Xtrade.io Takes on Divisa's Mushegh Tovmasyan as Strategic Advisor

Xtrade.io announced yesterday that it has taken on Mushegh Tovmasyan, CEO of Divisa Capital, as a strategic advisor, according to Medium.

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Xtrade.io CEO Alexander Kravets said: “It’s an honor having a legendary entrepreneur in the trading space like Mushegh to join XTRADE.IO as a strategic advisor. Our technology will be the Bridge Bridge The bridge or liquidity bridge is an essential component for brokers that are enabling their clients to trade at interbank rates directly via a Prime Broker or a Prime-of-Prime (PoP). While market makers do not require a bridge in order to service their clients, brokers which are sending through orders to a liquidity provider or an electronic execution venue need a bridge to connect their trading platform to the interbank market.Bridges are used extensively in forex trading, specifically for Met The bridge or liquidity bridge is an essential component for brokers that are enabling their clients to trade at interbank rates directly via a Prime Broker or a Prime-of-Prime (PoP). While market makers do not require a bridge in order to service their clients, brokers which are sending through orders to a liquidity provider or an electronic execution venue need a bridge to connect their trading platform to the interbank market.Bridges are used extensively in forex trading, specifically for Met Read this Term that brings billions of dollars in new market cap to cryptocurrency markets via institutional investors. We just have to provide the level of technological sophistication that they have become accustomed to trading on Wall Street, which is exactly what we are building at XTRADE.IO.”

A long track record

Tovmasyan is a veteran of the Online Trading Online Trading Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Read this Term industry - he began his career in 2003. He worked at Alpari for more than 4 years before joining Divisa Capital. At Alpari he was head of sales and the chief commercial officer.

He founded Divisa Capital Group in 2008, and joined Divisa Capital as its CEO in 2014. He held this role for almost 4 years, according to information made public on his LinkedIn profile.

In January 2018 he gave up his post as Director of Divisa UK in order to concentrate on Equiti. Tovmasyan co-founded Equiti Group in January 2017.

Tovmasyan said: “The technology that XTRADE.IO is building is exactly what will help bring institutional investors along with professional traders into the cryptocurrency markets. Their team has the background, talent, and expertise to bring a much needed technological upgrade to crypto trading and we plan to work closely with them moving forward.”