Exness is delighted to announce the appointment of Marko Jagustin as its new Head of Liquidity Provision (LP), with an overall responsibility to develop the firm’s B2B proposition.
In his new role, Marko will report to Damian Bunce, Exness’ Chief Trading Officer.
Exness operates one of the world’s largest privately held B2C market making businesses across all major assets in many markets around the world (in July alone, Exness announced record volumes of 980 Billion).
The company now seeks to establish its presence in a new client segment in more developed markets.
Exness has been making these preparations for some time, having completed its set up with a core tier 1 Prime Broker and capitalised its FCA regulated office in London.
Damian Bunce commented: “We have very ambitious plans in the SME segment, and believe now is a good time to step in as a strong and stable alternative provider.
Our Balance sheet, risk appetite, technology platform and our history of working with over 20,000 IB partners during the last decade give us the pedigree to succeed.”
Marko joins Exness from the finance firm Finalto (a wholly owned subsidiary of gaming giant Playtech Group) where he held the role of Chief Operating Officer, overseeing day to day trading and risk management for its B2B client base.
Prior to this, Marko spent 15 years in various trading leadership roles at Gain Capital, GFT and Alpha Capital Markets. Marko graduated from Aquinas College with a Bachelor of Science degree in International Business and then earned a Masters in Finance from London Business School.
Commenting on his appointment, Marko said: “I am delighted to join the Exness Group and thank Damian and the executive group for this tremendous opportunity.
I have been working in this segment for many years and I know exactly the demands of a successful B2B business.
I’m confident that with Exness backing, I can deliver the solutions that matter most to clients, and I look forward to forming my group over the coming months as we get this business underway”.