Advanced Markets Hires Samer Mourched as Bermuda CEO

Samer Mourched, who left Accuindex in early 2021, has joined Advanced Markets as the Chief Executive of the prime of prime broker’s newly established Bermuda entity.

According to the press release shared with Finance Magnates, Mourched will lead the group’s emerging markets strategy. He will expand on the broker’s product and market reach within developing regions.

Commenting on the new role, Mourched said: “I’m extremely excited about joining Advanced Markets for the next phase of the broker's growth journey and supporting the firm’s expansion into new markets alongside its team of notable industry leaders.”

An Industry Expert

He has a solid background in the financial industry, let it be Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term or crypto. Over the past 15 years of his career, he has led several other companies and has been focusing on business operations, digital infrastructure, Risk Management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term and compliance within the online trading industry.

He joined Advanced Markets from Accuindex, where he spent a short stint of only three months as the broker’s Chief Executive Officer. Before that, he was the CEO of Pangea Exchange, an Estonia-based decentralized fiat/crypto exchange that he also co-founded.

His most prominent role in the brokerage industry had been at MultiBank Group, where he was the CEO from the end of 2013 until June 2016. Further, he was the Head of Sales & Satellite Offices at Alpari ME DMCC. Moreover, he had stints at Swissquote and BCC Business Consulting Center.

“Samer Mourched is a longstanding industry veteran. With over a decade of experience in the financial services industry he is the perfect fit for this role and is an invaluable asset to the firm in executing our next level of global expansion plans,” said Anthony Brocco, Founder and CEO of the Advanced Markets group.

“We are well established in many markets including the US, Europe and the APAC region, so adding Emerging Markets to our strategy is a natural progression toward becoming the leading broker in the foreign exchange and CFD trading industry.”