Former Saxo Capital Markets executive to head ThinkLiquidity’s London sales operation

Specialist FX risk management company ThinkLiquidity has appointed Michael Quirk as Sales Director for its newly established London operations.

Last month, LeapRate reported that ThinkLiquidity has experienced such demand from London’s FX industry that it had embarked on the expansion of its operations into London and was in search of a senior industry professional to run the London team.

Mr. Quirk, who joins the firm today, has a wealth of experience within the FX industry, having joined Saxo Capital Markets UK in 2008 as a Sales Associate at the company’s London operations, shortly progressing to High Net Worth and Corporate Account Manager, a position which he held for three years.

Mr. Quirk then progressed to Saxo Capital Markets’ Client and Partner Support team in a managerial position in May 2012, from which he joined FX brokerage technology company X Open Hub as Manager of Institutional Sales, traveling to brokerages across the globe to promote, demonstrate and negotiate the implementation of the technology solution, tailored to the needs of each individual client.

Additionally, Mr. Quirk was also charged with the additional requirement of securing liquidity deals, in both FX and CFDs, for the business in order to maintain higher levels of flow and turnover.

During last year, Mr Quirk held the position of Head of Global Software Sales at Ariel Communications, where his main objective was to broaden the scope of FX brokers to offer more assets (CFDs and Spreads), and providing a suitable solution.

Having a network of over 200 FX contacts, Mr Quirk used Ariel Communications’ multi-asset offering to up-sell CFDs to these clients as a way of expanding their client base. As Ariel Communications is a purely technical partner, he also maintained relationships with liquidity providers and other technology providers.

Based in Grand Rapids, Michigan under the steerage of Managing Director Jeff Wilkins, ThinkLiquidity’s ethos is to bridge the gap between risk management and technology.

Speaking to LeapRate in October, Mr. Wilkins explained that “London is the epicenter of FX and we need to be there. I can safely say we are one of the fastest growing providers in the industry and we have done so without any marketing and. Our solutions just make sense for brokers.”

Mr. Wilkins concluded by explaining that “ThinkLiquidity is the only full service risk management, technology and white label company in the industry and our expansion into London is a natural progression. Our London office will be the core business development hub of ThinkLiquidity.”

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