AxiTrader hires Hans Von der Recke to head Institutional Sales

Australia’s leading retail forex broker AxiTrader has announced the appointment of FX industry veteran Hans Von der Recke as Institutional Sales Manager.

AxiTrader has been building its business in the institutional market the past few months, including – as we exclusively reported back in June – the soft launch of AxiPrime liquidity services.

The following was released by AxiTrader:

AxiTrader, one of Australia’s largest and fastest growing FX providers, has appointed Hans Von der Recke to bolster its institutional offering.

An industry veteran with 37 years’ experience in the Foreign Exchange markets – both in trading and currency management, Von der Recke returns to Australia after a stint in Hong Kong and Japan.

His strong network and ties with Asia stems from his various executive roles with different European banks as well as advising financial institutions based in Asia. His extensive financial background involves being the chief FX dealer for Commerzbank AG, currency manager for the State Pension fund of New South Wales and an introducing broker for UBS Switzerland and DRKW Germany.

He also served as managing director for a number financial and property companies.

“Hans has a wide network of contacts and experience in Asia, which is one of our target markets,” said Alex MacKinnon, general manager at AxiTrader. “Given his expertise and financial knowledge, he is definitely a big boost to our institutional team.”

For his part, Von der Recke is pleased to be back in Australia after several years of overseas posting. He said, “I spent 15 years in Australia in previous financial market roles, so it is good to be back and to be part of this market again.”

“I’ve also had the privilege of working in Asia and other financial centres globally and I’m looking forward to share my market knowledge as well as my network to grow AxiTrader’s presence in the institutional sector of the market.”

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