The Financial Commission (FinaCom), the independent external dispute
resolution (EDR) body for the forex industry, has appointed Sam Low, the
Founder and Chief Executive Officer of LiquidityFinder, as the latest member of
its Dispute Resolution Committee. The organization said Low is the 34th
industry expert to join the Committe since its founding in 2013.
“The DRC consists of a diverse panel of industry professionals, who
follow a non-bias protocol to process and resolve complaints from our members’
clients,” FinCom said in a
statement.
Low founded LiquidityFinder in February 2018 and has been running the
over-the-counter global marketplace that connects liquidity seekers and
industry providers for over five years now. The platform serves users such as
professional traders, asset managers, retail brokers and banks, among others.
Who is Sam Low?
Low is a senior executive that boasts of almost three decades of industry experience from
working for top organizations such as Finalto, Bloomberg LP and First
Derivatives. Before founding LiquidityFinder five years ago, he was the
Business Development Manager for Europe, Middle East and Africa (EMEA) at First
Derivatives Technologies for almost four years.
In March 2013, he joined Finalto in a sales role that lasted for only
two months. However, he stayed much longer at Integral Development Corporation
where he spent almost 10 years serving as the Vice President of European Sales.
Watch the recent FMLS22 session on how fintech regulation will pan out in 2023.
Low started out his career at Bloomberg LP working with the terminal
sales team in Februarry 1997 and would spend the seven years and seven months
with the company. Between September 2004 and March 2006, he handled new business
sales for SuperDerivatives Inc, a provider of derivatives market data,
technology and valuation services.
“I am pleased to welcome Sam to our dispute resolution team. Given his
extensive experience in the industry, particularly in institutional FX, and
geographically in the UK, he will be a valuable asset to the Dispute Resolution
Committee in helping us continue our commitment to providing thorough
investigations of trade-related disputes and sound dispute resolutions,” Nikolai Isayev, FinaCom’s Chief Operating Officer, explained.
Compensation Sought by FX Traders Declines in 2022
Meanwhile, Finance Magnates recently reported that the total
compensation sought by forex traders from brokerages across the world in
2022 decreased by 17% to $12.4 million
last year. However, compensation sought from brokerage members of FinaCom
jumped 76% to $7.4 million.
Similarly, total compensation sought by forex traders during the fourth
quarter of last year dropped by 3% quarter-over-quarter to $3.3 million. On the contrary, compensation demanded from
brokers that are members of FinaCom shot up by 66% during the quarter.
The Financial Commission (FinaCom), the independent external dispute
resolution (EDR) body for the forex industry, has appointed Sam Low, the
Founder and Chief Executive Officer of LiquidityFinder, as the latest member of
its Dispute Resolution Committee. The organization said Low is the 34th
industry expert to join the Committe since its founding in 2013.
“The DRC consists of a diverse panel of industry professionals, who
follow a non-bias protocol to process and resolve complaints from our members’
clients,” FinCom said in a
statement.
Low founded LiquidityFinder in February 2018 and has been running the
over-the-counter global marketplace that connects liquidity seekers and
industry providers for over five years now. The platform serves users such as
professional traders, asset managers, retail brokers and banks, among others.
Who is Sam Low?
Low is a senior executive that boasts of almost three decades of industry experience from
working for top organizations such as Finalto, Bloomberg LP and First
Derivatives. Before founding LiquidityFinder five years ago, he was the
Business Development Manager for Europe, Middle East and Africa (EMEA) at First
Derivatives Technologies for almost four years.
In March 2013, he joined Finalto in a sales role that lasted for only
two months. However, he stayed much longer at Integral Development Corporation
where he spent almost 10 years serving as the Vice President of European Sales.
Watch the recent FMLS22 session on how fintech regulation will pan out in 2023.
Low started out his career at Bloomberg LP working with the terminal
sales team in Februarry 1997 and would spend the seven years and seven months
with the company. Between September 2004 and March 2006, he handled new business
sales for SuperDerivatives Inc, a provider of derivatives market data,
technology and valuation services.
“I am pleased to welcome Sam to our dispute resolution team. Given his
extensive experience in the industry, particularly in institutional FX, and
geographically in the UK, he will be a valuable asset to the Dispute Resolution
Committee in helping us continue our commitment to providing thorough
investigations of trade-related disputes and sound dispute resolutions,” Nikolai Isayev, FinaCom’s Chief Operating Officer, explained.
Compensation Sought by FX Traders Declines in 2022
Meanwhile, Finance Magnates recently reported that the total
compensation sought by forex traders from brokerages across the world in
2022 decreased by 17% to $12.4 million
last year. However, compensation sought from brokerage members of FinaCom
jumped 76% to $7.4 million.
Similarly, total compensation sought by forex traders during the fourth
quarter of last year dropped by 3% quarter-over-quarter to $3.3 million. On the contrary, compensation demanded from
brokers that are members of FinaCom shot up by 66% during the quarter.
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Sam Low, founder of LiquidityFinder and experienced banker, has become the 34th member of the FinaCom Dispute Resolution Committee (DRC). Low brings a wealth of knowledge and over two decades of experience in the financial and technology sectors to the committee.
The FinaCom Dispute Resolution Committee is a group of highly qualified professionals who have extensive experience in areas that are related to the field of cryptocurrency, commercial banking, regulation, asset management, and law. The committee is responsible for arbitrating disputes that arise between members of the FinaCom network. Low’s addition to the committee is an exciting development that allows the committee to further its goal of providing a reliable and impartial resolution process for members of the FinaCom network.
Low brings a wide range of knowledge and experience to the FinaCom DRC. Low has over 20 years of experience in the banking industry, including starting and growing leading international firms. Low has also served as CEO of two banking technology startups, IQVantage and LiquidityFinder. His expertise in technology, banking, and financial services has been invaluable in his role on the FinaCom DRC.
Low has expressed his excitement in joining the FinaCom DRC and looks forward to using his knowledge and experience to further the mission of the FinaCom network. “It is an honour to be part of such a prestigious and dedicated body of professionals,” said Low. “I am looking forward to helping resolve disputes related to the field of cryptocurrency and contributing to the development of the FinaCom network.”
With the addition of Low to the FinaCom DRC, members of the FinaCom network can be assured they have access to a reliable and impartial resolution process. Low’s experience and expertise will be a great asset to the committee, and members of FinaCom can feel confident that any disputes they may have will be resolved in a fair and equitable manner.
