It is extremely rare for one of Japan’s giant electronic trading stalwarts to invite overseas senior executives to join the board, however today, one of the world’s most astute institutional FX industry senior executives Gavin White has been invited to join the board of parent company Invast Securities Co Ltd
Australia, the pinnacle of high standards across all sectors of the FX industry, and home to a highly well organized business environment.
Today, a further development within the upper echelons of the nation’s globally focused firms has taken place, this time manifesting itself in the recognition of one of the industry’s most senior executives by a vast Japanese electronic trading empire.
The company is Invast Global, which continues to enjoy remarkable success with its acclaimed PurePrime multi-asset offering.
Much concentration at the leading edge of the FX industry has centered on the prime of prime brokerage sector during recent months, resulting in a situation in which very few non-bank prime of prime brokerages lead the pack, Invast Global being one very renowned example.
The firm has gained recognition throughout the industry for the unique transparency and control afforded to clients wishing to gain leveraged access to FX, Metals, Energies and Equities markets.
PurePrime is particularly popular with the more sophisticated end of the market – hedge funds, asset managers and brokerages.
In one of the strongest signs yet that Invast Global has been racking up impressive results, CEO of the firm, Gavin White has been nominated for appointment to the Board of the Japan-listed parent company, Invast Securities Co., Ltd, and with Japan being a very domestic-market focused FX industry environment that accounts for over 35% of all non-bank FX order flow, invitations such as this are very rare indeed.
Mr White has assembled an enviable team of experienced and talented staff at Invast Global, the entirety of whom FinanceFeeds spent considerable time with in April this year at the company’s headquarters in Sydney, and was very much party to the specialist experience that the company provides.
As one of the first firms to recognise the shifting dynamics of the industry, brought about by the staggered implementation of regulatory reforms aimed at constraining the large global banks, Invast Global has forged a place at the top-tier of non-bank prime services firms. The fact the firm is one of the only listed prime services firms globally and encompasses the strong balance sheet and managerial support of its parent company, suggests a degree of stability that adds further significance to the firm’s successes.
President and CEO of Invast Securities Co., Ltd, Mr Takeshi Kawaji, is enthusiastic in his support for the Invast Global team; “Gavin, Jon Leung (COO) and James Alexander (CCO) have built a team and infrastructure which is the envy of the industry. The Board of Invast Securities Co and I are proud of what they have been able to achieve. Their growth has been impressive, but what is most admirable is the quality of their offering, their professionalism and the pride they take in ensuring they are doing the very best for their clients. We look forward to continuing to support their ambitions. The appointment of Gavin to the Board of Invast Securities Co., Ltd illustrates the strength of our endorsement of what the team at Invast Global is achieving.”
Mr White is quick to apportion credit to the team he leads; “The Invast Global team has been together for 4 years now and we grow more tight-knit every day. We have a relaxed but highly professional culture. It is a pleasure to lead a team that habitually operates at such a high level. We are very optimistic about the growth potential of our firm. We believe we are in the right place at the right time, with the right product.”
In addition, Mr White also acknowledges the significance of his nomination to the Board of the listed Japanese company and the support he has enjoyed from the parent company’s CEO and President; “Takeshi has been a tremendous influence on the team at Invast Global and a very valuable mentor to me personally. It is a profound honour to be nominated to join the Board of Invast Securities Co., Ltd. The Board is comprised of a remarkably intelligent and talented combination of individuals and I am looking forward to forming closer relationships with all. Above all I relish the chance to add to the efforts of the Board to grow shareholder value.”
The nomination of White to the Board of Invast Securities Co., Ltd. is subject to the approval of the Ordinary General Meeting of Shareholders of the Company scheduled to be held in June 2017.
Mr White has led the company to strength since his promotion to CEO in November 2015.
Prior to joining Cantor Fitzgerald, Mr. White was Head of FX and CFD Trading for the APAC region at MF Global in Singapore, a position that he held for three years, after a two year tenure at City Index in Sydney, Australia where he was Head of Business Development.
With almost thirty years of experience in the institutional and retail FX industry, Mr. White has held senior positions at major banking institutions including Westpac Institutional Bank, Citi, ABN Amro and Barclays Capital in London, Sydney and Singapore.
Mr. White graduated from the University of Sydney with a Bachelor of Economics, International Economic Theory and International Political Theory in 1987.
FinanceFeeds considers this to be a milestone in terms of senior appointments, and testimony to Mr. White’s leadership, as Japanese companies, despite their gargantuan and towering volumes of business compared to all other electronic trading firms in the world, do not take these decisions lightly at all. We wish Mr White continued success.
Images copyright Invast Global