ATFX appoints FX liquidity management expert Chris James in times of high volatility

Rick Steves

“I will spare no effort in creating better services for ATFX clients using my experience in liquidity and capital management. I believe my experience will enable me to bring both short-term tactical advantages and long-term strategic benefits to our customers and partners.”

ATFX UK has appointed industry platform liquidity veteran Chris James as Head of Liquidity Management, based in London.

The

Starting out at Deutsche Bank in 2001, his career includes four years at FX brokerage firm Henyep Investment (UK), also known as HYCM, where he worked on an execution only basis, quoting instant two way prices to brokers and clients using live exchange traded prices available on Reuters and Bloomberg.

Chris James’s FX roles include HYCM, Alpari UK and State Street’s Currenex

Having joined HYCM in 2004, he facilitated client trades via MT4 platform and voice trading, monitoring client trading accounts, including calculating margin/equity ratios and issuing margin calls when required.

In 2008, he moved to Alpari UK as a Senior Trader, processing clients’ transactions (FX, CFD’s and Spreadbetting) via MT4 platform and other white label solutions, with hedging required using a combination of GUI and ECN systems. According to Chris James, over time the role developed into more of a risk management position whereby a large emphasis was placed on managing the company’s market risk. Other responsibilities included maintaining and improving current sources of liquidity by analysing trade flows and liaising with a variety of liquidity providers including tier 1 banks.

In 2015, Chris James moved to the Liquidity Management team of State Street’s Currenex to manage FX liquidity for clients of the Currenex FXTrades platform.

At Currenex, he ensured both buy side and sell side clients were receiving optimal liquidity, managing the demands from both regulatory and business stand points. Using internal tools and business intelligence systems to monitor performance, he identified areas of potential improvement and opportunities for growth. According to the executive, the job was a client facing role that involved developing and maintaining relationships across the FX space with tier 1 banks, regional banks and non-bank participants alike.

Chris James brings “short-term tactical advantages and long-term strategic benefits” for ATFX clients

ATFX UK said it hired James primarily for his years of professional experience in the Forex brokerage industry. His experience will allow him to seize market opportunities and help clients make optimal decisions for their accounts and portfolios.

The brokerage firm believes that, confronted with a volatile market environment, only competitive brokers with an experienced and dedicated talent pool, high brand value, strong market power, and robust culture can succeed. Such firms will be grounded and thrive despite the challenges and market uncertainties in this new era.

Chris James, ATFX Head of Liquidity, commented: “It is a great pleasure to finally join ATFX, a brand I have researched extensively. The excellent services and forward-looking fintech innovations created by the broker amazed me. I am excited to be a part of ATFX and contribute my experience towards the broker’s future success. I will spare no effort in creating better services for ATFX clients using my experience in liquidity and capital management. I believe my experience will enable me to bring both short-term tactical advantages and long-term strategic benefits to our customers and partners. Ultimately, I want to help ATFX attain its global vision.”

Read this next

Retail FX

FXOpen launches HK share CFDs: Tencent, Alibaba, Xiaomi, Baidu

Hong Kong share CFDs will be commission-free for a limited period of time.

Retail FX

IronFX Celebrates an Award-Winning Start to 2024 with a Series of Industry Recognitions

IronFX, a global leader in online trading, has embarked on 2024 with a spectacular display of accolades that highlight its commitment to excellence and innovation in the competitive financial services sector.

Industry News

FIA urges CFTC to regulate use cases rather than AI itself

“We urge the CFTC to refrain from crafting new regulations that generally regulate AI because this approach presents certain well-known pitfalls. By approaching the issue from the perspective of AI as a technology, rather than the use case for the technology, corresponding regulations would likely necessitate a definition of AI. We anticipate that any attempt to properly define AI would be very challenging and require considerable resources.”

Education, Inside View

The Power of Public Relations in Finance: Shaping Perceptions & Building Reputation

It’s safe to say that the finance industry has faced its share of reputation crises over the years, from the 2008 financial collapse to the many scandals around irresponsible lending, political corruption, and even Ponzi schemes. 

Digital Assets

Crossover’s crypto ECN executed over $3 billion in Q1 2024

“Our growth is also driving continued increases in the percentages of trades that are ‘Order Crossing Order’ (OXO). Currently, roughly 10% of all trades executed on CROSSx are OXO, another differentiator in our platform’s capacity. This capacity and our unique execution model provide value to both the market maker and taker, as evidenced by our commercial model.”

blockdag

BlockDAG’s Explosive Presale Hits $20.3M In April Swaying Investors From XRP’s Price Trends Upward, & Polygon’s NFT Market

Learn about BlockDAG’s impressive $20.3M presale results, XRP’s price increase prospects, and the booming NFT market on Polygon among the top 10 cryptocurrencies.

Retail FX

Financial Commission warns of Eplanet Brokers

The Financial Commission, a self-regulatory compliance specialist for the financial services industry, is ramping up its scrutiny of unregulated brokerage firms. Today, the independent association warned against a company called Eplanet Brokers.

Retail FX

Dubai crypto exchange steps into prop trading

Dubai-based cryptocurrency trading platform, CoinW Exchange, marked its sixth anniversary by announcing a rebranding initiative and launching a proprietary trading product.

Fintech

Bitcoin payments app Strike launches in Europe

Bitcoin blockchain-based payments app Strike launched in Europe on Wednesday, allowing users in the region to buy, sell, and withdraw bitcoin (BTC).

<