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Abstract:Executive moves that dominated the week's news.
Looking towards the end of October, again we see fewer executive roles this week possibly due to the digital winter and its effect on 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.
CMC Markets has hired Nathan Sage as its Equities Risk Trading Manager. The executive announced his appointment at CMC Markets on Thursday in an update to his LinkedIn profile.
Sage with more than seven years of trading experience in FX, spreadbetting and CFDs markets was previously a Senior Trader at BUX. He departed BUX, where he first worked as a Trader and later Senior Trader, after a four-year career stay that started in July 2018.
Alpha FX Group (LON: AFX) has announced the appointment of Tim Powell to its team. Powell will serve as the Chief Financial Officer (CFO) and as an Executive Director of the Board.
He will replace Tim Kidd as the CFO who announced his plans to retire in January 2022. Kidd will also leave the Board on 1 December 2022, making a place for the new CFO but will continue to support the company's operations until the full 2022 financial report is published.
ThinkMarkets has hired Chantelle Lea as its new Marketing Manager. Lea joined ThinkMarkets from Shanghai-headquartered forex and contract for difference (CFD) broker, Global Market Index (GMI) where she was the Head of Marketing.
The executive joined GMI in June this year and until her departure oversaw the broker‘s business marketing strategy and brand presence development. Additionally, she provided leadership for the broker’s online and international marketing team.
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.
Elon Musk has issued a stark warning about the US's financial stability, suggesting that the country is heading toward bankruptcy "super-fast" unless drastic measures are taken. The billionaire's financial commentary comes amid Bitcoin's retreat from its anticipated $100,000 milestone. The cryptocurrency recently fell to just above $95,000, down from a high of $99,000.
Webull Financial, alongside Lightspeed Financial Services Group and Paulson Investment Company, LLC, has agreed to pay a collective fine of $275,000 following an investigation by the US Securities and Exchange Commission (SEC). The penalty was issued due to the firms’ failure to include essential information in suspicious activity reports (SARs) over a four-year period.
Barclays has reached a settlement with the UK’s Financial Conduct Authority (FCA), agreeing to pay a £40 million fine for failing to adequately disclose arrangements with Qatari investors during its critical fundraising efforts amidst the 2008 financial crisis.
The UK FCA imposes a £40 million fine on Barclays for failing to disclose critical information about its 2008 capital raising with Qatari entities.