smartTrade appoints ex-Finastra Michael Henssler as President and COO

Rick Steves

smartTrade powers in-house hosted solutions for Foreign Exchange, Fixed Income, Crypto and Derivatives asset classes with connectivity to more than 130 liquidity providers.

smartTrade Technologies has announced the appointment of Michael Henssler as President and Chief Operating Officer, based out of the London office.

Responsible for the running of all smartTrade’s field operations including sales, pre-sales and client engagement, the new President and COO brings more than 20 years of experience in enterprise software and capital markets.

The solution, which supports several regulated and unregulated firm’s operations, features tailored aggregation, smart execution, risk management, order management, analytics, payments and multi-channel distribution.

Michael Henssler joins smartTrade from Finstra, where he was General Manager of the Treasury, Capital Markets and Risk (TCM) business unit. Prior roles include engineering support, implementation & consulting, pre-sales, business development and product management for a range of platforms including Kondor, Sophis, Summit and Opics.

David Vincent, Co-Founder and CEO at smartTrade, commented: “Michael will be an invaluable addition to the Executive Leadership Team. He is a proven technology executive with a unique depth of operational experience and a firm commitment to customer success. I am confident that he brings the skills required to meet smartTrade’s growth ambitions as we build on our recent success.”

Michael Henssler, President and COO, said: “I am excited to be joining smartTrade as it enters its next phase of growth. I believe strongly in putting the customer at the heart of everything we do and I look forward to working with the entire smartTrade team as we leverage our innovative technology, our global talent pool and our strong momentum to carry the company to the next level.”

smartTrade launched next generation LiquidityFX platform

smartTrade Technologies has recently launched a combined LiquidityFX next-generation (LFX-NG) platform following the acquisition and integration of Toronto-based TickTrade Systems.

Operating under the smartTrade name, the combined company delivers industry-leading FX trading technologies to a global client base across Europe, North America, and Asia.

During the four months after the acquisition of TickTrade Systems, the firm’s more than 280 FX experts across the globe have pooled their collective knowledge to re-invent electronic trading to meet today’s new market structure challenges.

The fully integrated workflows cover spot, forward, NDF’s, Options, Cryptocurrencies, Payment Routing, all underpinned by AI predictive analytics. The LFX-NG solution can be deployed as a full stack or individual modules meaning it’s never been easier to integrate. LFX-NG allows for tailored pricing and trading strategies to be developed and rolled out in a matter of months.

Read this next

Technology

Zennor AM deploys TORA’s all-in-one multi asset system

“The selection process was very thorough. We expect our fund to grow rapidly and we needed a solution that works for a newer fund but also has the capacity to scale significantly over time.”

Industry News

SEC files to take out Ripple’s whole expert testimony in one mega take

Defendants do not object to the motion provided that they be allowed the same page limit for their response in opposition to the motion. 

Digital Assets

Wirex launches crypto loans with LTV of up to 80%

The recent market collapse hasn’t stopped Wirex from pursuing its crypto loan offering allowing users to borrow up to $100,000.

Digital Assets

Chainalysis and Cellebrite to launch integrated solution

As a result of this cooperation, examiners, investigators, analysts, and compliance officers will be able to seamlessly identify illicit cryptocurrency-related activity in a single place as part of their familiar digital investigation workflows.

Executive Moves

Gate.io hires ex-Google Tom Yang for brand building

Gate.io has appointed Tom Yang as Executive Vice President (EVP) to gradually carry out its global brand building and market development.

Digital Assets

What if Ripple loses and XRP is deemed a security?

The outcome of the Veritaseum case could provide guidance to XRP holders looking for answers about what will happen to their assets.

Executive Moves

BestEx Research taps Paul Merolla as General Counsel

He has served as General Counsel at institutional broker Instinet Group and was Associate Counsel at Goldman Sachs.

Industry News

eToro announces termination of SPAC deal amid “circumstances”

“We ended Q2 2022 with approximately 2.7 million funded accounts, an increase of over 12% versus the end of 2021, demonstrating continued customer acquisition and retention rates that have been improving over time. We remain confident in our long-term growth strategy and excited for the future of eToro.”

Digital Assets

EU crypto regulation limits privacy to 1,000-euro threshold

MiCA complements existing AML rules and aims to enhance financial stability and investor protection in Europe.

<