Recently launched institutional liquidity provider BP Prime is growing its team with a new senior hire from OANDA. Marcos Tigsilema is joining the company after spending over three years as a senior sales manager in the London office of the Silicon Valley-headquartered retail FX pioneer.
Before joining OANDA, until October 2014, Mr Tigsilema worked as a senior broker and was responsible for corporate sales across the EMEA region at Alpari UK.
Tigsilema joins BP Prime at a key time for the firm, as it transitions into an institutional STP liquidity provider for forex, CFDs, and cryptocurrencies. In an increasingly competitive landscape, the company has taken on a new direction, choosing to build upon existing partnerships and focus on higher-value clients.
Rebranding from BlackpearlFX, the firm has already been actively expanding its teams in London and Shanghai to diversify its business geographically.
Commenting on his appointment, the new Head of Sales of BP PRIME said: “I firmly believe that BP PRIME’s core values of integrity, client satisfaction, innovation, and intellect will help us thrive in this ultra-competitive market.”
BP Prime has a FIX API setup, partnering with PrimeXM via XCore and is delivering its services worldwide via its FCA-regulated subsidiary Black Pearl Securities.
The company is also preparing to get to market a FIX API offering on cryptocurrency liquidity as demand for the product continues rapidly increasing. Bitcoin breached the all-important $10,000 mark yesterday, a move which causes additional excitement amongst crypto enthusiasts.