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ThinkMarkets appoints Alexander Kolchev as CTO

abdelaziz Fathi

Melbourne-based broker, ThinkMarkets has promoted Alexander Kolchev as the company’s new Chief Technology Officer (CTO).

A former DXC Technology’s exec, Kolchev will be responsible for leading the development and delivery of ThinkMarkets’ products and services. As its chief technology officer, he will play a key role in the management and development of the group’s technological capabilities. His appointment also comes after several similar roles at other venues over the course of a career spanning ten years.

Previously, Kolchev held a variety of senior positions including roles in product management and software with a focus on forex systems. Prior to his appointment at ThinkMarkets, he held an analogues position at DXC Technology, a Fortune 500 global IT services leader.

Other stops include working as head of software development at Smart IT, a technological hub that that caters to Fintech firms in in Bulgaria, Romania, Poland, Ukraine, Northern Macedonia, and Spain.

ThinkMarkets (formerly ThinkForex)‎ is a multi-licensed online forex brokerage firm, authorized and regulated by the UK Financial Conduct Authority (FCA) and the Australian ‎Securities and Investments Commission (ASIC). The firm expanded its global footprint through its licensed South African firm. It also acquired the Japanese FX firm, Japan Affiliate, in a move that allows ThinkMarkets to offer its service in the Asian country.

ThinkMarkets made headlines earlier this year when it raised $30 million in fresh capital, provided by Mars Growth, a Liquidity Group and MUFG joint venture fund. Its UK business also launched a new prime brokerage unit under the brand Liquidity.net.

ThinkMarkets has recently launched a new prime brokerage unit under the brand Liquidity.net. ThinkMarkets expects its multi-asset offering to yield a potential market opportunity. For this purpose, it strengthened the dedicated institutional desk with prime broker partnerships alongside a white label product through MetaTrader 4, MetaTrader 5, and Integral platforms.

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