FNG Exclusive… FNG has learned that Bermuda domiciled, offshore electronic trading venue 24 Exchange is continuing to expand both product-wise and geographically, with its latest move being the hiring of experienced derivatives broker and sales trader Cristian Arellano. Mr. Arellano will serve as the company’s VP Andean Market, charged with growing 24 Exchange’s business in South America.

Cristian Arellano, based in New York, has worked in brokerage and trading for nearly 20 years at firms including ICAP, Tullett Prebon, and BGC Partners. Most recently he was Senior Latam Derivatives Broker/Sales Trader at GFI Group.

Mr. Arellano posted the following on social media about his new employer and role:

I’m excited to announce that I will be joining 24 Exchange Bermuda LTD this May 20th as VP of Andean Market.
I want to thank Jason Woerz, Paul Millward, and Dmitri Galinov for their support and for helping me land here. I couldn’t be more excited to start this next chapter in my career to learn and grow in this role with 24 Exchange Bermuda LTD.

24 Exchange, technically based in Bermuda but managed from New York, is an offshore electronic trading venue founded by former FastMatch CEO Dmitri Galinov. The company offers a multi-asset class trading platform that allows market participants to exchange their exposures at the lowest possible cost. The company initially launched trading in FX NDFs, adding more recently FX spot and FX swaps trading.