Daman Markets Appoints Samer Fakhridin to Lead Trade Operations
Daman Markets has appointed Samer Fakhridin as Head of Trade Operations and Support. With over a decade of experience in the FX and commodities sectors, Fakhridin will bring a strong operational background to Daman Markets’ expanding team.
Who is Samer Fakhridin
Samer Fakhridin joins Daman Markets with a solid background in FX and commodities trading operations. At ICM.com, Fakhridin served as Operations Manager for the FX and Commodities Desk for nearly 10 years. There, he oversaw trading activities and operational workflows to ensure seamless execution and risk management. His expertise spans areas essential for retail trading success, including FX spot trading and online brokerage operations. Before ICM, Fakhridin worked as a Treasury Dealer for FX at Mashreqbank. He also served as a Senior Dealer at Arzak Global Securities. There, he built his early foundation in securities trading and dealer operations.
Effects on Traders
This appointment will likely have these effects on users:
Enhanced Trade Operations Efficiency
With Samer Fakhridin’s leadership in trade operations, traders can expect more efficient and reliable transaction handling. His extensive background in managing FX and commodities desks means streamlined processes and fewer disruptions. It benefits trade execution speed and accuracy.
Improved Risk Management
Fakhridin’s experience with operational workflows and risk management equips him to strengthen Daman Markets’ risk control measures. For traders, this translates to a safer trading environment with minimized exposure to unexpected market risks.
Increased Market Expertise
Fakhridin brings in-depth market insights to Daman Markets. This can result in more informed trading support. It can benefit traders who rely on expert-driven strategies and well-rounded market perspectives.
Better Customer Support
Daman Markets is positioned to improve its support and service to traders. Fakhridin’s knowledge of brokerage operations will help address traders’ needs effectively.
About Daman Markets
Daman Markets is a UAE-based financial services company. It provides Forex and CFD trading focused on MENA markets. Daman Securities LLC established it. It operates under regulation from the Emirates Securities and Commodities Authority (SCA). Their offerings include Forex, commodities, indices, metals, and stock CFDs, all accessible through the MT5 platform. They aim to support novice and experienced traders with customizable accounts and high customer service standards.
Summing Up
Daman Markets continues to expand its senior team with industry experts. With experienced leaders like Fakhridin and recent COO hire Omar Qaryouti, the company aims to strengthen its regional presence.
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