North American ECN Spotex has appointed institutional FX veteran John Cholakis as Head of eFX Sales & Liquidity this week.

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Mr. Cholakis joins Spotex following a two-and-a-half year tenure at Currensee, the social trading network which was recently purchased by OANDA. At Currensee, Mr. Cholakis held the position of Manager of Institutional Sales, preceded by sales positions at institutional names including Hotspot FX, the electronic foreign exchange division of KCG, a stint as VP of FX Trading at Mizuho Bank and six years as a trader at Credit Suisse.