FXall Press Release
FXALL STRENGTHENS GLOBAL CAPABILITIES WITH 22 NEW HIRES
June 13 2007 - FXall today announces that it has hired 22 professionals across its Sales, Customer Services, Technology, and Regional Management groups in New York, London, Singapore, Boston and Tokyo. This includes three senior appointments to its management team, including Minor Huffman as Chief Technology Officer, Jim Kwiatkowski as Head of Sales, Americas and Asoka Markandu as General Manager for FXall in Asia.
Phil Weisberg, CEO of FXall, commented "The success of our business and our desire to expand our product offerings and further enhance our levels of client service means that we are able to hire a wide range of individuals globally at all levels within the organisation. 2007 has been a great year so far, both in terms of our leading relationship-trading platform and the launch of Accelor. I am delighted that we have added these talented individuals to our team, expanding our capability to deliver leading services to our clients. They bring a wealth of experience to FXall, and will support further expansion of our offering to current and new clients".
Minor Huffman in his role as CTO is responsible for the design, implementation and operations of FXall's leading technology platforms. This includes Accelor, the foreign exchange ECN for all professional market participants which was launched in Q1 2007. Minor joins from Citigroup, where he was a Director and Head of Technology for equity options market making, order routing and trading. He has 17 years designing, building and operating trading, risk and e-commerce technology in the financial services industry. Minor previously worked at JP Morgan and has a Bachelor of Science degree in Computer Science from the MIT, and an MBA degree in Finance and International Business from New York University Stern School of Business.
Jim Kwiatkowski is responsible for the distribution of FXall's products in the Americas, both directly and through partnerships with third parties. Jim joins from FutureTrade, an electronic trading platform, where he led the global sales, services and marketing functions Previously he worked in financial technology at Bridge and Reuters. He has a Bachelor of Science degree in Electrical Engineering from The Columbia University School of Engineering and Applied Science and an MBA degree in Finance and International Business from New York University Stern School of Business.
Asoka Markandu has overall responsibility for FXall's operations in Asia, working closely with the Singapore and Tokyo offices to drive sales and distribution across the region. Asoka joins FXall from Reuters Asia, where he was in a variety of sales, marketing, and product management roles in Singapore and Mumbai. He also worked at Citibank and Andersen Consulting. Asoka has an undergraduate degree from the National University of Singapore where he achieved Honors in Economics. He completed his post-graduate studies (MSc) at the University of Manchester, Institute of Science and Technology (UMIST) on the back of a Raffles scholarship from the British Council.
About FXall
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FXall is the leading provider of automated trading and workflow solutions for FX and treasury, offering trade execution, workflow tools, control and compliance and straight-through processing. By combining streamlined workflow, competitive FX prices and a complete audit trail, FXall delivers improved control and cost savings at every stage of the deal lifecycle.
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FXall provides customers with the ability to meet best practice guidelines prescribed by regulatory bodies - for more information visit: http://www.fxall.com/about/BestPracticeFX.pdf
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FXall is an independent company with offices in New York, London, Boston, Tokyo and Singapore.
FXall's services are not intended for, and are not available to, private customers, and are not intended for distribution into any jurisdiction where such distribution is restricted by law or regulation. FXall's services do not constitute investment advice or an advertisement, offer, or solicitation of an offer, for the purchase or sale of any investment, securities or other property, or a representation that any investment, security or other property is suitable for any person.
FXall may act through FX Alliance, LLC (a Delaware, USA limited liability company), FX Alliance Limited (regulated by the Financial Services Authority), FX Alliance International, LLC (ARBN 097 253 640, a Delaware, USA company, members' liability limited).
FXall, FXall Trading, Accelor, Accelorate, Settlement Center, Market Insight, QuickConnect, QuickFill, QuickOMS, QuickTrade and all associated logos are the trademarks of FX Alliance LLC.
For more information on FXall, visit www.fxall.com.
For more information on Accelor, visit www.accelortrading.com.
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For further information, please contact:
FXall
Telephone: +44 20 7173 9600
info@fxall.com
Alex Clelland
Penrose Financial
Telephone: +44 20 7786 4866
Mobile: +44 7841 293952
alexc@penrose.co.uk
Nick Bone
Penrose Financial
Telephone: +44 20 7786 4878
Mobile: +44 7909 521293
nickb@penrose.co.uk
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