MX appoints Lexi Hall as Director of Public Policy

Karthik Subramanian

MX, one of the leaders in connectivity and data enhancement for financial services companies, has announced that it has appointed Lexi Hall as the Director of Public Policy.

US SEC alerts public to Binary Options fraud

For a company like MX, the relations with federal, state and local governments are important and valued highly and hence Miss Hall has been appointed to oversee such initiatives.

Miss Hall was previously with US Senate Banking, Housing and Urban Affairs Committee which she had joined in 2019, and has since been advising on fintech and data governance. So, her network and contact as well as her knowledge of such governance would be of huge value for the company.

Lexi Hall brings a wealth of experience to MX as a data expert and policy advisor for the U.S. Senate Banking Committee and we are thrilled to welcome her to the team,” said Jane Barratt, Chief Advocacy Officer, MX. “Together with Lexi, we will work closely with regulators and policymakers to accelerate the future of open finance through modern connectivity to improve the financial health of millions of Americans.”

Before her role there, she had also worked at Morning Consult, Winston Group and Bain Capital where her different roles as a data analyst and managing director helped her to gain in-depth knowledge of policy and governance.

“Financial health begins with the ability for people to securely access their data. The U.S. is poised for true regulatory innovation in the financial data space and I’m thrilled to be joining the MX team to help drive this innovation,” said Lexi Hall, Director of Public Policy, MX. “Modern connectivity is the foundation of increased innovation in the financial industry and I’m excited to continue the conversation with policymakers and regulators to move the industry forward.”

MX connects more than 16,000 financial institutions to financial data and helps them to make sense of all the raw data that is available around the world into structured datasets so that they would be able to deliver intelligent services which can be utilised by these firms and interpreted into more valuable information.

With more and more data flowing into the markets and other places in recent times, it is necessary for all this data to be collected and processed in the right manner so that the users would be able to make proper sense of the same and can convert it into something that is useful for them. MX provides such kinds of solutions and makes the job of their clients easier.

Read this next

Industry News

Exness Crowned as Best Global Multi-asset Broker at Forex Expo Dubai 2023

Cyprus-based Exness garners top honors at the Forex Expo Dubai, solidifying its esteemed position in the global financial arena.

Retail FX

CySEC cancels license of 101investing parent following €200,000 fine

The Cyprus Securities and Exchange Commission (CySEC) confirmed on Tuesday that it has wholly withdrawn the Cyprus Investment Firm (CIF) License of FX retail brokerage firm FXBFI Broker Financial Invest Ltd, trading as 101investing.

Retail FX

Scope Markets doubles down on Middle East: AED accounts ahead of GCC Equity CFDs

“To bolster our footprint in this thriving ecosystem, it was a strategic imperative to integrate AED accounts and introduce a slew of CFD equities reflecting the GCC landscape. This not only appeases the domestic audience but also beckons international investors aspiring to delve into these dynamic markets.”

Market News

Navigating the Complex World of Central Banks: Inflation, Rates, and Economic Growth

Inflation continues to loom large over both European households and businesses, leaving central banks in the region grappling with a prolonged battle to reach their target levels.

Institutional FX

QUODD partners with Blue Ocean for real-time after-hours market data

“Investors are increasingly global, and market data providers like QUODD are facilitating access to data that enables global traders to invest in US markets. Partnering with top-tier fintech providers like QUODD allows Blue Ocean to extend its reach to a new demographic of investors.”

Retail FX

Moomoo Canada launches pro-level tools, free Level 2 data, and affordable US stock trading

“Being a real social trading platform in Canada, we cultivate a unique ecosystem helping our users grow… The world is eager to hear the voice of Canadian individual investors, and we look forward to more contributions from Canadian investors in our moo community.”

Industry News

CFTC sues Patrick Wonsey for $3.4 million FX and binary options scam

Wonsey allegedly diverted these monies for personal use and orchestrated payouts to other pool participants, mirroring a classic Ponzi scheme.

Digital Assets

MoneyGram to launch non-custodial digital wallet

“In collaboration with SDF, MoneyGram has been working towards creating equitable access to the global financial system. With the introduction of this non-custodial digital wallet, we are further emphasizing our commitment to providing consumers with a bridge to the digital economy while upholding our brand’s integrity for speed, efficiency, and trust.”

Digital Assets

Binance exits Russia as part of crypto exchange’s compliance strategy

“As we look toward the future, we recognize that operating in Russia is not compatible with Binance’s compliance strategy. We remain confident in the long-term growth of the web3 industry around the world and will focus our energy on the 100+ other countries in which we operate.”

<