Fortex, an electronic communication network (ECN) trading platform, has announced that Jason Young has joined the company as Executive Vice President and Head of Deliverable FX.
Young joins Fortex from Bank of Tokyo Mitsubishi in New York where he was a Vice President of eFX. Prior to joining the bank he held multiple roles at 360T, where he was a lead driver of the firm’s growth across the Americas.
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Young, who will be based out of the company headquarters in California, will work to build the company’s institutional FX ECN business and expand the existing offering to cater to a new client segment. He will also manage liquidity provider relationships.
Speaking about the new appointment, CEO and co-founder of Fortex Daniel Chen said: “Jason brings to us a wide range of institutional expertise and experience in driving growth. We expect him to be a key player on our team to execute our growth strategy.”
Fortex is a leading ECN platform, with up to $12 billion of daily volume in currency, metals, energy and CFD trades. Traders, broker dealers, market makers, money managers, banks, hedge funds, and investors around the world rely on the company’s Fortex 6 platform, cloud infrastructure and middleware solutions to facilitate trade execution and support sophisticated trading strategies. The firm recently entered into a joint venture with Advanced Markets to offer a complete turnkey FX brokerage solution, as reported by Finance Magnates.