Industry veteran Mr. Michael Chen was recently named as Chief Executive Officer of CDG Global Group – a multinational financial service provider based out of Cyprus. The group is primarily known as an investment service provider which deals with industrial, financial investments and is also known for its online electronic trading products such as forex, index, precious metals, crude oil.
The move was first made public via changes made to Mr. Chen’s LinkedIn account and it also revealed that he is based out of the firm’s office in Jing’an District, Shanghai, China as he is the CEO of the entire CDG Global Group. While the update was made recently, as per information in his LinkedIn account, Mr. Chen took on the role of Chief Executive Officer for a multinational trading service provider back in the month of August and has been a part of the firm for three months now.
Prior to taking up his current role with CDG Global, he served as General Manager for FX88, another Cyprus based CySEC regulated online forex trading service provider. Chen served at FX88 for 15 months and was based out of the firm’s office located in Shanghai City, China. As General Manager at the firm, he was responsible for establishing the firm’s sales team and managing all teams in the firm’s China office.
During his leadership, the firm saw a 30%-50% better performance on a monthly basis which began in the second half of 2017 and continued steadily until his resignation from the firm in March of 2018. Mr. Chen has served entirely based out of Shanghai and was focused entirely on the forex industry in his thirteen-year long career span as per data in his LinkedIn profile.
Before his term at FX88, he served as Country Director of MTrading for more than a year. Prior to that, he served as Country Director and Chief Representative of Admiral Markets group for nine months. Other notable roles in his career include – Chief Representative of Easy Markets, Senior Account Executive at IFX Markets and Manager of Records Management Service for Crown Worldwide’s Shanghai office. Aside from the firm’s headquarters in Cyprus, the firm has licensed and regulated presence in St Vincent’s & Grenadines and Australia. The firm has more than 100000 active clients and 5000 active IB partners and has an annual turnover of more than US$13 Trillion.
Source:
https://www.linkedin.com/in/ifxmichaelchen/
https://www.financemagnates.com/executives/moves/cdg-global-names-michael-chen-as-group-ceo/
Karthik Subramanian
Karthik Subramanian has been a professional trader and fund manager over the last 18 years. He is basically a software developer who made the transition to financial domain around 18 years back as the attractiveness of the financial markets proved too much for him. He lives in Chennai in India along with his wife and son. He began his career as a software developer in 1999 and then gradually moved into the financial industry as he began trading stocks in his pastime. He then moved into the financial markets full time and then shifted his focus to the FX markets due to the liquid nature of these markets. Since then, he has been trading FX diligently and his favourite pair are the EURUSD and EURJPY. Over the last couple of years, he has found blockchain to be of high interest and considering his background in software and finance, he has since assembled a team of highly talented developers who have since worked on a variety of projects like crypto exchanges and blockchain architecturing. Now, he balances his time between trading and commenting on both the FX and crypto markets. He has worked with many publications including FX Street and Finance Magnates, which has helped him gain experience and also recognition across the industry. He loves to write and this passion has helped him to reach out across the FX and crypto industry. Right now, he works on his pet projects in the FX and crypto industry and spends his time writing and managing his blockchain team and helping it to reach higher.
