Exclusive FNG… FNG has learned that long-time iSAM Securities executive Fred Gewirtz has joined Retail FX and CFDs broker Scandinavian Capital Markets, as the firm’s new Head of Institutional Liquidity.
Fred Gewirtz was part of the original Grand Rapids, Michigan-based executive team that formed ThinkLiquidity, the one-time B2B (liquidity and risk management) services arm of Retail FX and CFDs broker ThinkMarkets. ThinkLiquidity was acquired in 2017 by London-based asset management firm iSAM, which renamed the unit iS Risk Analytics and more recently iSAM Securities. (Last year iSAM and ThinkMarkets settled after years of contentious disputes arising from the acquisition).
Fred Gewirtz has been with the group for 10 years, joining ThinkLiquidity in 2014 as Head Of Business Development. After the sale to iSAM he became Head of Sales for iS Risk Analytics.
Scandinavian Capital Markets was founded and is led by Stockholm-based Arif Ahmad and Toronto-based Michael Buchbinder. The broker is officially domiciled in Sweden and licensed by the Swedish Financial Supervisory Authority, Finansinspektionen, as a Registered Financial Institution. Scandinavian, an STP broker, focuses on institutional traders, introducing brokers, money managers and professional traders.