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

Financewire

Changelly launches Probably Serious Quiz introducing 0% fee swaps of USDt on TON and Toncoin

Changelly, a global crypto exchange, lists USDt on TON, a newly launched stablecoin created in the wake of a strategic collaboration between Tether and The Open Network.

Digital Assets

Crypto.com’s South Korea launch hits a snag over AML probe

Crypto.com has postponed a planned launch in South Korea following a report by the local news outlet Segye Ilbo, which stated that the exchange platform was undergoing an “urgent on-site inspection” due to concerns over money laundering.

Market News

Germany’s DAX 40 Index: Defying Economic Gravity

Amidst a backdrop of pervasive pessimism regarding Germany’s economic outlook, the DAX 40 Index (Germany 40 Mini at FXOpen) has emerged as a beacon of resilience and strength in the European financial landscape.

blockdag

DotBig Investments: Transforming the Landscape of Investment Opportunities

DotBig, a prominent player in the investment landscape, offers a diverse range of opportunities for both private and corporate investors.

Fintech

Uncleared OTC derivatives post-trade processing has a new player

A recent platform trial conducted by Fragmos Chain in partnership with a consortium of six investment banks across Europe, Asia, and North America, has been deemed a success.

Interviews

Colibrix wants to take the LATAM payments market by storm

FinanceFeeds is excited to announce an exclusive interview with Aleksander Bobrov, CEO of Colibrix, delving deep into the payment firm’s recent advancements and strategic positioning in the Latin American (LATAM) market.

Industry News

UK FCA provides guidance ahead of anti-greenwashing rule

“Consumers care about investing in products that have a positive impact on the planet and people. That’s why we want to boost the integrity of the market and ensure people can make informed decisions about how to invest their money.”

Retail FX

Moomoo onboards 100,000 Malaysian clients in six weeks

“We are committed to enhancing the investment experience with smarter tools and deeper insights. Our mission is to not only grow with the Malaysian market but to lead it, shaping the future of investing in the region.”

Institutional FX

Clearwater completes acquisition of Wilshire’s analytics solutions

“Our vision is to create the preeminent investment management solution for firms around the globe. Clearwater’s integrated platform eliminates the need for multiple data reconciliations, serving as a reliable singular source of truth.”

<