Alan Scott Joins 24 Exchange as Managing Director EMEA
- He worked in senior positions at Integral and 360T earlier in his career
24 Exchange Bermuda, an electronic communication network for over-the-counter products, has added Alan Scott as Managing Director EMEA earlier this month, according to market sources.
Previously, Scott was CEO and Founder of SmartMoney, a start-up focused on bridging the divide between crypto and FX.
He also worked at Integral earlier, where he served as a managing director, leading the deployment of enterprise solutions across client segments. Additionally, he was responsible for managing and deepening Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term provider relationships globally.
Before that, Scott held a role as global head of product and liquidity development at 360T for more than three years and was the founder and president of Velsys in 2003, an e-commerce trading firm that built software for pricing, execution, and post-trade processing of FX transactions.
His career started as a software engineer at Olivetti in 1981, where he developed an on-line teller terminal software.
24 Exchange created a unique model, where Standard Chartered Bank operates as a central dealer, which addresses major challenges in the NDF markets. These include fragmented liquidity due to jurisdiction, high transaction cost, information segregation, and inefficient collateral management.
Standard Chartered Bank acts as a liquidity provider, liquidity taker, Prime Broker Prime Broker Prime brokers are the designation given to individuals handling a package of services offered by investment banks, wealth management firms, and securities dealers to hedge funds which need the ability to borrow securities and cash in order to be able to invest on a netted basis and achieve an absolute return.There are two types of prime brokers - bank and non-bank corporations. Traditionally major global investment banks have been the predominant players in the space, however recent years have p Prime brokers are the designation given to individuals handling a package of services offered by investment banks, wealth management firms, and securities dealers to hedge funds which need the ability to borrow securities and cash in order to be able to invest on a netted basis and achieve an absolute return.There are two types of prime brokers - bank and non-bank corporations. Traditionally major global investment banks have been the predominant players in the space, however recent years have p Read this Term as well as a central dealer. Standard Chartered Bank is a strategic investor in 24 Exchange.
24 Exchange Bermuda, an electronic communication network for over-the-counter products, has added Alan Scott as Managing Director EMEA earlier this month, according to market sources.
Previously, Scott was CEO and Founder of SmartMoney, a start-up focused on bridging the divide between crypto and FX.
He also worked at Integral earlier, where he served as a managing director, leading the deployment of enterprise solutions across client segments. Additionally, he was responsible for managing and deepening Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term provider relationships globally.
Before that, Scott held a role as global head of product and liquidity development at 360T for more than three years and was the founder and president of Velsys in 2003, an e-commerce trading firm that built software for pricing, execution, and post-trade processing of FX transactions.
His career started as a software engineer at Olivetti in 1981, where he developed an on-line teller terminal software.
24 Exchange created a unique model, where Standard Chartered Bank operates as a central dealer, which addresses major challenges in the NDF markets. These include fragmented liquidity due to jurisdiction, high transaction cost, information segregation, and inefficient collateral management.
Standard Chartered Bank acts as a liquidity provider, liquidity taker, Prime Broker Prime Broker Prime brokers are the designation given to individuals handling a package of services offered by investment banks, wealth management firms, and securities dealers to hedge funds which need the ability to borrow securities and cash in order to be able to invest on a netted basis and achieve an absolute return.There are two types of prime brokers - bank and non-bank corporations. Traditionally major global investment banks have been the predominant players in the space, however recent years have p Prime brokers are the designation given to individuals handling a package of services offered by investment banks, wealth management firms, and securities dealers to hedge funds which need the ability to borrow securities and cash in order to be able to invest on a netted basis and achieve an absolute return.There are two types of prime brokers - bank and non-bank corporations. Traditionally major global investment banks have been the predominant players in the space, however recent years have p Read this Term as well as a central dealer. Standard Chartered Bank is a strategic investor in 24 Exchange.