The Autorité des marchés (AMF) announced that Frédéric Pelèse, who had been seconded to the European Commission since 2014, has returned to the AMF on 16 October 2017 as Deputy Executive Director of the DRAI. He will assist Natasha Cazenave, Managing Director of the DRAI, with all her responsibilities. Frédéric Pelèse, 41, is a graduate…
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LeapRate Exclusive... LeapRate has learned that Nukkleus Inc (OTCMKTS:NUKK), the parent company of Retail FX broker FXDD, will be appointing Donald P. Fewer as an independent director on its Board, in place of the departing Jack Lahav. Nukkleus is controlled by former Compagnie Financiere Tradition executive Emil Assentato. Mr. Assentato has an effective 80% interest in both FXDD…
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Interdealer broker TP ICAP (LON:TCAP) has announced the appointment of Edmund Ng as an independent Non-executive Director. This follows the decision by the Board, as outlined in the 2016 Annual Report, to recruit a new Non-executive Director from Asia. Edmund Ng is based in Hong Kong and has extensive experience of Asia. Edmund Ng is…
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The changes at Saxo Bank have begun. In the first major move made at the Copenhagen based multi asset broker since China's Geely Group became the controlling shareholder in Saxo Bank earlier this month (pending regulatory approval), LeapRate has learned that Saxo has agreed to the departure of longtime UK office head Matteo Cassina. Aside from acting…
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LeapRate Exclusive... LeapRate has learned that Australia based Retail FX broker AxiTrader has hired Mario Soto as Country Head Philippines. Mr. Soto will continue to be based in Sydney. Mario Soto has been in the FX sector since 2010. He was previously Head of Sales Asia Pacific at Easy Forex (now easyMarkets). He has also worked…
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Electronic trading network operator NEX Group PLC (LON:NXG) has announced that it is undertaking what it calls a "significant restructure" of its post trade division NEX Optimisation, which will see the departure of CEO Jenny Knott. Jenny Knott joined ICAP, now NEX, in August 2015 with a strategic mandate to transform the company's portfolio of post trade, risk…
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LeapRate Exclusive… The integration of Tickmill and Vipro Markets continues. Just several days after we reported exclusively that Retail FX and CFDs broker Tickmill has named Philippos Psyllos as Group CTO, LeapRate has learned that Tickmill has promoted Marilena Iakovou to Group Chief Marketing Officer (CMO). The Cyprus based Ms. Iakovou had joined CySEC regulated…
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HSBC Holdings plc (NYSE:HSBC) announced that John Flint, Chief Executive of Retail Banking and Wealth Management, will succeed Stuart Gulliver as Executive Director and Group Chief Executive. This will be effective from 21 February 2018 after Stuart has stepped down from both roles and retired from HSBC. Group Chairman Mark Tucker, who led the search to…
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State Street Corporation (NYSE: STT) announced that James Reilly has joined State Street as global head of Currenex, a technology provider offering the FX community high-performance technology and access to deep pools of liquidity for anonymous and disclosed trade execution. Reilly will focus on expanding the business and creating new partnerships. Additionally, Stephen Dispenza has…
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Abu Dhabi based global international financial services firm ADS Securities LLC has announced the promotion of Matt Chow to the role of Head of Business Development for its APAC region. Matt Chow joined ADS Securities in 2012 as an SVP in the Institutional Sales team before being made Head of Business Development for Greater China.…
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