Finalto onboards Ricardo Grados to institutional sales team

abdelaziz Fathi

Finalto, the financial trading division of Playtech, is making a broader push into newer markets, culminating in a new hire focused on expanding the business into Latin America (LATAM).

Ricardo Grados

Based in Lima, Perú, Ricardo A. Grados has been added to Finalto’s institutional sales team.

Ricardo has stepped into his new role this month, according to information made public on his LinkedIn profile. He will help solidify Finalto’s operations in the LATAM region as well, bringing several years of expertise in the FX space to the role.

Most recently, Ricardo served as an institutional FX/equities sales specialist at an introducing broker. Prior to that, he spent three years in an analogous role with FX hedge fund Optimum Fund.

Earlier in his career, Grados was installed as head of LATAM FX business for London-headquartered forex brokerage Infinox Capital. A three-year stint as vice president of sales and trading at Cayman Island-based brokerage Tradeview took his career between 2016 and 2018.

Grados posted earlier on his LinkedIn profile that he was involved in leading a blockchain startup under the brand Forex Coin, which was looking to use Bitcoin’s underlying technology to streamline investment activities such as social trading and asset management. However, the information about his foray into the cryptocurrency world was entirely removed from his account page.

Professional background

Nevertheless, Ricardo shares more of his interest around cryptocurrency in LinkedIn posts, pointing out the opportunities that exist within the blockchain, adding that the technology is needed to disrupt diverse industries, including his field of expertise.

Grados has been deeply involved in the derivatives industry since 2005 when he started his career. His 17 years in the industry include senior positions at Soros Fund Management (Quantum), Barclays Capital Systems, and New York-based BBVA Securities.

Prior to joining Tradeview in 2016, Grados worked as head of Business Development and FX Trading at Monaco Private Capital Corp. This appointment followed his departure from the FCA-regulated FX and CFDs broker City Credit Capital, where he served as introducing broker and head of sales-Peru for nearly two years.

Grados joins Finalto at a time when the company aims to expand the reach of its flagship technology stack. Dubbed ‘Fianlto360,’ it is an end-to-end broker solution available on SaaS subscription basis or a fully deployed basis, based on the customer’s preference. Finalto’s proprietary technology enables partners to efficiently onboard, retain and boost customers’ trading activity. It offers a CRM, connections to PSPs, marketing, compliance and reporting tools all connected to Finalto’s white labeled trading platform.

Read this next

SEO

Binance Australia: Revolutionizing Cryptocurrency Trading Down Under

In 2024, Binance Australia continues to shape the cryptocurrency landscape, offering innovative trading solutions and comprehensive support for Australian traders. This article explores its services, regulatory compliance, and what makes it a top choice for crypto enthusiasts in Australia.

Inside View

European share trading is much higher than believed, says report

“Regulators in the EU and UK need to take the opportunity presented by the imminent establishment of a Consolidated Tape for shares and ETFs to update relevant post-trade transparency rules, so that they capture the full scope of share trading activity in Europe. Without this, Europe risks being left behind.”

Digital Assets

Abra launches prime solutions for digital assets

As an SEC-registered RIA, ACM will now operate as a fiduciary and allow clients to get exposure to the digital asset ecosystem under a separate account structure built on-chain, where clients retain title and ownership over their assets and their assets will be independently verifiable on-chain.

Retail FX

Unusual Whales taps Tastytrade as exclusive options broker

“We’re huge fans of Unusual Whales and the transparency they bring to the markets, enabling traders to make informed decisions.”

Industry News

GenAI can help transform OTC derivatives markets, said ISDA whitepaper

The risks of GenAI, however, include data breaches, regulatory issues, bias, as well as sub-standard or simply false results.

Institutional FX

B2Broker ups leverage on major Forex pairs, BTC and ETH

“This strategic update not only enhances our clients’ competitive edge but also augments their capacity to cater to the evolving demands of their clientele, attract new business, and elevate their service standards by leveraging our liquidity solutions.”

Industry News

Avraham Eisenberg convicted of $110 million DEX manipulation

Avraham Eisenberg, 28, has been convicted of commodities fraud, commodities market manipulation, and wire fraud in connection with the manipulation of the Mango Markets decentralized cryptocurrency exchange.

blockdag

BlockDAG Attracts $18.1M In Presale, Drawing Investors From Dogecoin And UNUS SED LEO for Potential 30,000x ROI

As the markets for Dogecoin and UNUS SED LEO exhibit volatility, a significant number of investors are redirecting their focus towards BlockDAG during its Batch 9 presale, which has remarkably gathered $18.1 million.

Digital Assets

Coinbase launches perpetual futures trading for Dogwifhat memecoin

Coinbase International Exchange (CIE) will introduce perpetual futures trading for Solana-based memecoin dogwifhat ($WIF), starting April 25. These open-ended futures contracts can be traded using the USDC stablecoin.

<