FNG Exclusive… FNG has learned that longtime Valutrades executive Samin Aref Zaher has left the company and moved SGX CurrencyNode, as Liquidity Manager.

Launched in 2022 by Singapore’s SGX Group, SGX CurrencyNode seeks to become a leading anonymous Asian FX trading venue hosted in the SG1 data centre, connecting participants to deep and unique sources of liquidity, especially in Asian emerging markets currencies. SGX CurrencyNode operates under SGX FX Markets Pte. Ltd. which is a Recognised Market Operator (RMO) in Singapore. It offers clients a trading venue to execute transactions in spot-settled foreign exchange, spot-settled precious metals and foreign exchange non-deliverable forwards.

Samin Aref Zaher had been with London based Retail FX and CFDs broker Valutrades since 2019, joining initially in Operations before being named the broker’s Head of Dealing last year. We had reported back in June that Valutrades was cutting payroll and is in the process of completing a round of redundancies in its London office, as the company looks to reduce costs.