Exclusive: PrimeXM hires MetaQuotes veteran senior executive Andrei Savitski

Having witnessed and contributed to the success of MetaTrader 4 since its inception in 2005, Andrei Savitski leaves MetaQuotes on very good terms after 11 years to join PrimeXM.

liquidity

MetaQuotes has dominated the retail trading platform sector ever since the inception of MetaTrader 4 in 2005, its development spurring the massive surge forward in retail trading that has now taken the entire world’s financial markets into a new dimension.

Right at the very beginning, Andrei Savitski, was Head of Global Sales at MetaQuotes, the company which developed the ubiquitous MetaTrader 4 platform.

Mr. Savitski maintained his position as Head of Global Sales at MetaQuotes for 11 years, witnessing and being responsible for the platform’s foray into the retail FX industry and its entire all encompassing dominance of the retail FX platform sector.

andrei
Andrei Savitski

Mr. Savitski has now left MetaQuotes after propelling the MetaTrader 4 platform from its origins as a completely new project to the de facto trading interface for which an entire technological ecosystem has been built by expert third party liquidity management, integration and application development firms, and has been appointed Global Business Development Manager at trading platform integration technology company PrimeXM in Limassol, Cyprus.

As a pure technology provider of  bridge aggregation software, ultra-low-latency connectivity and institutional grade hosting solutions, a major part of PrimeXM’s product range is an ultra low-latency aggregation, order routing and reporting engine, which is called XCore.

Today, FinanceFeeds spoke to Mr. Savitski with regard to his new position, as well as Richard Bartlett, Head of Global Sales at PrimeXM who Mr. Savitski will report to.

“We are very pleased to welcome Andrei to PrimeXM, his understanding of how to take technology solutions to market and bring them to a position in which majority market share is achieved is extremely valuable to us” explained Mr. Bartlett.

“Andrei’s vast amount of market knowledge and experience will prove invaluable in his new role. His primary objectives will be to build upon PrimeXM’s already substantial global presence by promoting our market leading XCore aggregation, connectivity and hosting solutions to various financial institutions that are looking for the best in breed technology solutions. I wish him the very best in his new role and look forward to supporting him in achieving his goals” concluded Mr. Bartlett.

Mr. Savitski explained to FinanceFeeds today “I am very much looking forward to applying my background and technological expertise to further expand PrimeXM’s presence in the market and developing existing relationships with financial institutions worldwide.”

“PrimeXM’s solutions and services are highly advanced, offering unique business opportunities for brokers to tap into additional revenue streams, and significantly enhance the quality of the trading services they provide to their valued clients” concluded Mr. Savitski.

Mr. Savitski left MetaQuotes on very good terms after a remarkable 11 year tenure at MetaQuotes and looks forward to this prominent advancement in his career at PrimeXM.

Read this next

Executive Moves

NAGA lures former Tickmill compliance exec Loukia Matsia

NAGA Group, a provider of brokerage services, cryptocurrency platform NAGAX and neo-banking app NAGA Pay, appointed Loukia Matsia as their new Head of Compliance and Anti-Money Laundering (AML).

blockdag

Explore 2024’s Top Cryptocurrencies: BlockDAG Leads With 30,000x ROI Potential, Among Surge Predictions For Bitcoin And Ethereum

Navigating the vast ocean of cryptocurrencies might feel overwhelming for many investors, whether seasoned or newbies.

Tech and Fundamental, Technical Analysis

EURUSD Technical Analysis Report 18 April, 2024

EURUSD currency pair can be expected to fall further toward the next support level 1.0600 (which reversed the price earlier this month).

Digital Assets

Binance ordered to remove Changpeng Zhao to get Dubai license

Binance, the world’s largest cryptocurrency exchange, has obtained a Virtual Asset Service Provider (VASP) license in Dubai.

Crypto Insider

Evolution and current state of global crypto adoption

Every four years, the crypto world gets hyped for the Bitcoin halving. Past halvings, like the one of May 2020, saw a massive increase in BTC transactions, which was driven by growing adoption and community involvement.

Digital Assets

Binance set to re-enter India with $2 million fine settlement

Binance, the world’s largest cryptocurrency exchange, is preparing to re-enter the Indian market after agreeing to pay a $2 million fine, according to a report by the Economic Times.

Chainwire

Over 1,000 Builders, Partners, Investors and Enthusiasts Gather at Inaugural Global Event to Celebrate Sui

Last week in Paris, over 1,000 blockchain enthusiasts from 65 countries gathered at the inaugural Sui Basecamp during Paris Blockchain Week. This milestone event showcased major announcements and drew a global community, highlighting Sui’s impactful strides in blockchain technology.

Chainwire

Powered by Qualcomm, Aethir Unveils Game-Changing Aethir Edge Device to Unlock the Decentralized Edge Computing Future

Aethir, in collaboration with Qualcomm, unveils Aethir Edge, the pioneering authorized mining device. Integrated with a distributed cloud network, it offers advanced edge computing, decentralized access, and exclusive rewards. Dive into the decentralized future with Aethir Edge and unlock new dimensions in computing.

Retail FX

Malaysian traders to access the dynamically evolving Octa trading ecosystem

Malaysia will be the first region to try out the new, improved version of OctaTrader, a customisable cross-device trading platform finely attuned to the needs of all traders regardless of their experience. To support the release of new OctaTrader features, Octa launches a global communication campaign The lucky ones, which will highlight some key aspects of the traders’ psychology and attitude to luck.

<