FPG hires Hugo Cano for business development weeks after acquiring ASIC-regulated GMT Markets

Rick Steves

Fortune Prime Global, the ASIC-regulated multi-asset broker also known as FPG, has appointed Hugo Cano as Business Development Manager.

Along with their existing teams in Europe and South East Asia, Cano will be responsible for developing Spanish-speaking retail and institutional clientele for Fortune Prime Global in LATAM and Spain.

The hiring of Hugo Cano comes on the heels of FPG’s acquisition of GMT Markets, the ASIC-regulated CFD broker holding AFSL 400364.

Hugo joins FPG after roles at BDSwiss, Black Tango, and FOREX.com

Hugo Cano joins FPG after previous roles in the FX industry, including Sales Account Manager at BDSwiss, based in Madrid, where he oversaw multiple accounts and worked to meet and exceed performance goals. At BDSwiss, he dealt with clients through affiliates and IB offering trading signals and copy trading and general knowledge of their conditions, and worked to grow the LATAM market.

According to his LinkedIn profile, he also followed the guidelines set by the BDSwiss’s compliance department and dealt with different payment methods and processes and solving issues, and tracking deposits and withdrawals. BDSwiss was recently fined €100,000 by CySEC for redirecting clients to offshore entities. The broker was banned from the UK for the same reason.

Before BDSwiss, Hugo Cano was Account Manager of Sales & Retention at FOREX.com, where he maintained the broker’s CRM, retained clients, and built relationships.

He has most recently worked at Black Tango, a boutique asset management firm, where he was in charge of developing the Spanish and LATAM markets, both B2B and B2C approaches.

Hugo Cano has approximately 15 years of international working experience in customer services and sales in different industries and has been focused on the FX industry since 2020.

FPG acquired ASIC-regulated GMT Markets

With global offices across Asia, Australia, and Europe, FPG earlier this month acquired GMT Markets, an ASIC-authorized CFD broker that held its ASL license in Australia since 2011.

FPG Capital Group operates out of Melbourne, Sydney, and other regional locations. Its diversified portfolio features a group of businesses spanning construction, mortgage brokerage, currency exchange services, property development, and import-export ventures. The GMT Markets acquisition adds another layer to the range of services provided by FPG Capital Group.

In collaboration with banking institutions, FPG Capital Group offers brokerage services across a range of derivatives markets including forex, gold, commodities, indices, and crypto CFDs.

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