Industry Veteran Andrew Saks Appointed Chief Product Officer at TraderEvolution Global

August 01, 2023 - TraderEvolution Global, a specialized trading platform and brokerage technology company, has announced the appointment of electronic trading industry veteran Andrew Saks as Chief Product Officer.

In this C-level role, Andrew Saks will be spearheading efforts to empower brokerages worldwide with scalable technology, fostering their independence and sustainability.

The electronic brokerage industry has reached a pivotal moment, calling for advancements in available products and the establishment of independence as a viable business model. Recognizing this need, Andrew Saks, a renowned figure in the global electronic trading business, will work directly with CEO and founder Roman Nalivayko to provide comprehensive technological solutions to brokerages.

TraderEvolution Global has distinguished itself by enabling brokerages to own their intellectual property and scale their business, allowing them to differentiate their product offerings and gain a competitive edge in the multi-product marketplace.

With over 32 years of expertise in the electronic trading industry, Andrew will collaborate closely with existing TraderEvolution Global clients and engage with the entire industry to address trading platform technology requirements amid the growing demand for multi-product diversity.

Before joining TraderEvolution Global, Andrew held senior positions and played an instrumental role in establishing significant FX industry news and information resources, including being founder of FinanceFeeds and having previously run a specialist institutional trading software consultancy, cementing his reputation in the retail FX sector.

Commenting on his appointment, Andrew emphasized the importance of trading platform technology in today's global financial marketplace, emphasizing the need for brokerages to stay abreast of customer requirements, technological evolution, and asset class popularity.

Expressing excitement about his new role, Andrew highlighted TraderEvolution Global's commitment to empowering brokerages to forge their own paths and expand their asset class range while owning their intellectual property.

Roman Nalivayko, CEO, and Founder of TraderEvolution Global expressed confidence in Andrew’s appointment, citing his wealth of experience and expertise in the industry. Mr Nalivayko looks forward to Andrew’s positive contributions in his new position, further solidifying TraderEvolution Global's position as a leader in empowering brokerages worldwide.

“With regard to our ongoing commitment to product development, we've reached the maturity point where it's time to communicate more intensely about how brokerage companies can gain actual control over their business” said Mr Nalivayko

“By implementing technology with a strong foundation, brokers can develop their businesses in a variety of directions. Given Andrew's experience, we're preparing several initiatives to help brokers understand that, instead of grappling with limitations, compromises, and unhealthy dependencies, there is a proper solution available” concluded Mr Nalivayko.

Connect with Andrew Saks on LiquidityFinder by viewing his profile here.