FXall, the world's leading electronic foreign exchange platform, today announced the appointment of two key hires.
Patrik Nagel joins as Head of Sales in Asia and Brian Benson joins as a Liquidity Manager based in New York.
The new appointments support FXall's strategic objectives in key growth areas. Nagel, based in Singapore, bolsters FXall's expanding footprint throughout the Asia Pacific region and builds on the recent opening of a Sydney office and the appointment of Jonathan Woodward as Head of Australia & New Zealand. Benson's focus is developing FXall's extensive active trader relationships and delivering the benefits FXall's Trading solutions to this sophisticated client segment. FXall has strengthened its already significant position in the active trading market with the recent launch of FXall Trading in response to changing market dynamics and demand from hedge funds, broker-dealers and CTAs.
Nagel joins from Saxo Bank where he held positions as Head of Institutional Sales for Asia Pacific in Singapore as well as Institutional Sales and Account Manager for Germany, Switzerland, Austria and the Netherlands. Prior to this Nagel gained extensive market experience as an FX spot trader for M.M. Warburg Bank & Co and in equity trading at private bank Joh. Berenberg, Gossler & Co. Bank in Hamburg. Nagel's experience within the active trader market makes him a natural fit for FXall's expanding Asian operations.
Benson joins FXall following seven years with Dresdner Kleinwort where he most recently held a position in eFX sales. Benson brings with him considerable market experience in the eFX and active trading space.
Phil Weisberg, Chief Executive Officer of FXall, commented: "FXall is committed to investing in meeting client needs in the most effective way for each customer segment. Both hires bring extensive experience to FXall that complements our existing expertise and supports ongoing growth within our target markets. With volume growth of over 16% across Asia in 2008, the region remains a significant focus for 2009 and Patririk's expertise is a welcome addition to our team in Singapore and in the region. We are also committed to investing in, and expanding, our offering to active traders and Brian's experience will prove invaluable in delivering FXall's market leading offering to this important and sophisticated client segment."