Alfa Capital Names Andrew Gibson Head of Institutional FX Sales
- Alfa Capital Holdings' choice of the institutional veteran may mean a new focus on Cyprus.
Alfa Capital Holdings, the Cyprus-based investment arm of the Alfa Banking group installed Andrew Gibson in March as Head of Institutional FX Sales.
Andrew Gibson Credit: LinkedIn
Gibson brings with him more than three decades of experience in the finance industry, with terms at major industry giants such as BCS Financial Group, Fastmatch, Tradair, and ABN Amro Clearing Bank NV.
Will Gibson Boost Cyprus's Profile?
Most recently, Gibson worked as an FX consultant for a Dutch agency called SGB BV, whose website caters to brokerages and exchanges seeking help with setting up platform technology, 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, banking services and regulatory compliance for successful launches into the European markets.
Does the Alfa Capital Holdings appointment signal a renewed emphasis on Cyprus as a soft point of entry into the European trading market, especially as a no-deal Brexit Brexit Brexit stands for British Exit, or in reference to the United Kingdom’s decision to formally leave the European Union (EU) as declared in a June 23, 2016 referendum. In a more immediate sense, a tight vote and unexpected result helped drive British pound (GBP) to lows that had not been seen in decades.The day following the referendum, former Prime Minister David Cameron resigned from office where he was replaced by Theresa May, who later resigned from office on June 7th, 2019. Active Prime Minis Brexit stands for British Exit, or in reference to the United Kingdom’s decision to formally leave the European Union (EU) as declared in a June 23, 2016 referendum. In a more immediate sense, a tight vote and unexpected result helped drive British pound (GBP) to lows that had not been seen in decades.The day following the referendum, former Prime Minister David Cameron resigned from office where he was replaced by Theresa May, who later resigned from office on June 7th, 2019. Active Prime Minis Read this Term comes closer to possibly pushing London from the throne it’s held so long?
Alfa Capital Holdings Moves to Institutional Sales
For its part, Alfa Capital Holdings must undoubtedly be hoping that Gibson can put the company on a positive track. Since May 2018, Alfa Capital Holdings has no longer been able to service Russian clients after the Bank of Russia began to review whether to give parent company Alpha Forex a professional forex dealer license.
This license was confirmed on December 20, 2018, and also saw a number of foreign companies losing their licenses. With declining openings in retail FX trading, it would make sense for Alfa Capital to seek out a veteran as head of institutional FX sales opportunities, especially one with the record of Andrew Gibson.
A Long-Term Appointment?
One question that the appointment brings to mind is whether this hire represents a long term shift in strategy, or if Gibson has been pulled in to form an initial template which will be fully implemented by another team in the future. Notably, since leaving a six-year position at ABN AMRO Bank N.V. in 2014, few of his subsequent roles lasted for more than a year, and many were only active for a few months.
Alfa Capital Holdings, the Cyprus-based investment arm of the Alfa Banking group installed Andrew Gibson in March as Head of Institutional FX Sales.
Andrew Gibson Credit: LinkedIn
Gibson brings with him more than three decades of experience in the finance industry, with terms at major industry giants such as BCS Financial Group, Fastmatch, Tradair, and ABN Amro Clearing Bank NV.
Will Gibson Boost Cyprus's Profile?
Most recently, Gibson worked as an FX consultant for a Dutch agency called SGB BV, whose website caters to brokerages and exchanges seeking help with setting up platform technology, 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, banking services and regulatory compliance for successful launches into the European markets.
Does the Alfa Capital Holdings appointment signal a renewed emphasis on Cyprus as a soft point of entry into the European trading market, especially as a no-deal Brexit Brexit Brexit stands for British Exit, or in reference to the United Kingdom’s decision to formally leave the European Union (EU) as declared in a June 23, 2016 referendum. In a more immediate sense, a tight vote and unexpected result helped drive British pound (GBP) to lows that had not been seen in decades.The day following the referendum, former Prime Minister David Cameron resigned from office where he was replaced by Theresa May, who later resigned from office on June 7th, 2019. Active Prime Minis Brexit stands for British Exit, or in reference to the United Kingdom’s decision to formally leave the European Union (EU) as declared in a June 23, 2016 referendum. In a more immediate sense, a tight vote and unexpected result helped drive British pound (GBP) to lows that had not been seen in decades.The day following the referendum, former Prime Minister David Cameron resigned from office where he was replaced by Theresa May, who later resigned from office on June 7th, 2019. Active Prime Minis Read this Term comes closer to possibly pushing London from the throne it’s held so long?
Alfa Capital Holdings Moves to Institutional Sales
For its part, Alfa Capital Holdings must undoubtedly be hoping that Gibson can put the company on a positive track. Since May 2018, Alfa Capital Holdings has no longer been able to service Russian clients after the Bank of Russia began to review whether to give parent company Alpha Forex a professional forex dealer license.
This license was confirmed on December 20, 2018, and also saw a number of foreign companies losing their licenses. With declining openings in retail FX trading, it would make sense for Alfa Capital to seek out a veteran as head of institutional FX sales opportunities, especially one with the record of Andrew Gibson.
A Long-Term Appointment?
One question that the appointment brings to mind is whether this hire represents a long term shift in strategy, or if Gibson has been pulled in to form an initial template which will be fully implemented by another team in the future. Notably, since leaving a six-year position at ABN AMRO Bank N.V. in 2014, few of his subsequent roles lasted for more than a year, and many were only active for a few months.