Exclusive: Marco Baggioli Joins M-DAQ Global in a Senior Role
- The Singapore-based startup supported by Alibaba is the new home for the veteran FX industry executives
One of the most-respected FX industry executives, Marco Baggioli, has taken on his next challenge. After taking a short break from active duty when he left ADSS in December 2017, he is joining an innovative fintech startup based in Singapore.
Earlier today Baggioli updated his LinkedIn profile to include his new position at M-DAQ Global. He will be the firm’s General Manager of Business Development and Chief of Staff. Baggioli will be based at the CEO’s Office in Singapore.
Throughout his career, Baggioli was instrumental in the development of the FX prime brokering operation of BNP Paribas, among others. Throughout the years he held a variety of senior roles at Deutsche Bank, JP Morgan, Merrill Lynch, and others.
During his most recent stint in the industry, Marco Baggioli was the Chief Operating Officer of ADSS London and later the Group’s COO in the company’s office in Abu Dhabi.
M-DAQ’s Challenge
The challenge which M-DAQ is taking on has attracted none other, but the venture capital arm of Alibaba, Ant Financial. The company is aiming to bridge the gap between businesses and capital markets to enable pricing and trading of exchange-traded products in multiple currencies.
One of the main challenges for the company is to blend executable FX rates with equities and futures contracts. With its platform, M-DAQ enables Securities Exchanges to go multi-currency without significant changes to systems and back-end processes, with low start-up and running costs.
With both static or dynamic lock-in FX rates to price foreign goods in local currencies, the company reduces FX risk. The firm also has a proprietary FX Benchmark which aims to eliminate any prospective FX rates manipulation and front-running from banks. The company’s price-sourcing algorithm determines the equilibrium between supply and demand.
M-DAQ also has a Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term product for e-commerce called Aladdin and a cross-border Payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term solution called Hulk Pay.
One of the most-respected FX industry executives, Marco Baggioli, has taken on his next challenge. After taking a short break from active duty when he left ADSS in December 2017, he is joining an innovative fintech startup based in Singapore.
Earlier today Baggioli updated his LinkedIn profile to include his new position at M-DAQ Global. He will be the firm’s General Manager of Business Development and Chief of Staff. Baggioli will be based at the CEO’s Office in Singapore.
Throughout his career, Baggioli was instrumental in the development of the FX prime brokering operation of BNP Paribas, among others. Throughout the years he held a variety of senior roles at Deutsche Bank, JP Morgan, Merrill Lynch, and others.
During his most recent stint in the industry, Marco Baggioli was the Chief Operating Officer of ADSS London and later the Group’s COO in the company’s office in Abu Dhabi.
M-DAQ’s Challenge
The challenge which M-DAQ is taking on has attracted none other, but the venture capital arm of Alibaba, Ant Financial. The company is aiming to bridge the gap between businesses and capital markets to enable pricing and trading of exchange-traded products in multiple currencies.
One of the main challenges for the company is to blend executable FX rates with equities and futures contracts. With its platform, M-DAQ enables Securities Exchanges to go multi-currency without significant changes to systems and back-end processes, with low start-up and running costs.
With both static or dynamic lock-in FX rates to price foreign goods in local currencies, the company reduces FX risk. The firm also has a proprietary FX Benchmark which aims to eliminate any prospective FX rates manipulation and front-running from banks. The company’s price-sourcing algorithm determines the equilibrium between supply and demand.
M-DAQ also has a Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term product for e-commerce called Aladdin and a cross-border Payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term solution called Hulk Pay.