Portware Taps Chris Matsko as Head of FX Trading Services

Portware, a multi-asset trade automation solutions provider that utilizes artificial intelligence, has appointed foreign exchange (FX) industry veteran Christopher Matsko as its newest Head of FX Trading Services, according to a Portware statement.

In his new role as the Head of FX Trading Services at Portware, Mr. Matsko will work with the group's global clientele to help push and oversee the firm’s comprehensive FX solutions. Mr. Matsko will also maintain an institutional focus, whereby strengthening Portware’s Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term. He will be based out of New York, where he will report to Portware’s CEO, Alfred Eskandar.

Mr. Matsko joins Portware with over a decade of experience in FX business development in North American markets, including the United States and Canada. Prior to Portware, Matsko also held several senior level roles at 360T, FXall, Associated Foreign Exchange, and Capital Markets Services.

According to Mr. Matsko in a recent statement on the appointment to Portware, “In all my years in the industry, I haven’t seen another company like Portware that truly understands the buy side’s unique workflows and delivers demonstrable best Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term. Portware FX is geared directly towards the needs of large asset managers and enables them to deal directly with their banks, ECNs, and custodians at a fraction of the cost of other platforms.”

“The number and size of their recent client wins is a testament to the strength of Portware FX. I am excited to join Portware at this time of impressive company growth and contribute to the ongoing innovation and success of its award-winning FX platform and solutions.”

“The FX market is distinct from equities and presents unique challenges, from evolving regulatory initiatives to the mounting demand for transparency. Buy side firms are turning to Portware to meet these challenges and provide intelligent decision support and performance optimization. Adding someone of Chris’s caliber to our FX team ensures we can continuously deliver an FX trading experience that enhances dealer relationships, execution quality, and service levels to our clients around the world,” added Alfred Eskandar, CEO of Portware in an accompanying statement.

Portware provides broker-neutral trading solutions for a number of asset classes, including equities, futures, options, and FX. The company has offices in New York, London, Hong Kong, and Hyderabad.