Breaking: MahiFX On-Boards Nick Mortimer as its Head of Retail Sales

MahiFX has expanded its team with a new senior hire, adding veteran Nick Mortimer to the company in the newly expanded role of Head of Retail Sales with immediate effect, Finance Magnates has learned.

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Mr. Mortimer joins MahiFX’s rapidly growing retail division – as its Head of Retail Sales he will be tasked with overseeing and culturing the development of its retail capabilities, which also will look to capture benefits and growth for its institutional clients as well.

He joins MahiFX boasting over two decades of experience across the financial services industry, and comes over from CFH Clearing Clearing Clearing is a general term that simply means many different things depending on the subject and related industry. Most commonly, this refers to the reciprocal exchange between banks of checks and drafts, and the settlement of the differences, or the total of claims settled at a clearinghouse. In finance and banking, the word clearing has different meanings depending on the more specific business model. Moving checks from the bank where they were deposited to the bank on which they were drawn. Th Clearing is a general term that simply means many different things depending on the subject and related industry. Most commonly, this refers to the reciprocal exchange between banks of checks and drafts, and the settlement of the differences, or the total of claims settled at a clearinghouse. In finance and banking, the word clearing has different meanings depending on the more specific business model. Moving checks from the bank where they were deposited to the bank on which they were drawn. Th Read this Term in London. In this capacity, he worked as its Head of Prime Brokerage and Clearing for over five years, dating back to 2011. Additional stops also include senior roles at Marex Financial, ACM Advanced Currency Markets S.A. Geneva, and ABN AMRO Bank, according to information made public on his Linkedin profile.

According to David Cooney, CEO of MahiFX, in a recent statement on the appointment: "We’re delighted to have Nick on board with us at MahiFX. With such an impressive track record in the industry, I’m more than confident that he’ll be as successful here as he has been in previous roles.”

“During a time of such monumental change, it is our aim to keep our clients ahead of the game with the best technology and security possible. By welcoming Nick on board and maintaining strong business partnerships we are able to ensure that we can achieve this,” he added.

“With FX evolving more rapidly than ever, it is an exciting time to be a part of the industry. However, with these changes come new challenges and I firmly believe that MahiFX have the insight and knowledge to overcome them,” noted Mr. Mortimer in an accompanying statement.

The appointment of Mr. Mortimer is the first major hire at MahiFX since the group secured the former Morgan Stanley Head of e-FX Europe Guy Hopkins to head the company’s sales of its MFX Vector platform back in April.