Eurotrader Appoints ex-ThinkMarkets Exec Marcelo Spina as Group CEO

Eurotrader, a multi-asset retail broker, has appointed Marcelo Spina, the former Global Head of Business Development at ThinkMarkets, as its new Group Chief Executive Officer.

Spina, a forex and finance industry veteran, brings almost three decades of experience to the role.

The executive left ThinkMarkets in January last year to launch Operar FX, a forex consultancy and retail trading Retail Trading In finance, retail trading refers to individual traders, trading through a broker, or on a platform. This can include novice traders and experienced traders. Trading and investing are divided into two categories, retail and institutional. Institutions include investment banks like JP Morgan or Citibank and global central banks like the US Federal Reserve and the European Central Bank. When we talk about retail trading however, we usually are referring to forex trading, but there are retail trade In finance, retail trading refers to individual traders, trading through a broker, or on a platform. This can include novice traders and experienced traders. Trading and investing are divided into two categories, retail and institutional. Institutions include investment banks like JP Morgan or Citibank and global central banks like the US Federal Reserve and the European Central Bank. When we talk about retail trading however, we usually are referring to forex trading, but there are retail trade Read this Term brand focused on serving markets primarily in Latin America.

The veteran has now left his role as the London-based startup's CEO to join Eurotrader which facilitates forex, stocks, crypto, indices and commodities trading.

Spina announced the new position on Thursday in an update on LinkedIn.

Like his previous roles, the executive’s position is based in London, United Kingdom.

Spina describes himself as a “management professional that has focused primarily in the financial markets.”

In the retail forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term market, the veteran works with sales and other departments to grow the overall business and improve efficiencies and profitability.

An Industry Veteran

Before joining ThinkMarkets in August 2019, Spina was the Global Head of Partnerships at ForexTime (FXTM) in London.

He previously worked at FXTM as the Vice President of Sales between 2005 and 2008.

Spina spent his longest career stay at GAIN Capital, a US-based provider of online trading services.

He joined the firm in April 2008 as the Senior Vice President (SVP) of Global Operations, which is a duty he spent over seven years fulfilling.

He became the SVP of Partnerships in August 2015 and spent two years and three months in the position before joining Saxo Markets as a Senior Director in December 2017.

One of Spina’s earliest career experiences was at a top global investment bank and wealth management company, Morgan Stanley, where he was an associate between 1996 and 2000.

Spina started his career in 1993 as an intern at PaineWebber, a US-based investment bank and stock brokerage firm acquired by Swiss bank UBS in 2000.