Nidal Abdelhadi Appointed as Managing Director of Advanced Markets and Fortex
- Abdelhadi will lead the company’s expansion efforts in the Middle East region
One of the leading prime of prime providers the industry, Advanced Markets has made a new appointment to its team. The firm has hired Nidal Abdelhadi as Managing Director of Middle East and North Africa (MENA) operations and business development. He will also hold the same position at Fortex, an FX technology company that is closely connected to Advanced Markets’ business.
The new hire comes after Nidal Abdelhadi has worked at Swissquote for three years, with a brief pause when he took an executive role at Fortress Prime, before the company was phased out.
While at Swissquote, Abdelhadi held the role of Head of Institutional Sales. Before joining the company, he served as Head of Institutional Sales with MIG Bank. The industry veteran will be in charge of driving growth in the MENA region.
Nidal Abldelhadi, Advanced Markets & Fortex Managing Director, Photo: LinkedIn
Commenting on the announcement, the Global Head of Sales at Advanced Markets and Fortex Inc Natallia Hunik said, “Our latest hire signals a significant expansion for Advanced Markets and Fortex, as the firm continues to grow its global senior leadership team. The FX market in MENA is experiencing rapid growth and there is an increasing demand for a reputable counterparty, one that can deliver true STP (straight through processing) access to the interbank market via reliable and robust technology.”
"Nidal has a track record of success and a detailed understanding of the institutional FX sector. Adding this new role is vital for Advanced Markets and Fortex as we continue our ambitious plans to further expand into international markets, by pioneering real FX “Prime of Prime” services and promoting transparency and fair OTC FX execution", Hunik elaborated.
Commenting on his appointment, Nidal Abdelhadi stated, “The demand for world-class institutional service, and stable and advanced technology that meets the needs of Banks, Brokers and corporate asset managers alike, is increasing worldwide. I believe that by combining the truly competitive prime Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term and Market Depth Market Depth Market Depth is a characteristic of a given market and its ability to handle large order sizes without materially affecting the price of the underlying asset or currency pair. Broad-based definitions of market depth characterize it as a function of liquidity and trading volume.In its most simplistic sense, market depth reflects a real-time list displaying the quantity to be sold versus unit price. This in turn is organized by price level and is reflective of real-time market activity. In theory, Market Depth is a characteristic of a given market and its ability to handle large order sizes without materially affecting the price of the underlying asset or currency pair. Broad-based definitions of market depth characterize it as a function of liquidity and trading volume.In its most simplistic sense, market depth reflects a real-time list displaying the quantity to be sold versus unit price. This in turn is organized by price level and is reflective of real-time market activity. In theory, Read this Term of Advanced Markets and the state-of-the-art technology of Fortex we have created the optimal environment for Institutional clients , one that ensures both best execution and stable connectivity”.
One of the leading prime of prime providers the industry, Advanced Markets has made a new appointment to its team. The firm has hired Nidal Abdelhadi as Managing Director of Middle East and North Africa (MENA) operations and business development. He will also hold the same position at Fortex, an FX technology company that is closely connected to Advanced Markets’ business.
The new hire comes after Nidal Abdelhadi has worked at Swissquote for three years, with a brief pause when he took an executive role at Fortress Prime, before the company was phased out.
While at Swissquote, Abdelhadi held the role of Head of Institutional Sales. Before joining the company, he served as Head of Institutional Sales with MIG Bank. The industry veteran will be in charge of driving growth in the MENA region.
Nidal Abldelhadi, Advanced Markets & Fortex Managing Director, Photo: LinkedIn
Commenting on the announcement, the Global Head of Sales at Advanced Markets and Fortex Inc Natallia Hunik said, “Our latest hire signals a significant expansion for Advanced Markets and Fortex, as the firm continues to grow its global senior leadership team. The FX market in MENA is experiencing rapid growth and there is an increasing demand for a reputable counterparty, one that can deliver true STP (straight through processing) access to the interbank market via reliable and robust technology.”
"Nidal has a track record of success and a detailed understanding of the institutional FX sector. Adding this new role is vital for Advanced Markets and Fortex as we continue our ambitious plans to further expand into international markets, by pioneering real FX “Prime of Prime” services and promoting transparency and fair OTC FX execution", Hunik elaborated.
Commenting on his appointment, Nidal Abdelhadi stated, “The demand for world-class institutional service, and stable and advanced technology that meets the needs of Banks, Brokers and corporate asset managers alike, is increasing worldwide. I believe that by combining the truly competitive prime Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term and Market Depth Market Depth Market Depth is a characteristic of a given market and its ability to handle large order sizes without materially affecting the price of the underlying asset or currency pair. Broad-based definitions of market depth characterize it as a function of liquidity and trading volume.In its most simplistic sense, market depth reflects a real-time list displaying the quantity to be sold versus unit price. This in turn is organized by price level and is reflective of real-time market activity. In theory, Market Depth is a characteristic of a given market and its ability to handle large order sizes without materially affecting the price of the underlying asset or currency pair. Broad-based definitions of market depth characterize it as a function of liquidity and trading volume.In its most simplistic sense, market depth reflects a real-time list displaying the quantity to be sold versus unit price. This in turn is organized by price level and is reflective of real-time market activity. In theory, Read this Term of Advanced Markets and the state-of-the-art technology of Fortex we have created the optimal environment for Institutional clients , one that ensures both best execution and stable connectivity”.