FAM Clearing, a joint venture between Advanced Markets Ltd and Fortex, Inc announced the appointment of Raphael Ribeaucourt as a Vice President of Institutional Sales, reporting directly to Natallia Hunik, Global Head of Sales at both companies.
“He will be expanding our business in the European region and worldwide, selling and promoting our excellent products”, Hunik told a reporter at The Industry Spread.
Joining FAM Clearing from PrimeXM, Ribeaucourt spent 8 years there as a Head of Business Development, being key to the company’s growth. At Baxter Financial Services, where he was Senior Sales Executive for more than four years prior to PrimeXM, he had a particular focus on North America, Europe, and Asia. There he trained new staff, headed front, middle, and back office management, and was responsible for trading FX with Institutional customers in both open outcry futures pits (FINEX & CME) and EFP’s via electronic trading platforms.
Having worked for over 12 years in key leadership roles in the financial services and technology industries, Ribeaucourt has a well-established track record that will prove to be invaluable to FAM Clearing’s ambition. He will leverage his knowledge to drive the company’ growth in Europe and beyond.
Raphael Ribeaucourt commented on the appointment: “It is a great pleasure and honor to join FAM Clearing. I have long respected their state of the art prime of prime services and pioneering technology and I’m very much looking forward to helping grow this business globally and exponentially.”
Natallia Hunik, Global Head of Sales at Advanced Markets and Fortex, Inc. “I am pleased to welcome Raphael to the FAM Clearing team. He joins us with the type of demonstrated business leadership experience that will help us in supporting our global growth trajectory. We know that Raphael’s contribution to the team will augment our continued goal of injecting full transparency into the financial markets and in bringing quality service to the margin FX space.”
Advanced Markets Ltd is a wholesale provider of liquidity, technology, and credit solutions to banks and brokers. The joint venture with leading FX ECN trading platform Fortex Inc enables the two companies to provide prime-of-prime (PoP) services and end-to-end trading technologies to a large number of FX market participants that are looking to establish a complete solution for credit and liquidity relationships. The JV extends access to the Prime of Prime service offering through locations in Boston, London, Tokyo, and Limassol.
Raphael Ribeaucourt is joining a rapidly growing senior leadership team of 15, led by Natallia Hunik, Global Head of Sales, and based in Charlotte, North Carolina.
