Invast Global poaches Johan Koo from CMC Markets

abdelaziz Fathi

Sydney-based prime-of-prime provider Invast Global has hired Johan Koo as it doubles down on investing in its liquidity franchise. He steps into the role of Head of Prime Services for the APAC region (ex. Japan) with immediate effect.

Johan Koo

Koo served most recently at CMC Markets Connect, the institutional business arm of UK’s biggest spread better, as an institutional sales manager. He joined the group’s APAC regional hub in Sydney, which provides a bespoke brokerage service for banks, brokers, funds and trading desks.

Johan brings to the role 13 years of financial market experience spanning a combination of boutique brokerages and major institutions. His addition will augment the team’s sales of liquidity solutions and he will be focused on further developing the global sales of Invast Global’s growing wholesale brokerage, as well as technology sales and client acquisition.

Prior to landing at the Australian broker, Johan had served in an analogous role with Sydney-based FX and CFDs broker, ACY Securities. He also spent more than two years as Head of Trading and Senior Derivatives Dealer at easyMarkets, based out of Sydney, New South Wales. This was preceded by a short stint as a senior corporate trader at the Australian subsidiary of Canadian firm, FIRMA Foreign Exchange.

Earlier in his career, Koo worked for nearly three years as a Sales Consultant/PBE at HSBC, his LinkedIn profile shows.

Andrew’s wealth of experience in Prime Services, with a focus on global hedge funds uniquely positions him to work with Invast’s sophisticated investors. The unit caters to a client segment that includes mid-sized hedge funds and family offices and other buy-side institutions, which are currently experiencing a variety of challenges, such as accessing the wholesale ‎‎foreign exchange price matching community via a prime brokerage model‎. ‎

Invast Global has been ramping up hiring to capture more market share in a booming PoP environment. Traditionally, only the largest funds and institutions have been able to get access to the benefits provided by the non-bank market makers. This is because access has relied on the client having a tier one prime broker relationship.

The new hires also follow growing global demand for Invast’s PurePrime facility. Tailored for institutional clients, brokerages, hedge funds and sophisticated traders, PurePrime offers optimised FX and CFD liquidity via multiple trading GUIs or API, backed by tier one prime brokers.

Read this next

Technical Analysis

FTSE 100 Technical Analysis Report 16 April, 2024

FTSE 100 index can be expected to fall further toward the next support level 7760.00, former strong resistance from last year, acting as the support after it was broken this January.

Metaverse Gaming NFT

Mon Protocol and Pixelverse Forge a Groundbreaking Partnership to Revolutionize Blockchain Gaming

Mon Protocol and Pixelverse make history in the annals of Blockchain gaming as they set up the architecture for the melding of their technologies.

Chainwire

Nimiq Pay Launch: A New Standard For Self-Custodial Crypto Payments

Nimiq, the blockchain ecosystem for payments that is designed to make cryptocurrency easy for everyone to use, has taken the first concrete steps towards its goal of becoming the world’s most widely-accepted digital asset for payments with the launch of Nimiq Pay.

Inside View, Interviews

Exclusive: GoMining’s Mark Zalan wants to democratize opportunities of Bitcoin halving

As the Bitcoin community counts down to the upcoming Bitcoin halving, Mark Zalan, CEO of GoMining, shared exclusive insights into how the company is gearing up for this pivotal event in the cryptocurrency world.

Digital Assets

Umoja Partners with Merlin Chain to Launch Revolutionary Bitcoin-Based Synthetic Dollar – USDb

Umoja, an innovative smart money protocol, has embarked on a strategic partnership with Merlin Chain, a leading Bitcoin Layer-2 network, to introduce USDb, the first Bitcoin-based, high-yield synthetic dollar.

Crypto Insider

Bybit Report Highlights Imminent Bitcoin Supply Shortage and Rising Scarcity Post-Halving

Bybit, recognized as one of the top three cryptocurrency exchanges globally in terms of trading volume, has recently published a comprehensive report highlighting the future supply constraints of Bitcoin.

blockdag

BlockDAG Outshines XRP Price Breakout and Uniswap Crypto Forecast with 20,000x ROI Potential and Teaser for Keynote on Moon

BlockDAG has become the latest sensation in the crypto world, which has taken the spotlight by storm, overshadowing even the most optimistic projections for XRP’s price breakout and Uniswap’s crypto forecast.

Digital Assets

Binance announces blockchain courses at European universities

“Education plays a pivotal role in advancing adoption and fostering opportunities as these technologies redefine our future and global economic landscape.”

Fintech, Uncategorized

Kepler Cheuvreux taps Adaptive for new execution equities platform

KCx, Kepler Cheuvreux’s execution division, has partnered with trading technology firm Adaptive Financial Consulting to create a new event-driven trading system based on Aeron and its own Hydra technology.

<