Advanced Markets, a leading institutional foreign exchange liquidity and prime-of-prime service provider, has announced the appointment of Sammy Christou as the firm’s new Chief Risk Officer.

This news follows recent investments by Mushegh Tovmasyan’s Forexify, private equity group Corbel Capital Partners and the hire of Samer Mourched to support the firm’s rapid expansion. The London based Mr. Christou spent the past four years as Head of Trading at Equiti Capital, the institutional B2B arm of the Equiti Group. (He had also previously worked at LCG, Gain Capital, and GFT Markets). Mr. Tovmasyan was previously a co-founder of the Equiti Group, and served as CEO of Equiti Capital before leaving the firm in 2019.

Anthony Brocco, Founder and CEO of the Advanced Markets group commented on the new hire saying:

“We are delighted to be welcoming Sammy Christou to Advanced Markets as our Chief Risk Officer. He has extensive experience in the Forex and CFD industry and brings us an innovative approach to quantitative eFX Trading that will further enhance the growth of our agency model.”

Sammy Christou, the group’s new Chief Risk Officer added:

“I’m extremely excited about being part of writing the next chapter of Advanced Market’s success story as we build towards the launch of our proprietary pricing engine. With longstanding institutional shareholders Macquarie Bank (ASX: MQG) and BGC Partners (NASDAQ: BCGP), the firm brings unique competitive advantages to the Prime of Prime space.“

Headquartered in Charlotte, North Carolina, Advanced Markets is a prime of prime broker offering wholesale services to institutional clients globally, providing technology access, trade execution and prime brokerage solutions directly to banks, hedge funds, commodity trading advisors, corporations and other institutional market participants. The firm offers direct market access trading in spot FX, precious metals, and contracts for differences (CFD) across financial and commodity products via various regulated entities globally.