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ATFX Hires New MD for LATAM Institutional Sales

Crispus Nyaga Market Analyst (Writer)
    Summary:
  • ATFX, the fast-growing forex and CFD broker, has hired Telmo Simoes to be the managing director of its institutional sales in LATAM.

ATFX, the fast-growing forex and CFD broker, has hired Telmo Simoes to be the managing director of its institutional sales in LATAM. 

Telmo Simoes joins ATFX

ATFX is a leading award-winning forex and CFD broker that has seen its total trading volume jump recently. In a statement, the firm said that it had hired Telmo Simoes to be the head of institutional sales for its Latin America business.

Simoes joined the company in August and will be responsible for bringing institutional clients to the company. He will also be responsible for building quality business-to-business relationships for ATFX. 

Telmo has over 16 years of experience in the financial industry. He started his career at ICAP, where he rose through the ranks to become the company’s Solutions Relationship Manager. He then moved to Lloyds Bank.

His career then moved deeper in the forex and CFD industry. He joined ADSS in 2015 as the Vice President for Institutional Sales. Prior to joining ATFX, he was the Director of Institutional Sales at Edgewater Markets.

Simoes joins ATFX at a period when the company is seeing strong growth in its key markets. Its volume has risen, helped by the rising number of new customers in its platform. The company recently received an award for being the “Best Fintech Innovator” at the Financial Technologies & Cyber Security Exhibition & Conference in Jordan. In a statement, ATFX’s Chairman said:

“This would not have been possible without our clients’ trust. Thank you for supporting us along the way. We are committed to providing the best possible trading services to our clients.”