PrimeXM, a foreign exchange (FX) technology provider, has made waves in terms of its executive personnel, promoting longtime company executive Cristian Vlasceanu to the new role of Chief Executive Officer (CEO) with immediate effect, Finance Magnates has learned.
As per the newest appointment, Mr. Vlasceanu will be succeeding Clive Diethelm, PrimeXM’s founder and inaugural CEO since the company’s inception back in 2010. Despite relinquishing the CEO position, Mr. Diethelm will remain with the group, shifting his focus within the company to its technology development.
Mr. Vlasceanu’s ascension to the rank of CEO at PrimeXM comes after a nearly five-year tenure with the group, where he worked in multiple senior level roles. His most recent appointment saw him working as the group’s Chief Operating Officer (COO) since July 2012, having originally joined PrimeXM back in September 2011 as a software engineer, according to information made public on his Linkedin profile.
PrimeXM boasts an extensive technology offering that caters to brokers interested in distributing their own liquidity to other entities as well as individuals. The group also offers and deals with several services and capabilities for brokers including the connectivity to myriad liquidity sources as well as front-end trading platforms and APIs.