financial Solutions

London can certainly lay claim to being the number one financial center worldwide, along with being home to a vast proportion of the institutional FX industry's major nerve centers.

One particular senior industry professional whose career has been built within some of the UK's well known FX firms is Matt Smith, who has joined X Financial Solutions as Manager of Institutional Sales following a series of senior level appointments within the City of London's financial district.

Mr. Smith previously held a managerial position in Corporate Development at ETX Capital, which spanned only a matter of months. Prior to that, he headed the Institutional Sales division of London Capital Group, as part of a four and a half year tenure with the company, three years of which were spent as Sales Director of ProSpreads, a subsidiary of the company which concentrates on spread betting.

Mr. Smith began his career as a dealer at City Index, moving on to Cantor Index where he spent four years as an 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 dealer, moving on to Michael Page International and subsequently Global Trader as a sales trader before obtaining his first executive role at Cantor Fitzgerald.