Advanced Markets Group appoints Sammy Christou as Chief Risk Officer
The company has recently raised significant investment from Forexify and Corbel in order to fund the next growth phase for the institutional foreign exchange liquidity and prime-of-prime service provider.
Advanced Markets Group has appointed Sammy Christou as Chief Risk Officer for the wholesale provider of liquidity, technology, and credit solutions to brokers.
Sammy Christou joins Advanced Markets from Equiti Capital, the FCA-regulated institutional B2B entity of Equiti Group, where he was Head of Trading for four years.
Prior to that, he was Senior Trader at London Capital Group, Trader at Gain Capital, and Dealer at GFT Markets, in a career that already spans over 14 years.
Anthony Brocco, Founder and CEO of the Advanced Markets Grou, commented: “We are delighted to be welcoming Sammy Christou to Advanced Markets as our Chief Risk Officer. He has extensive experience in the Forex and CFD industry and brings us an innovative approach to quantitative eFX Trading that will further enhance the growth of our agency model.”
Sammy Christou, Chief Risk Officer at Advanced Markets Group, said: “I’m extremely excited about being part of writing the next chapter of Advanced Market’s success story as we build towards the launch of our proprietary pricing engine. With longstanding institutional shareholders Macquarie Bank (ASX: MQG) and BGC Partners (NASDAQ: BCGP), the firm brings unique competitive advantages to the Prime of Prime space.”
Advanced Markets has recently established an entity in Bermuda, appointing ex-Accuindex Samer Mourched as CEO, as the firm adds Emerging Markets to its strategy toward becoming the preeminent broker in the foreign exchange and CFD trading industry.
The firm remains a fully DMA, 100% STP, Prime of Prime broker. The extreme volatility and disruption brought on by the Covid-19 pandemic, particularly in 2020, resulted in the phenomenon of many brokers failing and led to the industry becoming more concerned than ever with transparency and conflicts of interest. This is where Advanced Markets steps in.
The company has recently raised significant investment from Forexify and Corbel in order to fund the next growth phase for the institutional foreign exchange liquidity and prime-of-prime service provider.
In a recent interview with Natallia Hunik, Chief Revenue Officer at Advanced Markets, we were reminded of the firm’s role in the name of transparency within the trading industry.
