DMALINK, a provider of institutional FX trading services, has lured Malkeet Sokhi to join its board as a non-executive director, Finance Magnates has learned.
DMALINK’s latest hire represents one of the group’s most senior additions to date. Mr Sokhi brings two-decades of experience as well as a wide network of connections across financial markets, technical product knowledge, and management skillsets in addition to his industry insights.
Malkeet’s most recent executive role was leading the integration of the Mizuho Capital Markets derivatives trading business with Mizuho International Bank in EMEA. Additionally, he worked as a Program Manager at leading financial institutions, including Grant Thornton LLP and ANZ.
Malkeet held his most prominent role in the FX industry back in 2014 when he was appointed as a Program Manager for HSBC’s FX and FX options trading unit. In this role, he managed a large growth initiative across the UK lender’s FX Cash and FX options trading, algo trading and e-trading. Moreover, Mr Sokhi worked on the OTC derivatives review regulatory project to assess interest rate derivatives sold to retail corporate clients since 2002.
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Additional stops include leading strategy, risk management, and regulatory-compliance at a consulting firm, part of a career that dates back to 1998, mostly based in London.
DMALINK Clients Know Malkeet
Announcing his appointment, DMALINK founder, Michael Siwek said: “We are privileged to have many institutional and corporate clients transacting through DMALINK, primarily across our emerging markets pairs. Many of our asset management, hedge fund and banking clients in the US, EMEA and Asia already know or have heard of Malkeet and the response to his appointment has been fabulous. As we grow to the next phase, he is precisely the calibre of trusted advisor that we want to appoint.”
CEO, Manu Choudhary added: “Malkeet is a high-calibre appointee, who not only understands our business and industry very well but is also highly respected within it. Being a high growth fintech, we need no-nonsense advisers with deep knowledge, rather than trophy advisers from other industries who may not understand our USP and proposition. We have taken our time with this appointment, which forms part of our strategic business plan to strengthen the board – and Malkeet is precisely the type of candidate we wanted to secure with his trading background, technical cross-asset knowledge and the most senior markets consultancy experience across a multitude of high profile institutions.”
DMALINK provides an independent electronic trading venue and liquidity access for professional FX traders with particular focus on emerging currencies. The company has particular expertise in certain currencies which are often hard to source, including South African Rand, Mexican Peso, Czech Koruna, Polish Zloty, Hungarian Forint, and regular G7 pairs.