FNG Exclusive… FNG has learned that new institutional crypto platform Crossover Markets has hired experienced Prime Brokerage executive Paul Cusack as its new Global Head of Operations.
Paul Cusack was Director, FX Prime Brokerage out of the London office of global bank Citi for 15 years, from 2004 to 2019. He then spent three years at Deutsche Bank in London, as FX Prime Brokerage Product Head for EMEA. For the past year he was at ABN Amro Clearing Bank.
Crossover Markets, backed by a number of investors including multi-asset broker Exness and GMO Internet Group, recently left stealth mode unveiling CROSSx, its execution-only cryptocurrency Electronic Communication Network (ECN). The company was founded by former FXCM/Jefferies prime brokerage heads Brandon Mulvihill and Anthony Mazzarese as was exclusively reported here at FNG last year. Crossover describes itself as a digital asset trading technology firm focused on meeting the unique liquidity requirements of institutions in the spot and derivative cryptocurrency markets.