VAKT, blockchain commodities trading platform has appointed Etienne Amic as its Chief Executive Officer (CEO).
Amic has been leading commodities trading division of many leading banks and financial institutes. He joins VAKT from CommodiTech Ventures, a commodities technology investment fund based in London, which he co-founded in October 2017. Alongside, he was also working as Chairman of Vortexa, a cargo tracking and analytics company which he co-founded.
Amic has also worked with JPMorgan Chase as its Managing Director in its commodity trading division. He joined JPMorgan Chase in 2007 when his previous company Bear Stearns was acquired by the investment banking firm.
VAKT is a three-month-old startup and has already received investment from commodities giant like Shell, BP, and Equinor. While commenting on his appointment as a CEO of VAKT, Etienne Amic said:
“I was aware of VAKT from the start, but what impressed me was the success the company has had as a creation by a consortium of traders. To have such prestigious companies pulling in the same direction – many of them, competitors – tells you this is something very powerful that the industry really needs.”
eToro Adds Former TradeStation CEO Salomon Sredini as its Senior Advisor
Retail trading firm, eToro has announced the appointment of Salomon Sredini as the Senior Advisor and has also been appointed in the company’s Board.
Sredini’s primary role will be to strengthen the company’s presence in the US markets which has been battling much regulatory uncertainty and stiff compliance rules. eToro is not into providing forex and equities trading service in the US, but rather is focusing on offering cryptocurrency trading services to US citizens.
Sredini has a long career in TradeStation from 1996, and eventually became the President and Chief Executive Officer. He led the firm’s sale to Japan’s Monex Group for $411 million and had left the company role as CEO and President in 2016. Afterward, he has continued to remain in the firm as Senior Advisor.