American brokerage Forex Capital Markets (NYSE: FXCM) has tapped Anthony Mazzarese as its new Senior Vice President of Institutional Sales. He has started working for the firm this July.
Mazzarese has over a decade of experience in the financial industry and worked for FXCM in the past. From 2004 to 2010 he was a part of the firm’s Institutional FX Sales division where he helped develop and sell a margin FX joint venture between FXCM and Deutsche Bank to launch dbFX, and selling FXCM aggregated eFX liquidity to mid-market FX brokers and HFTs via FXCM’s multiple APIs and GUIs.
From 2010 to June 2015, Mazzarese worked on FX Sales for Citi, helping develop and sell Citi’s mid-market aggregated eFX liquidity offering called Tradestream to margin FX Brokers HFTs and mid-sized hedge funds, and worked with liquidity management to develop custom streams of liquidity from multiple banks, ECNs and buy-side providers based on customer specific needs.
While at Citi FX Sales he also managed a team of salespeople in New York selling Citi’s retail eFX trading platform – CitiFX Pro is intended for high net worth individuals and small to mid-sized FX hedge funds, cross sell CitiFX Prime Brokerage to margin FX customers looking to trade away from the bank and help develop a prime of prime (POP) offering to Citi’s margin FX clients looking to access third party ECNs and technology providers through a consolidated margin account.
According to an , the company will remain focused on delivering institutional grade services despite the prospective sale of its stake in FastMatch and Lucid. The recruitment of a Senior Vice President seems to suggest FXCM is beefing up its Institutional Sales capabilities for any eventuality.
Be First to Comment