ATFX appoints Simon Naish as new Country Head in Australia
Simon Naish’s appointment as Country Head for ATFX Australia is a strategic move that aligns with the company’s growth objectives in the Australian and global financial markets. His experience and leadership are anticipated to enhance ATFX’s market position in Australia, driving innovation and client-focused services in the dynamic world of online trading.
ATFX, a globally recognized online trading broker, has announced the appointment of Simon Naish as the new Country Head for its Australian operations.
Naish’s extensive experience in financial markets and his proven track record in office growth and client base expansion positions him to lead ATFX Australia toward further success.
Simon Naish joins ATFX after leading institutional FX Sales, APAC at NAB
Expertise in FX Trading: Naish brings a wealth of experience in FX trading, showcasing a deep understanding of managing risks in global markets. Known for his successful team leadership and ability to build a client base from scratch, Naish’s wide network of connections is expected to significantly benefit ATFX’s expansion in Australia.
He has held significant positions in major financial institutions, including as Head of Bank and Diversified Financial Institutions FX Sales, APAC at National Australia Bank Ltd. His consultancy role at Macquarie University (Australian Financial Markets Association) has also contributed to his expertise in institutional client sales, foreign exchange, rates trading, and business transformation.
Joe Li expressed enthusiasm over Naish’s appointment, highlighting his extensive expertise and leadership skills as pivotal for driving ATFX’s business forward in Australia. “We are delighted to have Simon Naish join ATFX as the Country Head for ATFX Australia. His extensive expertise and leadership skills make him the ideal candidate to drive our business forward in this key market. We are confident that ATFX Australia will continue to thrive under Simon’s guidance and provide exceptional services to our clients.”
ATFX has established itself as a brokerage firm known for transparency, reliability, and innovation. The firm provides clients with advanced trading technology, educational resources, and comprehensive market analysis. Launched in 2019, this platform marked ATFX’s entry into the institutional arena, offering tailored liquidity solutions to a range of financial institutions. The leading fintech broker holds licenses in multiple countries, including the UK, Cyprus, the UAE, and Australia.
ATFX also hired a new Managing Director of Institutional Sales for MENA
The global frontrunner in online trading services for retail and institutional clients has recently announced the hiring of Hormoz Faryar as its new Managing Director of Institutional Sales for the MENA-Dubai region.
Faryar, a seasoned professional with over 23 years of experience in FX trading and sales, joins ATFX’s leadership team, adding considerable gravitas and strategic capabilities.
Before accepting the role at ATFX, Faryar had a notable career journey that began at State Street Bank. He swiftly advanced within the organization, earning a Vice President position in the Global Exchange business. His subsequent tenure at Credit Suisse in London solidified his credentials as an industry heavyweight. There, he served as the Director of Institutional Sales for the Middle East and Africa.
Faryar’s career showcases his robust abilities in driving business growth and developing lasting client relationships on a global scale. His record is one of consistent excellence and growth, skills that will undoubtedly be instrumental in his new role.
ATFX acquired South Africa-regulated OTC broker Khwezi
ATFX is taking steps to further expand its global presence. Last week, the brokerage group acquired Khwezi Financial Services, a move that grants ATFX a licensed Over-the-Counter Derivative Provider (ODP) status in South Africa.
The takeover allows the firm to act as an OTC derivative provider and therefore is permitted, under regular features of its business, to ‘originate, issue, sell or make a market in OTC derivatives’.
The ODP license, issued under the Financial Markets Act no.19 of 2012 by the Financial Sector Conduct Authority (FSCA), is crucial for legal operations in the OTC derivatives market, which includes contracts for difference (CFDs).
Forex brokers in South Africa are overseen by the financial sector conduct authority, which approves the firms that can operate within the jurisdiction. The FSCA handles the issuance of licenses and can sanction companies that violate guidelines of the nation’s dual regulation system.
