Despite a usually tranquil summer, the Forex nation has been marked by a number of executive moves, while elsewhere, familiar names in prime brokerage face a critical injunction amid an ownership dilution.
WorldWideMarkets’ Exec VP, Bassam Maalouf, Weighs FX Broker’s Entry and Future in the Middle East
“Meet The Experts” reached out to one of the most distinguished FX specialists in the Middle East, Bassam Maalouf, Executive Vice President of WorldWideMarkets, for his exclusive perspective on the region’s FX prospects and future. Read More Here
Peter Tatarnikov Reveals the Benefits for Brokers Via the Financial Commission
Peter Tatarnikov, Chairman of the Board at the Financial Commission, checked in with “Meet The Experts” to weigh the mutual benefits for both traders and brokers in relying on the Financial Commission for mediation. Read More Here
Key Executive Moves
FX Powerhouse Reshuffles as It Looks to Weather the Institutional FX Storm - See more
Leading FX trading venue, EBS, looks to address challenges in the FX trading landscape as it reports on a number of key personnel changes, two senior people have left the firm and two others have been promoted. Read More Here
ICAP’s Last Remaining Co-Head John Schoen, Reveals Plan to Leave EBS Markets
The shakeup at ICAP appears to have taken another turn on Thursday, as John Schoen, the firm’s last remaining co-head announced his intent to leave EBS Markets, just days after Nichola Hunter’s departure. Read More Here
Vatican Appoints Veteran Execs from Goldman Sachs, Deutsche Bank
Drawing upon a pool of qualified financial personnel, Pope Francis has turned to veteran specialists from Goldman Sachs, Deutsche Bank AG and Invesco to help curb rampant corruption and effectively overhaul the Vatican Bank. Read More Here
Former Alpari Exec, Iskandar Najjar Joins ADS Securities as Managing Director
ADS Securities, an FX solutions company specializing in the Middle East, has announced the appointment of ex-Alpari CEO, Iskandar Najjar as Managing Director of ADS Securities. Read More Here
In Case You Missed It
BT Prime & Boston Prime Face Injunction Order in Alleged Ownership Dilute
According to court filings obtained by Forex Magnates’ reporters, an injunction order has been filed against the Belize-based entity behind BT Prime and Boston Prime, BT Trading Ltd. Read More Here
Saxo Bank Reports Delayed May Volume Metrics, Lackluster Trend Continues in June
Saxo Bank has just reported its June 2014 metrics, stabilizing its monthly volumes after revealing a marginal decline MoM (-2.5%) from May after a well-documented struggle earlier this year. Read More Here