Multi-asset brokerage Tradeview Markets this month has seen the departure of Ricardo A. Grados, the group’s vice president of sales and trading. The decision will see Grados part ways with Tradeview after nearly a three-year stint, as he leaves the world of mainstream investment for the virtual world of cryptocurrencies.
Grados is now leading a relative newcomer to the blockchain industry under the brand Forex Coin, which is looking to use Bitcoin’s underlying technology to streamline certain investment activities such as the social trading and asset management.
The company is not a trading platform or an exchange. Rather, it plans to provide fund management and other financial solutions that it says will improve the investment process by making it faster, cheaper and more secure.
Grados is not sharing inside details on the new company just yet, but just like a number of crypto-related start-ups that have cropped up recently, Forex Coin is not regulated in any specific jurisdiction.
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He shares more of his interest around cryptocurrency in LinkedIn posts, pointing out the opportunities that exist within the blockchain, adding that the technology is needed to disrupt diverse industries, including his field of expertise.
Grados has been deeply involved in the derivatives industry since 2005 when he started his career. His 13 years in the industry include senior positions at Soros Fund Management (Quantum), Barclays Capital Systems, and New York-based BBVA Securities.
Prior to joining Tradeview in 2016, Grados worked as head of Business Development and FX Trading at Monaco Private Capital Corp. This appointment followed his departure from the FCA-regulated FX and CFDs broker City Credit Capital, where he served as Introducing Broker and Head of Sales-Peru for nearly two years.
Grados’s departure comes amidst a transition period at Tradeview which saw a number of executive reshuffles and new projects in recent months.