Advanced Markets Secures Samer Mourched as Bermuda CEO

Fazzaco learned that Advanced Markets, a wholesale provider of direct market access (DMA) liquidity, credit and technology solutions for institutional clients, has announced the appointment of Samer Mourched as the CEO of the prime of prime broker’s newly established Bermuda entity.

Samer Mourched was formerly a senior executive with Swissquote, Alpari, MultiBank and most recently Accuindex.

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According to the press release, Samer, in his new role, will lead the group’s emerging markets strategy. In addition, he will further expand on the firm’s product and market reach within developing regions.

He joined Advanced Markets from Accuindex, where he spent a short stint of only three months as the broker’s chief executive officer. Before that, he was the CEO of Pangea Exchange, an Estonia-based decentralized fiat/crypto exchange that he also cofounded.

His most prominent role in the brokerage industry had been at MultiBank Group, where he was the CEO from the end of 2013 until June 2016. Further, he was the Head of Sales & Satellite Offices at Alpari ME DMCC. He also had stints at Swissquote and BCC Business Consulting Center.

Commenting on this appointment, Anthony Brocco, Founder and CEO of the Advanced Markets group, said: "Samer Mourched is a longstanding industry veteran. With more than 15 years of experience in the financial services industry he is the perfect fit for this role and is an invaluable asset to the firm in executing our next level of global expansion plans. We are well established in many markets including the US, Europe and the APAC region so adding Emerging Markets to our strategy is a natural progression toward becoming the leading broker in the foreign exchange and CFD trading industry."

Talking about the new role, Samer stated: "I’m extremely excited about joining Advanced Markets for the next phase of the brokers growth journey and supporting the firm’s expansion into new markets alongside its team of notable industry leaders."

Fazzaco earlier reported Advanced Markets secures a significant investment from Forexify and Corbel.