In a move to strengthen its institutional business services, FXCM Group has promoted Mario Luis Sánchez-Wandemberg to Global Head of FXCM Pro Sales. The move happened last Friday shows the company’s recommitting efforts towards its institutional businesses.
Sánchez-Wandemberg has been also appointed as Managing Director after spending over seven years with FXCM from 2011, where he held various sales based positions. Sánchez-Wandemberg played a key role in the growth of the FXCM Pro. He has over 15 years of extensive experience in the brokerage industry focusing on the institutional segment. Before joining FXCM, he was working with CMC Markets in the institutional sales division.
FXCM Pro is the institutional arm of the FXCM group and is preparing to roll out new features to the services. Commenting on the company’s move, the CCO of FXCM Group, Siju Daniel, stated:
“I am confident that our revamped product suite along with our seasoned executives including Mario, Mohammed Khan, Managing Director of FXCM Pro Operations and Client Services and Justin Boulton, Managing Director, FXCM Prime, will continue to grow FXCM’s institutional department. We look forward to making additional announcements and enhancements to our institutional offering in the coming weeks.”
Malta Digital Exchange Appoints Saxo Bank Executive to its Board
Malta Digital Exchange, a security token platform has tapped Chris Truce, Saxo Bank’s Fintech Head as its Non-Executive Director of MDX’s Board of Directors. The appointment comes just a month before its the exchange’s official launch.
Truce is working with Saxo Bank for over 12 years and has worked in multiple roles including Director of Platform Development, Head of B2B/API business and Head of Institutional sales in North America. Most recently he has served as Global Head of Fintech, and was responsible for developing Saxo’s OpenAPI.
Chris Truce joins Malta Digital Exchange immediate effectively and will retain his position with Saxo Bank.
Malta Digital Exchange plans to launch institutional grade security token exchange next month and will be applying for a license from the MFSA. MDX issued a statement on the appointment of Chris Truce as Non-Executive Director to the company’s board:
“We are very privileged and fortunate to have someone of Chris’s skills and experience join the board of Malta Digital Exchange. Chris’s extensive experience in financial services, coupled with his in-depth knowledge and understanding of the Fintech space will help drive MDX to the forefront of security token exchanges globally.”
Chris Truce added:
“It is incredibly exciting to be a part of such an innovative company at the heart of the Fintech revolution. I’m looking forward to being able to provide key strategic advice on how to harness new technologies and innovate incumbent operating models. I expect MDX to be able to drive unparalleled efficiency gains and cost savings in the securities industry, ultimately putting value back in the hands of the investor.”
