Fxview hires Feras Mahmoud as head of risk management

abdelaziz Fathi

Fxview has appointed Feras Mahmoud as its head of risk management based in the company’s headquarters in Limassol, Cyprus.

With an extensive background in foreign exchange markets, Feras ends a long stint at Orbex, where he worked as head of dealing for more than six years. Prior to that, he was an executive director and head of execution at Concorde Investment, which took his career between March 2016 to October 2017.

Feras also a similar role at MultiBank Group, preceded by a three-year tenure at Pulp International Business, part of a career dating back to 2008.

In his new role, Feras will work with the executive team with responsibility for administering Fxview’s risk management framework including the exposure management and capital modelling functions across the group. With nearly 15 years of experience, he joins in a key senior management role, bringing a hands-on approach to international risk management.

Fxview is a brand owned by Finvasia Group- a Fintech conglomerate which was established in 2009. The group owns and operates over a dozen products across financial services, healthcare, technology, block chain, real estate and technology.

Fxview is regulated by the CySEC and the group is regulated/registered with over 30 different regulatory bodies across Europe, Africa and India. Earlier this year, the broker acquired an FSCA license in South Africa and is now authorized as a Financial Service Provider locally.

Forex brokers in South Africa are overseen by the financial sector conduct authority, FSCA, which approves the platforms that can operate within the jurisdiction. The powerful watchdog handles the issuance of licenses and can sanction companies that violate guidelines of the nation’s dual regulation system.

South Africa enjoys a strong and well-organized financial market and therefore has become a popular destination for brokers looking to expand. It is one of the world’s top ten capital markets and boasts thousands of investors. The country itself is a diverse market that is largely devoid of the market saturation seen in other jurisdictions such as Europe.

The country’s resource-rich economy is heavily reliant on financial services and its appeal as a business hub only increases as there are almost no competing financial centers in the south part of the black continent.

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