Forex Institutional News

London-based Siege FX Announces Key Changes in its leadership

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Written By: Abdullah Sarwar
Reviewed By: Mohamed Yonis
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    Summary:
  • Siege Fx has promoted Marek Robertson to CPO. Mathijs Peeters will be the new Head of Distribution for Europe.

Siege FX, a fintech company providing cost-reducing solutions for the Institutional FX market, has recently announced key changes in its leadership. Mathijs Peeters will join the firm as the Head of Distribution for Europe. The position was previously held by Marek Robertson, who has been promoted to Chief Product Officer of the organization. These changes come when the firm plans to roll out many new solutions soon.

Siege FX is based in London and operates in the domain of dark pools in forex. It was established to deliver innovative cost-reduction solutions for the FX market. The firm’s cutting-edge fintech features allow trades to take place without information leakage.

Its first service, MidPool, was launched in 2021. MidPool provides a fully anonymous and continuous Spot matching service to its clients. More recently, in Q3 2022, they launched NetFix, to match offsetting fixing orders anonymously. Both NetFix and MidPool attract a wide range of institutional participants. Siege Fx will soon be integrated into some of the world’s biggest banks and asset managers.

Siege FX Appoints New Head of Distribution & CPO

The newly appointed Mathijs Peeters has over 25 years of experience in the Institutional FX industry. Previously, Peeters was Head of FX Distribution at Optiver, FX FinTech Business Manager at BlueCrest, and Director of FX Institutional Sales at HSBC. Peeters will be responsible for European distribution and work closely with his American counterpart Paul Alves.

Marek Robertson, who has been with the firm since 2019, has been promoted to Chief Product Officer. Robertson brings a wealth of experience to the role. In his new role, Robertson will be responsible for enhancing the firm’s existing services, NetFix and MidPool, and developing several new services leveraging Siege’s cutting-edge fintech solutions. Robertson will also be responsible for the development of NetBook. NetBook is a new solution for order compression and block order which will serve institutional forex trading clients.

Comments from The CEO Goulet

Siege FX CEO, Claude Goulet congratulated both Peeter and Robertson for their new appointments. He also commented that Siege FX is driven to deliver innovative solutions for the FX market.

The appointment of Mathijs Peeters and the promotion of Marek Robertson demonstrate the firm’s commitment to growing and expanding its services. The new leadership team brings a wealth of experience and expertise to the firm, and they are well-positioned to drive the development of new services and support the firm’s expansion.

This post was last modified on Feb 02, 2023, 09:59 GMT 09:59

Written By: Abdullah Sarwar
Reviewed By: Mohamed Yonis

Abdullah Sarwar is a blockchain analyst and a cryptocurrency investor with more than 5 years of experience. He specializes in providing crypto price projections based on their fundamentals and price charts. He is also a successful day trader. He graduated in 2015 with a degree in electronic engineering. In his free time, he loves listening to electronic music and playing with trading bots.

Published by
Written By: Abdullah Sarwar
Reviewed By: Mohamed Yonis