Advanced Markets onboards compliance veteran Evangeline Mauthe

abdelaziz Fathi

Advanced Markets Group (AMG) has onboarded Evangeline Mauthe as its newest compliance and AML officer as part of a broader organizational reshuffling at the liquidity and PoP service provider.

Ms. Mauthe leaves a short tenure of only five months at BNP Paribas, where she held an analogues role as a senior due diligence controller. Evangeline kicked off her career within the foreign exchange industry back in 2011 when she joined Alpari (UK) as a compliance and account opening team leader.

The compliance veteran also held roles at AxiCorp and Equiti Group ME, part of a career dating back to 1995.

Earlier this year, Advanced Markets had seen exec exodus with key personnel leaving the institutional broker. In January, its global marketing manager Lynn Zhou left the firm after more than two years in the position, having originally joined the firm. There, she was responsible for digital marketing campaigns and also led the corporate consulting and Chinese markets outreach project.

The news threw some cold water on predication for AMG’s business in the US as Lynn is the second executive to leave Boston office in less than two months. Her departure came a few weeks after Natallia Hunik left Advanced Markets, ending a lengthy tenure and multiple roles with the ‎liquidity provider. The 13-year FX veteran joined the enterprise risk management solutions provider CubeLogic as Chief Revenue Officer.

Advanced Markets fires up brand overhaul

Natallia was one of the ‎longest serving at Advanced Markets, having joined the ‎group in Boston office back in 2015. ‎ She was originally appointed as Global Head of Sales, in charge of promoting Advanced Markets’ liquidity, technology and credit solutions to banks and brokers globally. This paved the way for a promotion to the group’s Chief Revenue Officer in 2019, a position she held up until her eventual departure.

Advanced Markets announced last year a brand refresh including a new visual identity, redesigned logo and website, and refined mission statement. The refresh came as the company continues expanding its portfolio of trading products and supports its global expansion strategy.

Also in 2021, the company welcomed two new investors, Forexify and Corbel, to join existing shareholders Macquarie Group and GFI Group LLC. The latter firms have reduced their stakes, citing their desire to accommodate new investors for the next phase of Advanced Markets’ growth.

Advanced Markets’ institutional business operates a 100 percent STP/agency model based on its FCA and AFSL licenses. The company’s STP platform enables FX market participants to trade on prices streamed by more than ten FX banks in an anonymous market structure.

Read this next

blockdag

Best Crypto to Buy: BlockDAG Presale Hits $20.1M Following Moon-Shot Keynote Teaser as Dogecoin & Shiba Inu Prices Plummet

This landmark achievement sets it apart in the cryptocurrency landscape, where traditional favorites like Dogecoin and Shiba Inu are witnessing a price decline.

Digital Assets

MetaMask developer sues SEC over regulatory overreach

Ethereum ecosystem developer Consensys Software has filed a lawsuit against the U.S. Securities and Exchange Commission (SEC), challenging the agency’s regulatory actions concerning Ethereum and its related services.

Institutional FX

Tradeweb pulls in $408.7 million in Q1 revenue amid record trading volumes

Tradeweb Markets Inc. (NASDAQ: TW) has just announced its financial results for the first quarter of 2024, which showed a robust performance for the three months through March.

Institutional FX

BGC Group valued at $667 million following investment by major banks

BGC Group announced that its exchange platform, FMX Futures, is now valued at $667 million after receiving investments from a notable consortium of financial institutions.

blockdag

Transforming a Bankrupt Investor into a Cryptocurrency Giant; Can BlockDAG Replicate Ethereum’s Meteoric Rise With 30,000x Predictions?

The realm of cryptocurrency investing presents a thrilling blend of challenges and opportunities. The legendary gains by early Ethereum investors serve as a powerful lure for those seeking the next major breakthrough.

Digital Assets

SEC delays decision on spot bitcoin options ETFs

The U.S. Securities and Exchange Commission (SEC) has postponed its decision on whether to authorize options trading on spot bitcoin ETFs, extending the review period by an additional 45 days. The new deadline for the SEC’s decision is now set for May 29, 2024.

Market News, Tech and Fundamental, Technical Analysis

Solana Technical Analysis Report 25 April, 2024

Solana cryptocurrency can be expected to fall further toward the next support level 130.00, target price for the completion of the active impulse wave (i).

Digital Assets

Morgan Stanley to sell bitcoin ETFs to clients

Morgan Stanley may soon allow its 15,000 brokers to recommend bitcoin ETFs to their clients, as reported by AdvisorHub.

Digital Assets

Masa Announces Comprehensive AI Developer Ecosystem with 13 Dynamic Partners Focused on Leveraging Decentralized Data and Large Language Models

In a groundbreaking development, Masa, the global leader in decentralized AI and Large Language Models (LLMs), proudly announces the launch of its AI Developer Ecosystem, partnering with 13 visionary projects.

<