Bringing you live news and features since 2006 

Rich Ricci joins freemarketFX as chairman

RELATED TOPICS​

freemarketFX, the London based currency exchange has appointed of Rich Ricci as Chairman.

freemarketFX has developed its own secure and robust proprietary technology to allow individuals and businesses to achieve cost effective currency exchange. freemarketFX’s technology removes the problem of currency purchase and sale spread costs faced by both businesses and individuals who have foreign currency requirements. freemarketFX’s technology allows both companies and individuals to directly match their currency requirements significantly reducing the cost of purchase or sale. The platform charges a fixed 0.2 per cent commission.
 
As Chairman, Ricci will provide strategic oversight to help freemarketFX continue the impressive growth it achieved in 2015.
 
Ricci was formerly the CEO of Barclays Corporate and Investment Banking.  He brings over 30 years of business experience to freemarketFX having previously held a diverse range of senior operational, technology, and front-office executive roles at major global banks.
 
Ricci says: “I am hugely excited to be working alongside freemarketFX’s strong management team, led by Alex Hunn, and to be joining the FinTech revolution. Well applied technology in the financial sector is bringing significant benefits to individuals and businesses. freemarketFX has developed a robust and secure currency exchange business, allowing its technological benefits to be applied to this sector and significantly reduce transaction costs for the benefit of its customers.” 
 
Alex Hunn, the founder and Chief Executive of freemarketFX, says: “We are thrilled to have Rich join the freemarketFX team. To have someone of his experience become actively involved in the company is a huge vote of confidence and further validates our business model and unique proposition.”

Latest News

Matteo Greco, Research Analyst at Fineqia International, writes that bitcoin (BTC) ended last week at approximately USD60,800, marking an 8.8..
Amundi reports that in the first six months of the year, European UCITS ETF inflows reached a record high of..
Morningstar has released its European ETF asset flow update for Q2 2024 which shows that the European ETF and ETC..
ETF issuer WisdomTree has announced that it has partnered with commission-free investing app Trading 212 to offer six ETF model..

Related Articles

Chris Lo, Columbia Threadneedle
In a recent insight on India by Columbia Threadneedle Investments, the firm reports that the country’s economic reforms, which aim...
With an election on the horizon in the United States a group of ETFs is poised to capture investments on...
Robot worker
Qraft Technologies, based in South Korea, specialises in the use of AI in security selection and portfolio construction....
Andrea Busi, Directa SIM
Romain Thomas talks to Andrea Busi (pictured), CEO of Directa SIM, who explains why the online trading platform has just...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by