FXCM’s ever strengthening position as the largest retail FX firm internationally has been punctuated by several recent events, including several high value client base acquisitions as well as forays into niche areas by purchasing specialist firms.
This week, the retail FX giant has added a further valuable asset to its corporate armory in the form of the appointment of Robert Babich, formerly a senior FX trader at Commonwealth Bank of Australia (CBA).
Based in New York, Mr. Babich takes on the role of Director of Proprietary Trading, and will report to FX Managing Directors Dominick Errichetti and Paul Loffredo.
Mr. Babich joined CBA following a career which extends over more than two decades in financial services. He worked as a Managing Director at HSBC in New York for nine years and at National Australia Bank for a decade previously.