Abstract:Executive moves that dominated the week's news.
As we reach the end of August, we see a pickup in executive moves as more senior management is onboarded in the Forex, Crypto and Fintech universe. 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.
Eurotrader Appoints ex-ThinkMarkets Exec Marcelo Spina as Group CEO
Eurotrader has appointed Marcelo Spina, the former Global Head of Business Development at ThinkMarkets, as its new Group Chief Executive Officer.
Spina brings almost three decades of experience to the role.
He left ThinkMarkets in January last year to launch Operar FX, a forex consultancy and retail trading brand focused on serving markets primarily in Latin America.
Securrency Capital Hires Neale Croutear-Foy and Chris Pugh in Executive Roles
Securrency Capital announced on Wednesday the hiring of two industry veterans, Neale Croutear-Foy and Chris Pugh.
Croutear-Foy joined as the Chief Technology Officer, while Pugh is the Head of Product Delivery. Both of them will report to Phil Langton, the companys Chief Operating Officer.
Both of these appointments came only months after the firm secured an operational license from the Abu Dhabi regulator that allows it to deal in investments as a matched principal and provide custodian services. It can offer digital asset trading services to retail customers.
The revenue of FXCM UK for 2021 was $13.6 million, a 12% decrease from $15.4 million in 2020. The company's net profit for the year decreased from $4.9 million in 2020 to only $227,982 in 2021, just over breakeven.
According to Rakuten Group, the establishment of Rakuten Securities Holdings, Inc. and the reorganization of the securities firm were completed as planned.
DtpFx Ltd is a forex scam warned by FCA recently. However, it hasn't stopped its steps to scamming after being warned.
Although digital currencies have been around for over a decade, the concept is still foreign to many.