Match-Trade Technologies, a technology provider to the trading industry, announced on Tuesday that Michael Nichols has joined the company as the new Head of Sales. He is stationed in Match-Trade’s newly opened Cyprus office.
“What attracted me to Match-Trade Technologies was their ability to improve the offer constantly,” Nichols said in a statement. “The fact that they develop their own technology means they can expand it and adjust to keep up with market developments, bringing new quality to the table.”
Nicholas’ appointment at Match-Trade came less than a month after he announced his departure from TopFX, an institutional prime brokerage. He spent almost three years with the company and parted as the Director of Institutional Sales.
He has quite a few years of experience in the financial industry and worked with several big names. He entered the forex industry in late 2016 as an Accounts Manager for a
CySEC
CySEC
The Cyprus Securities and Exchange Commission (CySEC) is a financial regulatory authority of Cyprus. CySEC is one of the key watchdog authorities for brokerages in Europe, whose financial regulations and operations comply with the European MiFID financial harmonization law.Founded in 2001, CySEC is instrumental in providing licensing and registration for forex brokers and previously binary options providers.CySEC is responsible for a variety of different functions, which includes the supervision and control of the Cyprus Stock Exchange as well as transactions executed in the Stock Exchange, its listed companies, brokers and brokerage firms.Furthermore, the regulator also supervises and monitors Licensed Investment Services Companies, Collective Investment funds, investment consultants. and mutual fund management companies.CySEC’s Role in Combatting Market AbuseOne of CySEC’s most important functions is the granting of operation licenses to investment firms, including investment consultants, brokerage firms and brokers. This includes provisions for Cyprus Investment Firms (CIF), who provide and perform investment services and activities either within Cyprus or abroad on a professional basis on certain financial instruments.Finally, CySEC oversees the imposition of administrative sanctions and disciplinary penalties to brokers, brokerage firms, and investment consultants, among others. The group has been a key force in policing the forex and binary options space, which has included several legal actions and curb market abuse. Since 2016, CySEC has sought to take a more aggressive stance against illicit behavior, while also strengthening its handling of investor complaints against entities. CySEC is currently chaired by Demetra Kalogerou, who has held the role since 2011.The CySEC is administered by a seven-member Board, which consist of the Chairman and Vice-Chairman, each of whom provide their services on a full and exclusive employment basis, and five additional non-executive members.All individuals on CySEC’s Board are appointed by the Council of Ministers following a proposal of the Minister of Finance. Their service reflects a five-year term.
The Cyprus Securities and Exchange Commission (CySEC) is a financial regulatory authority of Cyprus. CySEC is one of the key watchdog authorities for brokerages in Europe, whose financial regulations and operations comply with the European MiFID financial harmonization law.Founded in 2001, CySEC is instrumental in providing licensing and registration for forex brokers and previously binary options providers.CySEC is responsible for a variety of different functions, which includes the supervision and control of the Cyprus Stock Exchange as well as transactions executed in the Stock Exchange, its listed companies, brokers and brokerage firms.Furthermore, the regulator also supervises and monitors Licensed Investment Services Companies, Collective Investment funds, investment consultants. and mutual fund management companies.CySEC’s Role in Combatting Market AbuseOne of CySEC’s most important functions is the granting of operation licenses to investment firms, including investment consultants, brokerage firms and brokers. This includes provisions for Cyprus Investment Firms (CIF), who provide and perform investment services and activities either within Cyprus or abroad on a professional basis on certain financial instruments.Finally, CySEC oversees the imposition of administrative sanctions and disciplinary penalties to brokers, brokerage firms, and investment consultants, among others. The group has been a key force in policing the forex and binary options space, which has included several legal actions and curb market abuse. Since 2016, CySEC has sought to take a more aggressive stance against illicit behavior, while also strengthening its handling of investor complaints against entities. CySEC is currently chaired by Demetra Kalogerou, who has held the role since 2011.The CySEC is administered by a seven-member Board, which consist of the Chairman and Vice-Chairman, each of whom provide their services on a full and exclusive employment basis, and five additional non-executive members.All individuals on CySEC’s Board are appointed by the Council of Ministers following a proposal of the Minister of Finance. Their service reflects a five-year term.
Read this Term-regulated retail forex trading brand, according to his Linkedin profile.
Before TopFX, he was a B2B Sales Consultant for Panda Trading Systems. He also spent almost a year with troubled broker 24Option as an Account Manager.
“I’m very excited to start this next chapter in my career working for [Match-Trade] that shapes the industry and have a clear strategic focus on expansion,” Nichols added.
Expansion
Meanwhile, Match-Trade is expanding its presence aggressively with physical expansion and key hires. The office in Cyprus was the latest addition to the company’s base that was strategically positioned near its client base.
“Last year was extremely busy for us. Perfecting our Match-Trader platform, adding a social trading app to support all
White Labels
White Labels
White Labeling or white labels are an extremely common practice in the forex market, which implies one buying another firm’s product and then marketing it as its own. This is routinely done in the retail space, as white labeling is helpful in utilizing trading software, platforms, and other additional services that brokerages may offer.What Are the Benefits of White Labels?White labeling is very popular in the forex market given the benefits it bestows to all parties. This includes both the buyer and seller of a given product.In terms of product-makers, these parties benefit from selling their software and platforms as it garners additional income. This also removes many costs associated with marketing their own product.Indeed, product-makers generate additional income for selling their platforms and software, without having to rely on marketing costs or advertising their products directly to traders.Additionally, traders are much more likely to stick to their existing trading platforms, which makes the adoption of technology in this way a natural fit.By extension, brokers also have many positives associated with white labeling given it saves them the cost of developing a new product in-house to attract newer clients. Forex technology has already evolved over the past decade such that newer products require large portions of capital, time, and personnel. While especially true for newer brokers, even existing players sometimes do not have these requirements in large supply, making white labels a viable option.White labeling can go a step further, with this relationship leveraging more tailored products via enhanced customization. Buying, rather than developing new software is generally easier to entice existing users to stay with the broker, while also being cost effective.
White Labeling or white labels are an extremely common practice in the forex market, which implies one buying another firm’s product and then marketing it as its own. This is routinely done in the retail space, as white labeling is helpful in utilizing trading software, platforms, and other additional services that brokerages may offer.What Are the Benefits of White Labels?White labeling is very popular in the forex market given the benefits it bestows to all parties. This includes both the buyer and seller of a given product.In terms of product-makers, these parties benefit from selling their software and platforms as it garners additional income. This also removes many costs associated with marketing their own product.Indeed, product-makers generate additional income for selling their platforms and software, without having to rely on marketing costs or advertising their products directly to traders.Additionally, traders are much more likely to stick to their existing trading platforms, which makes the adoption of technology in this way a natural fit.By extension, brokers also have many positives associated with white labeling given it saves them the cost of developing a new product in-house to attract newer clients. Forex technology has already evolved over the past decade such that newer products require large portions of capital, time, and personnel. While especially true for newer brokers, even existing players sometimes do not have these requirements in large supply, making white labels a viable option.White labeling can go a step further, with this relationship leveraging more tailored products via enhanced customization. Buying, rather than developing new software is generally easier to entice existing users to stay with the broker, while also being cost effective.
Read this Term in our offer and expanding our Client Office CRM to the level of professional sales systems paid off with an impressive number of new clients,” Michael Karczewski, the COO of Match-Trade Technologies, said.
“We want to offer our clients appropriate support to ensure their stable development. That is why we have recruited people with extensive experience in the forex brokerage industry, and we focus on introducing services in the local languages of our clients.”
Match-Trade Technologies, a technology provider to the trading industry, announced on Tuesday that Michael Nichols has joined the company as the new Head of Sales. He is stationed in Match-Trade’s newly opened Cyprus office.
“What attracted me to Match-Trade Technologies was their ability to improve the offer constantly,” Nichols said in a statement. “The fact that they develop their own technology means they can expand it and adjust to keep up with market developments, bringing new quality to the table.”
Nicholas’ appointment at Match-Trade came less than a month after he announced his departure from TopFX, an institutional prime brokerage. He spent almost three years with the company and parted as the Director of Institutional Sales.
He has quite a few years of experience in the financial industry and worked with several big names. He entered the forex industry in late 2016 as an Accounts Manager for a
CySEC
CySEC
The Cyprus Securities and Exchange Commission (CySEC) is a financial regulatory authority of Cyprus. CySEC is one of the key watchdog authorities for brokerages in Europe, whose financial regulations and operations comply with the European MiFID financial harmonization law.Founded in 2001, CySEC is instrumental in providing licensing and registration for forex brokers and previously binary options providers.CySEC is responsible for a variety of different functions, which includes the supervision and control of the Cyprus Stock Exchange as well as transactions executed in the Stock Exchange, its listed companies, brokers and brokerage firms.Furthermore, the regulator also supervises and monitors Licensed Investment Services Companies, Collective Investment funds, investment consultants. and mutual fund management companies.CySEC’s Role in Combatting Market AbuseOne of CySEC’s most important functions is the granting of operation licenses to investment firms, including investment consultants, brokerage firms and brokers. This includes provisions for Cyprus Investment Firms (CIF), who provide and perform investment services and activities either within Cyprus or abroad on a professional basis on certain financial instruments.Finally, CySEC oversees the imposition of administrative sanctions and disciplinary penalties to brokers, brokerage firms, and investment consultants, among others. The group has been a key force in policing the forex and binary options space, which has included several legal actions and curb market abuse. Since 2016, CySEC has sought to take a more aggressive stance against illicit behavior, while also strengthening its handling of investor complaints against entities. CySEC is currently chaired by Demetra Kalogerou, who has held the role since 2011.The CySEC is administered by a seven-member Board, which consist of the Chairman and Vice-Chairman, each of whom provide their services on a full and exclusive employment basis, and five additional non-executive members.All individuals on CySEC’s Board are appointed by the Council of Ministers following a proposal of the Minister of Finance. Their service reflects a five-year term.
The Cyprus Securities and Exchange Commission (CySEC) is a financial regulatory authority of Cyprus. CySEC is one of the key watchdog authorities for brokerages in Europe, whose financial regulations and operations comply with the European MiFID financial harmonization law.Founded in 2001, CySEC is instrumental in providing licensing and registration for forex brokers and previously binary options providers.CySEC is responsible for a variety of different functions, which includes the supervision and control of the Cyprus Stock Exchange as well as transactions executed in the Stock Exchange, its listed companies, brokers and brokerage firms.Furthermore, the regulator also supervises and monitors Licensed Investment Services Companies, Collective Investment funds, investment consultants. and mutual fund management companies.CySEC’s Role in Combatting Market AbuseOne of CySEC’s most important functions is the granting of operation licenses to investment firms, including investment consultants, brokerage firms and brokers. This includes provisions for Cyprus Investment Firms (CIF), who provide and perform investment services and activities either within Cyprus or abroad on a professional basis on certain financial instruments.Finally, CySEC oversees the imposition of administrative sanctions and disciplinary penalties to brokers, brokerage firms, and investment consultants, among others. The group has been a key force in policing the forex and binary options space, which has included several legal actions and curb market abuse. Since 2016, CySEC has sought to take a more aggressive stance against illicit behavior, while also strengthening its handling of investor complaints against entities. CySEC is currently chaired by Demetra Kalogerou, who has held the role since 2011.The CySEC is administered by a seven-member Board, which consist of the Chairman and Vice-Chairman, each of whom provide their services on a full and exclusive employment basis, and five additional non-executive members.All individuals on CySEC’s Board are appointed by the Council of Ministers following a proposal of the Minister of Finance. Their service reflects a five-year term.
Read this Term-regulated retail forex trading brand, according to his Linkedin profile.
Before TopFX, he was a B2B Sales Consultant for Panda Trading Systems. He also spent almost a year with troubled broker 24Option as an Account Manager.
“I’m very excited to start this next chapter in my career working for [Match-Trade] that shapes the industry and have a clear strategic focus on expansion,” Nichols added.
Expansion
Meanwhile, Match-Trade is expanding its presence aggressively with physical expansion and key hires. The office in Cyprus was the latest addition to the company’s base that was strategically positioned near its client base.
“Last year was extremely busy for us. Perfecting our Match-Trader platform, adding a social trading app to support all
White Labels
White Labels
White Labeling or white labels are an extremely common practice in the forex market, which implies one buying another firm’s product and then marketing it as its own. This is routinely done in the retail space, as white labeling is helpful in utilizing trading software, platforms, and other additional services that brokerages may offer.What Are the Benefits of White Labels?White labeling is very popular in the forex market given the benefits it bestows to all parties. This includes both the buyer and seller of a given product.In terms of product-makers, these parties benefit from selling their software and platforms as it garners additional income. This also removes many costs associated with marketing their own product.Indeed, product-makers generate additional income for selling their platforms and software, without having to rely on marketing costs or advertising their products directly to traders.Additionally, traders are much more likely to stick to their existing trading platforms, which makes the adoption of technology in this way a natural fit.By extension, brokers also have many positives associated with white labeling given it saves them the cost of developing a new product in-house to attract newer clients. Forex technology has already evolved over the past decade such that newer products require large portions of capital, time, and personnel. While especially true for newer brokers, even existing players sometimes do not have these requirements in large supply, making white labels a viable option.White labeling can go a step further, with this relationship leveraging more tailored products via enhanced customization. Buying, rather than developing new software is generally easier to entice existing users to stay with the broker, while also being cost effective.
White Labeling or white labels are an extremely common practice in the forex market, which implies one buying another firm’s product and then marketing it as its own. This is routinely done in the retail space, as white labeling is helpful in utilizing trading software, platforms, and other additional services that brokerages may offer.What Are the Benefits of White Labels?White labeling is very popular in the forex market given the benefits it bestows to all parties. This includes both the buyer and seller of a given product.In terms of product-makers, these parties benefit from selling their software and platforms as it garners additional income. This also removes many costs associated with marketing their own product.Indeed, product-makers generate additional income for selling their platforms and software, without having to rely on marketing costs or advertising their products directly to traders.Additionally, traders are much more likely to stick to their existing trading platforms, which makes the adoption of technology in this way a natural fit.By extension, brokers also have many positives associated with white labeling given it saves them the cost of developing a new product in-house to attract newer clients. Forex technology has already evolved over the past decade such that newer products require large portions of capital, time, and personnel. While especially true for newer brokers, even existing players sometimes do not have these requirements in large supply, making white labels a viable option.White labeling can go a step further, with this relationship leveraging more tailored products via enhanced customization. Buying, rather than developing new software is generally easier to entice existing users to stay with the broker, while also being cost effective.
Read this Term in our offer and expanding our Client Office CRM to the level of professional sales systems paid off with an impressive number of new clients,” Michael Karczewski, the COO of Match-Trade Technologies, said.
“We want to offer our clients appropriate support to ensure their stable development. That is why we have recruited people with extensive experience in the forex brokerage industry, and we focus on introducing services in the local languages of our clients.”
Source: https://www.financemagnates.com/executives/moves/match-trade-technologies-hires-michael-nichols-as-head-of-sales/