FAM Clearing, LLC, a joint venture between Fortex and Advanced Markets, announced today two new executive appointments. Satomi Toyoshima and Toshiaki Chiyoda are coming from CFH Clearing Japan, where they held the roles of Managing Director and Director of Sales respectively for the last two years.
Satomi Toyoshima has been appointed as Managing Director of Japan Operations. Mrs. Toyoshima brings more than six years of experience in institutional foreign exchange sector. Before joining FAM Clearing, LLC, Mrs. Toyoshima held senior management positions at CFH Systems Japan and Boston Technologies Japan where she was responsible for executing company’s strategy in Japan.
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Toshiaki Chiyoda, Head of Sales, Japan, brings more than 18 years of business leadership experience and a unique understanding of the complex Japanese FX environment. Mr. Chiyoda has been immersed in the Japanese FX market from retail FX sales to highly involved B2B FX arrangements. Mr. Chiyoda has held positions of leadership at CFH Systems Japan, Boston Technologies Japan, Yasuda Kasai Kaijyo Insurance Inc. and Gaitame Online.
They commented on the move: “Advanced Markets and Fortex have established themselves as market leaders in FX Technology and FX Prime of Prime space and offer many benefits to Japanese companies by improving its execution performance, quality of fills and offering new trading interfaces. We are very excited to join a company that has superior technology and liquidity offerings, is growing exponentially and has a great acceptance by clients. We are looking forward to leveraging our industry expertise to expand the company’s global presence.”