Newly launched Royal Financial Trading appoints former GFT Markets senior executive as CEO

As the next step in Andrew Taylor’s senior level career within the FX industry, he has been selected to serve as CEO of Royal Financial Markets (OTCQX:RYFL), a publicly listed firm which is listed on the OTC Markets secondary marketplace for companies which trade on several trading venues worldwide.

Mr. Taylor joins Royal Financial Trading in this leadership capacity at a time when Royal Financial, which is the holding company for Royal Savings Bank, has qualified to trade on OTCQX, which encompasses the organization of securities into not only the OTCQX marketplace, but also OTCQB and OTC Pink venues, which as an entirety have $1.7 Trillion in market capitalization.

Before joining Royal Financial Trading this month, Mr. Taylor spent almost two years as COO of Invast Securities in Australia, preceded by almost five years at GFT Markets in Australia in several leadership roles, including Market Strategiest.

Three years as Managing Director and Founder of Tailored Markets, also in Australia, followed almost two years as Business Director at Easy Forex between 2003 and 2005.

Whilst Mr. Taylor’s current assignment represents a firm which is listed on a US-based marketplace, his Australian provenance stretches back further than the aforementioned firms, having spent six years at Tullet Prebon in the 1990s, with a stint as a Spot FX trader at Westpac leading him into the final decade of the 20th century.

Two days ago, R. Cromwell Coulson, President and CEO of OTC Markets Group made a commercial statement with regard to Royal Financial Trading joining the OTCFX marketplace: “We are thrilled to welcome Royal Financial to the OTCQX marketplace. Qualifying to trade on OTCQX confirms Royal Financial as a well-managed, strongly-capitalized financial institution that is committed to providing transparent disclosure and trading to its shareholders.”

“We are pleased to announce that Royal Financial will trade on OTCQX,” said Leonard Szwajkowski, President of Royal Financial. “OTCQX provides an excellent vehicle for Royal to continue to provide transparent disclosure to investors, and we believe that it will facilitate the investing activities of our shareholders and other investors.”

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