Edgewater Hires Veteran Andres Cifuentes as Global Head of Liquidity ⋅ Crypto World Echo
Edgewater Markets continues to strengthen
its leadership team with the latest hiring of Andreas Cifuentes, an executive
with almost twenty years of industry experience, as its new Global Head of
Liquidity. Cifuentes was previously the Head of Eletronic Trading at BitGo.
Edgewater, which provides technology,
trade execution and liquidity aggregation for the foreign exchange (FX) and
precious metals industries, announced Cifuentes’ selection on Monday in a press
statement.
Edgewater today announced the addition of Andres Cifuentes as Global Head of Liquidity. He will lead Edgewater’s global FX, NDF and precious metals liquidity group globally as well as supporting Edgewater’s expansion into new asset classes. Read more: https://t.co/2o5suYuS0t pic.twitter.com/kzzqNmk6zh
— Edgewater Markets (@EdgewaterFX) February 13, 2023
Cifuentes to Lead Edgewater’s Liquidity Group, Support Expansion
Cifuentes joins Edgewater with
years of experience gathered from working in senior roles across for top
financial organizations. He served as the Director of FX Sales at Bats Global
Markets (now Cboe Global Markets) between 2016 and 2019. At Morgan Stanley, he first served as the
Vice President of FX Prime Brokerage between 2009 and 2013 and later as the
Vice President of FX Sales between 2013 and 2016. He also held senior
roles at JP Morgan Chase and Goldman Sachs between May 2004 and September 2009.
Speaking in the press statement, Edgewater said the executive will lead its global forex, non-deliverable
forward and precious metals liquidity group. He is also expected to provide
support to the company’s expansion into new asset classes. Cifuentes’ role is
based in Edgewater’s headquarters in Connecticut in the United States.
“I’m excited to be joining Edgewater
during a time of tremendous global expansion. I have worked closely with the
Edgewater team for many years, and long appreciated the unique blend of
cutting-edge technology and regional expertise that sets them apart,” Cifuentes
said in the statement.
Also speaking on the appointment, Matt
Kassel, Edgewater’s Chief Operating Officer (CP0), noted that the company hired
Cifuentes to further its expansion plan. This is even as the company opened a new office in São
Paulo in Brazil late last month. Kassel added that the executive will
lead the integration of the company’s processes to best serve its clients
across the world.
“Andres’ extensive experience at the
world’s top financial firms, and his deep background in tech and FX, make him
the perfect person to lead this mission,” the CPO added.
The new appointment comes days after the
company tapped forex veteran Chan
Chong San as its Managing Director (MD) for the Asia
Pacific (APAC) region. Chan brings over three decades of experience to the new role.
This article was written by Solomon Oladipupo at www.financemagnates.com.
