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February 13, 2023 - Edgewater Markets, a leading provider of technology, trade execution and liquidity aggregation across foreign exchange (FX) and precious metals, today announced the addition of Andres Cifuentes as Global Head of Liquidity. Based in the firm’s Connecticut headquarters, he will lead Edgewater’s global FX, non-deliverable forward (NDF) and precious metals liquidity group globally as well as supporting Edgewater’s expansion into new asset classes.
Cifuentes brings to Edgewater close to twenty years of experience in financial markets, having held senior roles in liquidity management and prime brokerage at custody firms, exchanges and bulge-bracket banks. He most recently served as Head of Electronic Trading at BitGo, where he led the development of the firm’s prime brokerage for the crypto market. His past positions include Director of FX Sales at Cboe Global Markets, Vice President of FX Sales, Vice President of FX Prime Brokerage at Morgan Stanley, and senior roles at JP Morgan and Goldman Sachs.
Andres Cifuentes, Edgewater's Global Head of Liquidity, said, “I’m excited to be joining Edgewater during a time of tremendous global expansion. I have worked closely with the Edgewater team for many years, and long appreciated the unique blend of cutting-edge technology and regional expertise that sets them apart. I look forward to bringing our impressive and diverse roster of clients – ranging from banks and brokers to vendors and ECNs – unprecedented access to liquidity across global markets and asset classes.”
Matt Kassel, Chief Operating Officer at Edgewater, also commented, “Andres joins Edgewater at a moment when technology is transforming FX markets globally, and we are continuing to expand our leadership team to meet global demand. We’ve built robust liquidity teams locally around the world, and as Edgewater continues to expand, Andres will be leading the charge to integrate our processes to best serve our clients everywhere. Andres’ extensive experience at the world’s top financial firms, and his deep background in tech and FX, make him the perfect person to lead this mission.”
This senior hire comes at a time of significant growth for Edgewater. The firm just announced the hire of Chan Chong San as Managing Director of APAC, as well as the opening of a São Paulo office and senior hires in the LatAm region.
