Author: David Kimberley

In October 2023, Hormoz Faryar joined ATFX as the Managing Director of Institutional Sales inMENA. With over 23 years of invaluable experience in FX trading and sales, Hormoz brings awealth of knowledge and expertise to his new role. Today, Hormoz will share insights into theopportunities in the MENA region and how he will help expand the brand in upcoming projects. Hi Hormoz, as the Managing Director of Institutional Sales in MENA, please tell us why youjoined ATFX. Can you provide an overview of your role as the Managing Director at ATFXConnect, the institutional brand of ATFX group? Hormoz Faryar: “There…

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Long-time industry executive Mohammad Mokhtar has joined ADSS as a Senior Relationship Manager. Mokhtar joins ADSS from Amana, where he spent almost six years as Senior Vice President of Sales. As noted, Mokhtar has a wealth of experience in the industry, having started his career in the retail brokerage sector in 2010. In that year he joined the sales team at HYCM, where he spent almost four years. After leaving HYCM, Mokhtar joined Amana’s Dubai office, where he spent over three years. He then had a two year stint at ActiveTrades before rejoining Amana just under six years ago.

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Trade reporting company TRAction Fintech announced on Monday that it has integrated its technology with iSAM Securities’ liquidity bridge, APEX. The partnership means that brokers using APEX can now use TRAction’s technology to report trades automatically and meet trade reporting standards. TRAction’s technology covers trade reporting under EMIR, MIFIR, ASIC, MAS, CFTC and Canadian regulations. “To meet regulatory obligations, it is now crucial for firms to work with specialised technology partners to share the burden of implementing complex requirements,” said TRAction Co-CEO Quinn Perrott. “If you’re considering outsourcing your transaction reporting to TRAction, you may be wondering if they can…

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