Price Markets UK Appoints David Hastings as Managing Director
- The industry veteran joins the firm after working as a consultant for nearly two years
Finance Magnates can confirm that David Hastings has been appointed as Managing Director at Price Markets UK. According to Hastings’ LinkedIn, the industry veteran joined the FX prime brokerage and infrastructure service provider this May.
Hastings joins Price Markets from Whispers FX where he was a director since January of 2017. Whispers FX is an FX consultancy that enables financial technology firms to outsource their sales and marketing efforts.
Having worked for Shell as a treasury consultant, Hastings earned his stripes in the FX industry working for Lava Trading as Head of Relationship Management in the early 2000s. He then spent several years with State Street Global Markets, working on global strategic relationships.
An experienced hand
Between 2009 and 2011, Hastings worked as the Global Head of FX sales for FlexTrade, a provider of Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term and order management systems for a number of financial instruments. During his time with the firm, he worked on white label FX products and software solutions.
More recently, Hastings was the interim-CEO of BT Prime. He was responsible for sales and operations strategy for the UK and acted as the firm’s representative to the Financial Services Authority, a UK judicial body that ceased to exist in 2013. Luckily for Hastings, he left before the firm entered into insolvency as a result of trading in the Swiss Franc.
Outside of the industry, Hastings was a local councilor for the London borough of Bromley, where he worked on the environment. He also worked as a liaison with the ACI UK Financial Markets Association, collecting and disseminating information related to FX industry Regulation Regulation Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Read this Term.
Finance Magnates can confirm that David Hastings has been appointed as Managing Director at Price Markets UK. According to Hastings’ LinkedIn, the industry veteran joined the FX prime brokerage and infrastructure service provider this May.
Hastings joins Price Markets from Whispers FX where he was a director since January of 2017. Whispers FX is an FX consultancy that enables financial technology firms to outsource their sales and marketing efforts.
Having worked for Shell as a treasury consultant, Hastings earned his stripes in the FX industry working for Lava Trading as Head of Relationship Management in the early 2000s. He then spent several years with State Street Global Markets, working on global strategic relationships.
An experienced hand
Between 2009 and 2011, Hastings worked as the Global Head of FX sales for FlexTrade, a provider of Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term and order management systems for a number of financial instruments. During his time with the firm, he worked on white label FX products and software solutions.
More recently, Hastings was the interim-CEO of BT Prime. He was responsible for sales and operations strategy for the UK and acted as the firm’s representative to the Financial Services Authority, a UK judicial body that ceased to exist in 2013. Luckily for Hastings, he left before the firm entered into insolvency as a result of trading in the Swiss Franc.
Outside of the industry, Hastings was a local councilor for the London borough of Bromley, where he worked on the environment. He also worked as a liaison with the ACI UK Financial Markets Association, collecting and disseminating information related to FX industry Regulation Regulation Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Read this Term.