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  • Invast promotes Jon Leung and James Alexander to boost its PurePrime FX institutional services


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    Invast Global, the ASIC-regulated Australian-based offshoot of leading Japanese brokerage Invast Securities Co. Ltd. (TYO:8709), has promoted two C-level executives with an eye to further expanding its FX prime services offering, PurePrime.

    Joining Invast CEO Gavin White at the top management table will be Jon Leung and James Alexander. White, Leung and Alexander know each other well, having worked together at Cantor Fitzgerald and MF Global before joining Invast.

    Jon Leung (pictured at left, above) has been promoted to Chief Operating Officer (COO) of Invast Global and has been tasked with scaling the operational capabilities of the firm to ensure there is always adequate capacity to meet the growing global demand for the firm’s services. After an early career in London working for Investment Banks such as BNP Paribas and Deutsche Bank, Leung has spent the past decade in Australia, including the past two years as Invast’s Chief Information Officer.

    James Alexander (pictured at right, above) has been promoted to Chief Commercial Officer (CCO) of Invast Global, tasked with ensuring that the Sales and Marketing efforts of the firm continue to attract high quality relationships with clients and vendors alike. James Alexander is a highly-regarded figure in the FX and CFD industry. He has particularly strong, long-standing relationships across Asia, UK and Eastern Europe. He has been Director – Head Of Institutional Sales at Invast for the past three years.

    Invast CEO Gavin White had the following to say about the promotions:

    Jon, James and I have a great working dynamic, forged over many years of working together providing trading solutions to a wide variety of clients across the globe. It is this close familiarity at the top level of the firm that allows us to be nimble and innovative. It is one of the main reasons we have earned a reputation for our attentiveness to client needs.

    As the banks contract, Invast Global has grown into the void. We are providing a non-bank prime services offering that is in high demand as the banks continue to follow long-term plans to exit these businesses. Slowly but surely, the banks are turning away new clients and even off-boarding existing ones. Retail brokers, emerging hedge funds and asset managers are turning to non-bank prime services providers like Invast Global. This is a trend determined by permanent regulatory reform aimed at the large banks. This is not a temporary phenomenon.

    Invast Global has reported strong growth throughout 2016 as the firm taps into demand for prime services generated by the contraction in investment bank prime services offerings. Institutional turnover has more than trebled in the past 12 months and the firm has cemented its place amongst the top tier prime services firms.

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    Invast promotes Jon Leung and James Alexander to boost its PurePrime FX institutional services

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