ETX Capital hires Juan Amiguet as Head of Data

Karthik Subramanian

ETX Capital, the FCA regulated broker based out of London, has hired Juan Amiguet as Head of Data as it pushed on the data analytics side to improve its features and help users as well with all the data and by providing them the right tools.

Arman Tahmassebi appointed COO at ETX Capital

Though an official announcement has not been made as yet, it is understood that he has joined the company from his LinkedIn profile. He brings with him about 10 years of development experience, mainly in the data analytics space with numeric modeling and also in the infrastructure side.

This hire comes at a time when the company is looking to expand into more regions with licensing in Dubai and South Africa which shows its intention to expand its user base in the West Asia and African regions. Such expansion is likely to increase the need for the collection of data and analytics and also put a strain on the existing infrastructure and so it makes sense that the company makes investments in hiring the right people in this industry.

Before joining ETX, Juan had spent 2 years at SICPA in Switzerland as a Senior Software Engineer and he also has experience working as a Technical Lead at Swissquotes for a couple of years as well. This experience is expected to keep him in good stead in his latest assignment at ETX Capital.

This latest hire adds to the hiring of Andrew Saks in April as Head of Research and Analysis. The company has been growing and transitioning over the last few months ever since it was bought over by Guru Capital towards the end of last year. The CFD broker seems to be moving in the right direction as they look to cement their position and reputation in the industry as an FX broker on the one hand while on the other hand, they continue with their expansion plans into other regions.

These new hires also point to specific plans from the company to add new features and also study the trading and user data so that it can develop user-centric features and tools in the long run which would in turn help in user retention. FX brokers are companies that generate a huge amount of data and this combined with the trading data from various currency pairs, presents a challenge to the brokers as far as analytics is concerned.

Read this next

Digital Assets

Valkyrie pulls back on Ether futures merge with Bitcoin ETF

Valkyrie Funds LLC will suspend the purchase of Ether (ETH) futures contracts for its Valkyrie Bitcoin and Ether Strategy ETF (BTF.O). Additionally, the firm will unwind any positions in Ethereum that it has already acquired.  

Digital Assets

Hong Kong police arrest 18 in $1.5B billion JPEX fraud

The investigation into the JPEX crypto exchange scandal continues to unfold as Hong Kong and Macau police arrest four more individuals. These arrests, which include individuals considered “relatively close to the core” of the scandal, bring the total number of detentions to 18.

Digital Assets

Gemini tells Dutch users to withdraw assets by November 17

Gemini, the cryptocurrency exchange founded by Cameron and Tyler Winklevoss, announced that it will cease providing services to customers in the Netherlands, citing regulatory requirements imposed by the country’s central bank.

Digital Assets

SEC puts BlackRock, Valkyrie, and Bitwise Bitcoin ETFs on hold

The U.S. Securities and Exchange Commission has delayed its decisions on several bitcoin exchange-traded fund (ETF) proposals, leaving many in the crypto industry feeling pessimistic for any future blessing from the agency.

Digital Assets

Ripple backs out of Fortress Trust acquisition

Ripple has decided to cancel its planned acquisition of Fortress Trust, a custodian company, less than a month after initially announcing the agreement.

Uncategorized

France regulators blacklists 21 FX brokers, FuturBTC

France’s financial markets regulator, the Autorité des Marchés Financiers (AMF), today shed light on several unregulated forex brokers representing their offering under several brands. Notably, the AMF has identified only one crypto-assets provider in its latest warning.  

Digital Assets

Flare and Arkham Collaborate for Enhanced Decentralized Data Access

Flare’s blockchain for decentralized data acquisition integrates with Arkham’s Intelligence Platform, offering users advanced analytics and actionable on-chain insights.

Industry News

iFX EXPO International 2023 Successfully Concludes

The most talked about financial event of the year took place in Limassol, Cyprus.

Retail FX

Plus500 Forex Garners Market Attention In The Latest Expert Ranking

Securing the 58th spot in Traders Union’s Best Forex Brokers of 2023 ranking, Plus500, despite its cautionary overall score of 6.3 out of 10, stands out for its stringent regulatory compliance, user-centric WebTrader platform, and a commendable focus on account security, though it lags in providing advanced trading tools and trust management features.

<