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Abstract:Executive moves that dominated the week's news.
As we progress closer towards the end of the year in the month of November, we see more trouble in the crypto industry with the fiasco of FTX. However, the hiring in the forex, crypto and fintech industry continues. Lets review the executives that have taken on new roles and challenges in our executive moves roundup of the week.
Take Advantage of the Biggest Financial Event in London. This year we have expanded to new verticals in Online Trading, Fintech, Digital Assets, Blockchain, and Payments.
Saxo UK Limited announced the appointment of Simon Camilleri as the companys Chief Operating Officer. Based in London, he will report directly to Charles White-Thomson, the CEO of Saxo UK.
Officially announced on Friday, the appointment occurred as Saxo UK is expanding its offerings. Further, the subsidiary onboarded Joanna Moberly as the Head of Legal and Company Secretary earlier this year. Other critical appointments of Saxo UK include the addition of Nicholas Wilcock and Michael Ridley to the Board as Non-Executive Directors. Last year, Saxo UK hired Simon OMalley as the Chief Financial Officer.
Finalto has promoted Andrew Biggs from the position of Head of Liquidity and Systematic Market Making to the role of Group Head of Risk Trading.
Biggs announced the update on his LinkedIn profile on Thursday. However, his profile shows he took on the new role earlier in August. Biggs has been the Head of Liquidity at CFH Clearing Limited since May 2018, which is a position he maintained even after Finalto acquired and renamed CFH Clearing.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
INFINOX celebrates 15 years of success as a global leader in CFD and Forex trading, expanding its reach and empowering traders through innovative multi-asset platforms.
ATFX upgrades MT4/MT5 servers at Equinix Hong Kong and London, boosting low-latency trading, enhancing global network performance, and optimizing infrastructure.
ICE Futures U.S. recently announced the settlement of charges against StoneX Financial Inc. related to potential violations of the Exchange Rule, which prohibits trade practices such as wash sales and prearranged trades. These charges were connected to an incident that occurred on April 27, 2023, where an employee of StoneX allegedly placed opposing buy and sell orders in the Cocoa Futures spread market.
The Labuan Financial Services Authority (LFSA) has introduced new restrictions on locally regulated forex and contracts for differences (CFDs) brokers, limiting their offerings to currency-related instruments such as spot FX and CFDs on foreign exchange.