Advanced Markets Hires Sammy Christou as Chief Risk Officer

Advanced Markets, an institutional foreign exchange liquidity and prime-of-prime service provider, announced on Wednesday the appointment of Sammy Christou as the firm’s new Chief Risk Officer (CRO).

Christou has already joined the North Carolina-headquartered company and has brought over a decade of work experience in the financial services industry, specifically in trading companies.

An Industry Expert

“We are delighted to be welcoming Sammy Christou to Advanced Markets as our Chief Risk Officer,” Advanced Markets’ Founder and CEO, Anthony Brocco, said. “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.”

Indeed, Christou joined Advanced Markets from Equiti Capital, where he was the Head of Trading for almost four years.

He started his career in the industry as a Dealer at GFT Markets and later joined GAIN Capital as a Trader. In addition, he has a couple of years stint at London Capital Group as a Senior Trader.

Christou commented: “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.”

Christou’s appointment came less than a couple of months after Advanced Markets hired Samer Mourched as the Chief Executive of its Bermuda-based entity. Furthermore, the company secured a significant sum as an investment earlier this year for further global expansion from Mushegh Tovmasyan’s Forexify and Corbel Capital Partners.