FX Veteran, Beat Nussbaumer Lands at Forte Securities

One of the foreign Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term (FX) industry’s most influential institutional players, Beat Nussbaumer, has joined Forte Securities FX LLP, a provider of Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term and prime brokerage services, who brings his skills and expertise to the London-based group, Finance Magnates has learned.

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Forte Securities is a PB service provider that caters to small, mid-sized and institutional clients. Mr. Nussbaumer originally joined the group back in March 2016 and steps into a new role with Forte Securities FX unit after holding senior-level positions at various lenders and institutional FX venues worldwide. In his new role he will be based out of London – Forte Securities confirmed the hire to Finance Magnates.

Veteran Addition

Mr. Nussbaumer has served at a number of different stops, including most recently at Bank of America (BofA) Merrill Lynch back in May 2015. In this capacity he worked at the group for only two months, despite joining in March 2015.

Mr. Nussbaumer has been a veteran in the FX industry for over three decades, having worked at a number of leading banks. He joined Commerzbank AG in 2012, where he worked as its Managing Director and Global Head of FX Spot, during which he worked out of London during the duration of his tenure there.

Additional positions also include executive roles at UniCredit, where he served as the Managing Director, European Head of FX Cash as well as Goldman Sachs, Morgan Stanley and Union Bank of Switzerland (UBS) in other FX and trading related roles, dating back to 1984, according to information made public on his Linkedin profile.