BDSwiss promotes Nicolas Shamtanis to CEO

abdelaziz Fathi

BDSwiss Group has promoted Nicolas Shamtanis to take on the role of its chief executive officer (CEO). The FX industry veteran has originally joined the multi-asset broker back in September 2021 as Deputy CEO.

Nicolas Shamtanis

Prior to BDSwiss, Shamtanis served nearly two years at Exness. He initially joined the broker as its Chief Sales Officer (CSO) for the Asia Pacific region in December 2019. The position saw him relocate from Cyprus, where he had been based for his entire career, to Kuala Lumpur, Malaysia. In February 2020, Shamtanis was promoted to take an expanded role as Exness’ head of B2B sales.

Nicolas is a highly experienced FX industry professional and a prominent name in the brokerage world, having spent 12 years at easyMarkets before joining Exness. During this long stint, he worked his way up through several senior roles with the CySEC regulated broker, culminating with the position of Chief Commercial Officer (CCO). In this role, Shamtanis was responsible for the growth of the customer base via initiatives that ensure a more efficient on-boarding and customer retention process, per his Linkedin profile.

He originally joined the firm as a senior dealer and was then elevated to business development officer, chief client retention officer, amongst other varied sales roles. There, he was also responsible for majoring on specific aspects of the company’s product range including the unique dealCancellation solution.

BDSwiss Group is a multi-asset broker

Shamtanis graduated from Technische Hochschule Nürnberg Georg Simon Ohm, a university in Nuremberg, Germany. He has obtained a degree in international business with a focus on business, management, marketing, and related support services.

BDSwiss Group is a multi-asset broker that has been operating since 2012. The brokerage firm itself was established in Zurich, Switzerland, yet its group of companies operates in several jurisdictions and now serves clients in over 180 countries.

BDSwiss is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 199/13. This regulatory status offers a cross-border approval that permits the company to provide investment services within the European Economic Area (EEA) zone.

In addition to its primary authorization by CySEC, BDSwiss holds other licenses to serve clients from different jurisdictions. This includes approvals from the financial services regulators in Mauritius and Seychelles.

Read this next

Executive Moves

Freemarket taps Greg Sherwin as CTO of international payments and FX-focused fintech

“At Freemarket, we are focused on providing the best optimized cross-border payments and currency exchange service to our customers and Greg’s exceptional technology expertise will help us deliver even more for our customers and support their future growth and success.”

Digital Assets

Boerse Stuttgart Digital secures BaFin authorization for crypto custody

“This is the first time that an established market participant has been licensed to hold cryptocurrencies in custody without any acquisitions. This completes the unique infrastructure we offer: of all the traditional service providers operating in the European crypto market, we are now the only one-stop-shop that’s fully regulated by BaFin in Germany for brokerage, trading, and custody of digital assets. For banks, brokers, asset managers, and family offices, this makes us the infrastructure partner of choice.”

Executive Moves

Capital.com hires Simone Manni as Head of Marketing, Europe

“I am proud to join Capital.com, a dynamic, fast-growing FinTech company harnessing technology to disrupt traditional access to financial markets. My focus over the next few years will be to grow Capital.com’s market share across western Europe and to gain a stronger foothold in countries like Italy and Germany which boasts a mature and sophisticated trading community.”

Retail FX

Axi extends partnership deal with Manchester City

FX broker Axi, previously known as AxiTrader, has renewed its flagship sponsorship deal with soccer giant Manchester City.

Digital Assets

Russia delays digital ruble pilot to May

Russia has postponed its central bank digital currency (CBDC) pilot indefinitely, which was originally scheduled for April 1, as it awaits specific legislation to be voted before the “crypto ruble” trial.

Executive Moves

Scope Markets promotes James Hughes to head of marketing

Belize-based FX and CFDs brokerage Scope Markets has promoted James Hughes, who until recently was its head of brand, to take on an expanded role as the company’s global head of marketing.

Retail FX

Fraudsters clone Financial Commission’s website, two ex-members under suspicion

The Financial Commission, an industry-specific dispute resolution service that caters to the financial services industry, today announced that it believes a clone website has been impersonating its membership roster.

Retail FX

CMC Markets warns of operational challenges in Q1

CMC Markets PLC (LSE:CMCX) said in a trading update for the fiscal year 2023 that February and March posed a more challenging environment with lower equity volumes and a higher proportion of lower margin institutional trading activity.

Interviews

Why Is Digital PR So Important for Financial Service Providers? Buzz Dealer’s CEO Uri Samet with the Answers

Digital PR is all about spreading your message faster, wider, and stronger in the online world, through proper SEO, link-building, and organic and paid social media work.

<