Executive moves that dominated the week's news for the forex, crypto and fintech industries.
As we enter the month of October and await winter, we observe a reversal from last week and experience a marginal increase in the number of new executives being onboard in the forex, crypto, and fintech industries. Let’s review this uptick with the executives who have taken on recent roles and challenges in our executive moves roundup of the week.
Executive Moves of the Week
Jason Nabi
Ex-Big Banks Executive Joins GCEX for Strategic Expansion
After
spending over thirty years in organizations such as the International Securities Services Association (ISSA) and Euroclear as well
as major banks including Societe Generale and HSBC, industry professional Jason
Nabi has joined GCEX. Nabi, located in the UK, will concentrate on driving growth
from institutional and professional clients. His appointment comes as the prime
brokerage firm aims to expand its global presence.
Nabi
brings a wealth of senior leadership experience to GCEX, spanning institutional
capital markets, digital assets, and digital Financial Market Infrastructures. His career has seen him in leadership roles at several major firms,
including Bosonic, where he was the Chief Revenue Officer, as well as
Paxos, BNP Paribas, HSBC, Bloomberg, and IBM.
ACY Securities Appoints Alchaar
as Chief Economist
ACY
Securities, a global multi-asset CFD broker, has welcomed Dr Nedal Alchaar as
the Chief Economist for their MENA team. Dr Alchaar is a renowned figure in
finance, economics, and academia, with a rich background that includes serving
as the Minister of Economy and Trade in Syria.
He has also
been an adjunct professor at George Washington University and has received
multiple accolades, including nominations for the Nobel Prize. ACY Securities
believes that Dr Alchaar's expertise will significantly benefit their clients
and keep the company at the forefront of industry innovation.
Volker Steuer
Deutsche Bank Appoints New
Head of Human Resources
Deutsche
Bank has named Volker Steuer as its new Head of Human Resources. Steuer, who
has been with the bank for over 30 years, will report to Rebecca Short, a Member
of the Management Board and the Group's Chief Operating Officer.
The
appointment is part of Deutsche Bank's ongoing transformation, and Steuer aims
to focus on evolving the workforce to meet changing client expectations and
market conditions.
ClearBank Group Holdings
Expands Board for Global Growth
ClearBank
Group Holdings has announced the appointment of four new non-executive
directors as it gears up for international expansion. The new appointees
include Peter Herbert as the Group Chair, Tim Wade as the Senior Independent Director,
Richard Anderson as the Group Chair of the Risk Committee, and Susanne Hannestad as a Non-Executive Director.
The new
board members bring a wealth of experience in banking, payments, and business
transformation. Peter Herbert previously served as the Chair for the Bank of Ireland (UK) and Zopa Bank. Tim Wade has senior management experience
with Royal Bank of Canada Europe Ltd and Virgin Money PLC. Richard Anderson and
Susanne Hannestad also bring specialized skills in risk management and global
operations, respectively.
The appointments are expected to significantly
contribute to ClearBank's international growth plans over the next year.
Swati Saxena Joins ADSS as
SRM
The FC/CFDs industry veteran with over 15 years of experience, Swati Saxena, informed this
week that she had joined ADSS as the Senior Relationship Manager (SRM). Previously, Saxena
worked for almost three years for INFINOX Global in the Institutional Sales and Business
Development Department.
In the past,
Saxena was associated with CFI, Windsor Brokers, Hantec Markets, X Open Hub. Her first known position was at BGC Partners where she spent more than five years.
Goldman Sachs Appoints New
Head for Australia and New Zealand ECM
Goldman
Sachs has named Aaron Lamshed as the new head of equity capital markets
advisory for Australia and New Zealand. The appointment comes as the bank's
existing ECM Chief, Ian Taylor, steps aside to take on a corporate role.
The change
is part of a series of shifts in the bank's upper management in the region.
Laser Digital Strengthens Leadership with Hideaki Kudo's Appointment
Laser
Digital has announced the appointment
of Hideaki Kudo as a Representative Director and the Head of Laser's newly
established Tokyo office.
Hideaki
Kudo brings a wealth of experience to the role, having previously served
as an Executive Director at Nomura's Digital Company. In this role, he was
responsible for shaping Nomura's digital asset strategy. He supervised critical
projects such as the development of security tokens for the Nomura Group and
orchestrated the launch of the first real estate security token offering in Japan.
Before
joining the Digital Company, Kudo held the position of Senior Portfolio Manager
at Nomura Asset Management, contributing
to the Nomura Group's success since 2007.
As we enter the month of October and await winter, we observe a reversal from last week and experience a marginal increase in the number of new executives being onboard in the forex, crypto, and fintech industries. Let’s review this uptick with the executives who have taken on recent roles and challenges in our executive moves roundup of the week.
Executive Moves of the Week
Jason Nabi
Ex-Big Banks Executive Joins GCEX for Strategic Expansion
After
spending over thirty years in organizations such as the International Securities Services Association (ISSA) and Euroclear as well
as major banks including Societe Generale and HSBC, industry professional Jason
Nabi has joined GCEX. Nabi, located in the UK, will concentrate on driving growth
from institutional and professional clients. His appointment comes as the prime
brokerage firm aims to expand its global presence.
Nabi
brings a wealth of senior leadership experience to GCEX, spanning institutional
capital markets, digital assets, and digital Financial Market Infrastructures. His career has seen him in leadership roles at several major firms,
including Bosonic, where he was the Chief Revenue Officer, as well as
Paxos, BNP Paribas, HSBC, Bloomberg, and IBM.
ACY Securities Appoints Alchaar
as Chief Economist
ACY
Securities, a global multi-asset CFD broker, has welcomed Dr Nedal Alchaar as
the Chief Economist for their MENA team. Dr Alchaar is a renowned figure in
finance, economics, and academia, with a rich background that includes serving
as the Minister of Economy and Trade in Syria.
He has also
been an adjunct professor at George Washington University and has received
multiple accolades, including nominations for the Nobel Prize. ACY Securities
believes that Dr Alchaar's expertise will significantly benefit their clients
and keep the company at the forefront of industry innovation.
Volker Steuer
Deutsche Bank Appoints New
Head of Human Resources
Deutsche
Bank has named Volker Steuer as its new Head of Human Resources. Steuer, who
has been with the bank for over 30 years, will report to Rebecca Short, a Member
of the Management Board and the Group's Chief Operating Officer.
The
appointment is part of Deutsche Bank's ongoing transformation, and Steuer aims
to focus on evolving the workforce to meet changing client expectations and
market conditions.
ClearBank Group Holdings
Expands Board for Global Growth
ClearBank
Group Holdings has announced the appointment of four new non-executive
directors as it gears up for international expansion. The new appointees
include Peter Herbert as the Group Chair, Tim Wade as the Senior Independent Director,
Richard Anderson as the Group Chair of the Risk Committee, and Susanne Hannestad as a Non-Executive Director.
The new
board members bring a wealth of experience in banking, payments, and business
transformation. Peter Herbert previously served as the Chair for the Bank of Ireland (UK) and Zopa Bank. Tim Wade has senior management experience
with Royal Bank of Canada Europe Ltd and Virgin Money PLC. Richard Anderson and
Susanne Hannestad also bring specialized skills in risk management and global
operations, respectively.
The appointments are expected to significantly
contribute to ClearBank's international growth plans over the next year.
Swati Saxena Joins ADSS as
SRM
The FC/CFDs industry veteran with over 15 years of experience, Swati Saxena, informed this
week that she had joined ADSS as the Senior Relationship Manager (SRM). Previously, Saxena
worked for almost three years for INFINOX Global in the Institutional Sales and Business
Development Department.
In the past,
Saxena was associated with CFI, Windsor Brokers, Hantec Markets, X Open Hub. Her first known position was at BGC Partners where she spent more than five years.
Goldman Sachs Appoints New
Head for Australia and New Zealand ECM
Goldman
Sachs has named Aaron Lamshed as the new head of equity capital markets
advisory for Australia and New Zealand. The appointment comes as the bank's
existing ECM Chief, Ian Taylor, steps aside to take on a corporate role.
The change
is part of a series of shifts in the bank's upper management in the region.
Laser Digital Strengthens Leadership with Hideaki Kudo's Appointment
Laser
Digital has announced the appointment
of Hideaki Kudo as a Representative Director and the Head of Laser's newly
established Tokyo office.
Hideaki
Kudo brings a wealth of experience to the role, having previously served
as an Executive Director at Nomura's Digital Company. In this role, he was
responsible for shaping Nomura's digital asset strategy. He supervised critical
projects such as the development of security tokens for the Nomura Group and
orchestrated the launch of the first real estate security token offering in Japan.
Before
joining the Digital Company, Kudo held the position of Senior Portfolio Manager
at Nomura Asset Management, contributing
to the Nomura Group's success since 2007.
Coming from a background in English Education, Tom joined Finance Magnates in Autumn 2020, originally as a Content Specialist and Proofreader in his first year. Having completed three successful years with the FM News desk, he has since worked with the team as both an editor and a proofreader.
Previously, he spent almost two decades in the field of education, working around the globe at different institutions and companies, which has influenced him considerably after being immersed in various cultures and business environments.
Now fully developed in this field, he is relishing the challenge of constantly adapting to the ever-changing fintech industry and all the developments that arise.
He holds a bachelor's degree in Marketing and a higher diploma in English Teaching from Cambridge University.
You are listening to Finance Magnates Daily Brief. Brought to you by Finance Magnates Intelligence. It’s Friday, the twenty-second of May 2026, and these are our main stories: Interactive Brokers expands its view of prediction markets as an information tool for investors. US prop firms move closer to CFTC oversight structures. And a Polish fintech CEO is detained in the United States.
You are listening to Finance Magnates Daily Brief. Brought to you by Finance Magnates Intelligence. It’s Friday, the twenty-second of May 2026, and these are our main stories: Interactive Brokers expands its view of prediction markets as an information tool for investors. US prop firms move closer to CFTC oversight structures. And a Polish fintech CEO is detained in the United States.
You are listening to Finance Magnates Daily Brief. Brought to you by Finance Magnates Intelligence. It’s Friday, the twenty-second of May 2026, and these are our main stories: Interactive Brokers expands its view of prediction markets as an information tool for investors. US prop firms move closer to CFTC oversight structures. And a Polish fintech CEO is detained in the United States.
You are listening to Finance Magnates Daily Brief. Brought to you by Finance Magnates Intelligence. It’s Friday, the twenty-second of May 2026, and these are our main stories: Interactive Brokers expands its view of prediction markets as an information tool for investors. US prop firms move closer to CFTC oversight structures. And a Polish fintech CEO is detained in the United States.
You are listening to Finance Magnates Daily Brief. Brought to you by Finance Magnates Intelligence. Today's Thursday, the twenty first of May 2026, and these are our main stories: CFD broker CMC Markets and Binance both target SpaceX exposure on the same day, IG Japan pauses retail vanilla options trading, and prediction markets expand across brokers and exchanges.
You are listening to Finance Magnates Daily Brief. Brought to you by Finance Magnates Intelligence. Today's Thursday, the twenty first of May 2026, and these are our main stories: CFD broker CMC Markets and Binance both target SpaceX exposure on the same day, IG Japan pauses retail vanilla options trading, and prediction markets expand across brokers and exchanges.
You are listening to Finance Magnates Daily Brief. Brought to you by Finance Magnates Intelligence. Today's Thursday, the twenty first of May 2026, and these are our main stories: CFD broker CMC Markets and Binance both target SpaceX exposure on the same day, IG Japan pauses retail vanilla options trading, and prediction markets expand across brokers and exchanges.
You are listening to Finance Magnates Daily Brief. Brought to you by Finance Magnates Intelligence. Today's Thursday, the twenty first of May 2026, and these are our main stories: CFD broker CMC Markets and Binance both target SpaceX exposure on the same day, IG Japan pauses retail vanilla options trading, and prediction markets expand across brokers and exchanges.
You are listening to Finance Magnates Daily Brief. Brought to you by Finance Magnates Intelligence. Today's Thursday, the twenty first of May 2026, and these are our main stories: CFD broker CMC Markets and Binance both target SpaceX exposure on the same day, IG Japan pauses retail vanilla options trading, and prediction markets expand across brokers and exchanges.
You are listening to Finance Magnates Daily Brief. Brought to you by Finance Magnates Intelligence. Today's Thursday, the twenty first of May 2026, and these are our main stories: CFD broker CMC Markets and Binance both target SpaceX exposure on the same day, IG Japan pauses retail vanilla options trading, and prediction markets expand across brokers and exchanges.
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Today’s lead: CFD brokers show a wide divergence in per-account trading activity. Also ahead, a deep dive into IG Group and XTB’s latest numbers. It's Wednesday, 20 May 2026. You're listening to the Finance Magnates Daily Brief.
Today’s lead: CFD brokers show a wide divergence in per-account trading activity. Also ahead, a deep dive into IG Group and XTB’s latest numbers. It's Wednesday, 20 May 2026. You're listening to the Finance Magnates Daily Brief.
Today’s lead: CFD brokers show a wide divergence in per-account trading activity. Also ahead, a deep dive into IG Group and XTB’s latest numbers. It's Wednesday, 20 May 2026. You're listening to the Finance Magnates Daily Brief.
Today’s lead: CFD brokers show a wide divergence in per-account trading activity. Also ahead, a deep dive into IG Group and XTB’s latest numbers. It's Wednesday, 20 May 2026. You're listening to the Finance Magnates Daily Brief.
Today’s lead: CFD brokers show a wide divergence in per-account trading activity. Also ahead, a deep dive into IG Group and XTB’s latest numbers. It's Wednesday, 20 May 2026. You're listening to the Finance Magnates Daily Brief.
Today’s lead: CFD brokers show a wide divergence in per-account trading activity. Also ahead, a deep dive into IG Group and XTB’s latest numbers. It's Wednesday, 20 May 2026. You're listening to the Finance Magnates Daily Brief.
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Today's lead: IG Group has lifted its full-year revenue outlook after a strong quarter. Also ahead, Swissquote sets a date for its one-to-ten share split. And CMC Markets’ UK head says neobanks are becoming trading distributors. It’s Tuesday, 19 May 2026. You’re listening to the Finance Magnates Daily Brief.
Today's lead: IG Group has lifted its full-year revenue outlook after a strong quarter. Also ahead, Swissquote sets a date for its one-to-ten share split. And CMC Markets’ UK head says neobanks are becoming trading distributors. It’s Tuesday, 19 May 2026. You’re listening to the Finance Magnates Daily Brief.
Today's lead: IG Group has lifted its full-year revenue outlook after a strong quarter. Also ahead, Swissquote sets a date for its one-to-ten share split. And CMC Markets’ UK head says neobanks are becoming trading distributors. It’s Tuesday, 19 May 2026. You’re listening to the Finance Magnates Daily Brief.
Today's lead: IG Group has lifted its full-year revenue outlook after a strong quarter. Also ahead, Swissquote sets a date for its one-to-ten share split. And CMC Markets’ UK head says neobanks are becoming trading distributors. It’s Tuesday, 19 May 2026. You’re listening to the Finance Magnates Daily Brief.
Today's lead: IG Group has lifted its full-year revenue outlook after a strong quarter. Also ahead, Swissquote sets a date for its one-to-ten share split. And CMC Markets’ UK head says neobanks are becoming trading distributors. It’s Tuesday, 19 May 2026. You’re listening to the Finance Magnates Daily Brief.
Today's lead: IG Group has lifted its full-year revenue outlook after a strong quarter. Also ahead, Swissquote sets a date for its one-to-ten share split. And CMC Markets’ UK head says neobanks are becoming trading distributors. It’s Tuesday, 19 May 2026. You’re listening to the Finance Magnates Daily Brief.
FM Daily Brief - 18 May 2026
FM Daily Brief - 18 May 2026
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Today’s lead: Cyprus authorities detain suspects in a forex-linked criminal probe. Also ahead: Kraken’s IPO timeline slips further, and CMC Markets expands its Spectre product to retail clients. It’s Monday, 18 May 2026. You’re listening to the Finance Magnates Daily Brief.
Today’s lead: Cyprus authorities detain suspects in a forex-linked criminal probe. Also ahead: Kraken’s IPO timeline slips further, and CMC Markets expands its Spectre product to retail clients. It’s Monday, 18 May 2026. You’re listening to the Finance Magnates Daily Brief.
Today’s lead: Cyprus authorities detain suspects in a forex-linked criminal probe. Also ahead: Kraken’s IPO timeline slips further, and CMC Markets expands its Spectre product to retail clients. It’s Monday, 18 May 2026. You’re listening to the Finance Magnates Daily Brief.
Today’s lead: Cyprus authorities detain suspects in a forex-linked criminal probe. Also ahead: Kraken’s IPO timeline slips further, and CMC Markets expands its Spectre product to retail clients. It’s Monday, 18 May 2026. You’re listening to the Finance Magnates Daily Brief.
Today’s lead: Cyprus authorities detain suspects in a forex-linked criminal probe. Also ahead: Kraken’s IPO timeline slips further, and CMC Markets expands its Spectre product to retail clients. It’s Monday, 18 May 2026. You’re listening to the Finance Magnates Daily Brief.
Today’s lead: Cyprus authorities detain suspects in a forex-linked criminal probe. Also ahead: Kraken’s IPO timeline slips further, and CMC Markets expands its Spectre product to retail clients. It’s Monday, 18 May 2026. You’re listening to the Finance Magnates Daily Brief.