FlexTrade Expands APAC Sales Team with Three Key Hires

The technology provider of order management systems (OMS) and multi-asset Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term solutions including across foreign Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term markets, FlexTrade Systems, today announced from its Singapore location three new appointments across Asia-Pacific for Vice President of Business Development positions.

“Considering the growth of electronic trading in the area, it became paramount for us to expand our sales presence with a more regional focus.”

According to the update, Tim Wong - who joins FlexTrade from TradingScreen – will be based in the company's Hong Kong office, and will focus across North Asia on the firm's execution management systems (EMS) offering for multi-asset sales in the region. Mr. Wong has more than ten years of experience in selling multi-asset trading solutions in Asia, after related positions with Bloomberg, and subsequently at his last role with TradingScreen for five years, before taking on the new role with FlexTrade.

Based in the company’s Singapore office, Maroof Khan will also focus on multi-asset EMS sales within South East Asia, and joins from Bloomberg LP where he spent two years selling related EMS products in Singapore, the Philippines and India, according to the FlexTrade press release. Prior to that role, Mr. Khan held multiple roles across Instinet’s global operations over a five-year period.

Dan Enstedt will help spearhead the establishment of the company’s business operations in Australia and New Zealand, and brings with him over ten years experience in the electronic trading space including in FinTech, with prior positions at SS&C technologies in Singapore, Dion Global Solutions in Sydney, and Neonet Securities in Europe.

Commenting in the company's press release, Manish Kedia, Managing Director of FlexTrade Systems' Singapore entity, said: “Considering the growth of electronic trading in the area, it became paramount for us to expand our sales presence with a more regional focus.”

“With Tim in North Asia, Maroof handling South East Asia and Dan covering Australia and New Zealand, FlexTrade is well positioned to improve our client services and support across the region,” Mr. Kedia added.