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London-based Angus Irvine commenced his fifteenth year in the FX industry recently, however, as fast-moving as the electronic trading business is, Mr. Irvine has been a loyal executive to relatively few firms during that time period.
His latest venture is a consultancy role, in which he is currently assisting Mauritius-based FX and CFD firm VIBHS Financials in obtaining its Financial Conduct Authority (FCA) license and establish its operations in London.
The British electronic trading market has generated universal interest among many companies recently, with IronFX and Admiral Markets both having established London offices and gained FCA regulation this year, as well as GAIN Capital having paid $118 million to acquire City Index, and Charles-Henri Sabet’s £17 million interest in London Capital Group.
The ability for firms to take contract for difference (CFD) platforms overseas is becoming increasingly popular, and indeed VIBHS Financial will be able to increase its profile by being based in London, with FCA regulation.
In the 1990s, Mr. Irvine’s rather more rural pursuits provided his livelihood, with three years spent as Assistant Farm Manager at the Mississippi State University followed by two years as South East Regional Officer for the British Association for Shooting and Conservation.
When the 1990s gave way to the new millennium, Mr. Irvine moved into FX, joining ODL Securities as Head of Online Trading, a post that he would go on to hold for some ten years.
In September 2010, Mr. Irvine’s decade at ODL Securities signaled a move to FXCM in London as Head of Online Trading, before being promoted in August 2011 to Head of Retail On-Exchange.
Mr. Irvine’s first executive position came in 2012, when he was appointed Vice President Business Development at FXCM, where he was instrumental in the development of a new whitelabel multi-asset trading platform, including middle and back offices; incorporating on-exchange products as well as FX, CFDs, funds and bonds.
In this position, Mr. Irvine had responsibility for vendor selection and management of stakeholder relationships, and managed the sales process from prioritization through project management.
Taking this experience into a consultancy role in September last year, Mr. Irvine began to provide professional services management consultancy to FX industry participants on a freelance basis, during which time he prepared a Malaysian FX broker, and a Russian FX broker for Financial Conduct Authority (FCA) regulation in Britain, as well as installed standard operating procedures for sales process and onboarding, as well as having completed event planning with oversight of sales, operations and IT departments.
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