Exness, a brokerage group operating in multiple markets, has announced the appointment of Damian Bunce, a well-known expert of electronic forex, as its new Chief Trading Officer.
The press release shared with Finance Magnates detailed that Bunce will focus on managing the market making and liquidity provider business, which will help the group to enhance its core brokerage function. His experience in all client segments and asset classes would significantly help the expanding broker.
Commenting on the new role, Bunce said: “I am very pleased to be joining a dynamic, high-tech, and ethical firm such as Exness and look forward to what we will achieve together in 2021 and beyond.”
“Leaders in the ultra-competitive market making and liquidity businesses define themselves with science, maths and high tech and Exness is at the forefront of that business model in many markets around the world.”
A Long and Impressive Career in FX
Bunce joined Exness from Saxo Bank and brought over 25 years of industry experience. He spent his last role as Saxo Bank’s Chief Commercial Officer, spending over a couple of years.
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Prior to that, he spent over six years at Sberbank and is known to be the architect of the Russian bank’s eFX platform, Sberbank Markets, which is one of the top liquidity providers of the Russian rubles.
His long and short stints also include roles in Barclays, Goldman Sachs and Barings.
“My career has always been at the intersection of finance and technology, the two fields which have made Exness the leading global multi-asset broker it is today. We share the same vision and the same values, and so it feels like a great opportunity at an exciting time for me personally and professionally,” Bunce added.
“We are delighted to welcome Damian on board and are confident that he will bring the kind of leadership and expertise which will complement our commitment to excellence,” Exness COO, Maria Fedorova, said. “Damian will play a major role in developing our core business and will help us reach our unique potential in the financial markets.”