CFH Clearing Secures Sadek Baksh as VP of Institutional eFX

CFH Clearing Clearing Clearing is a general term that simply means many different things depending on the subject and related industry. Most commonly, this refers to the reciprocal exchange between banks of checks and drafts, and the settlement of the differences, or the total of claims settled at a clearinghouse. In finance and banking, the word clearing has different meanings depending on the more specific business model. Moving checks from the bank where they were deposited to the bank on which they were drawn. Th Clearing is a general term that simply means many different things depending on the subject and related industry. Most commonly, this refers to the reciprocal exchange between banks of checks and drafts, and the settlement of the differences, or the total of claims settled at a clearinghouse. In finance and banking, the word clearing has different meanings depending on the more specific business model. Moving checks from the bank where they were deposited to the bank on which they were drawn. Th Read this Term Limited has tapped institutional mainstay, Sadek Baksh, as its newest Vice President of Institutional eFX, the group’s first hire in a month.

In his new role as the VP of Institutional eFX, Mr. Baksh will be based out of London, where he will focus on the group’s institutional clients. He joins CFH Clearing Limited from CapMar Financial, having served in a similar role since early 2012.

Additional stops include CMC Markets and Blue Index, and Hoodless Brennan, dating back to 2005, according to information on his Linkedin profile.

Last month, CFH Group announced the appointment of former Citi Venture Capital International CEO and private equity veteran, Dipak Rastogi, following the firm’s launching of an industry funding initiative.