Lee Holmes Steps Down as Infinox’s UK CEO

Lee Holmes has stepped down as the Chief Executive of Infinox's United Kingdom unit at the end of last month. His exit came almost a year after he took over the top role at the company.

It remains unclear, however, whether he held a senior role in Infinox’s non-UK entities. Finance Magnates reached out to Infinox but had not received a response as of press time.

Apart from the UK unit, Infinox operates a Mauritius-regulated entity and has registered businesses in Anguilla and Cyprus.

The name of his replacement as UK CEO has also not yet been announced.

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Ups and Downs in the Business

Under Holmes’ leadership, Infinox had a roller-coaster ride. On the positive side, the company acquired Nordic region-focused Skilling last October, expanding the group’s geographical reach. Finance Magnates, however, reported that Infinox's institutional division suspended numerous new institutional trading activities last year, citing suspicious activity and potential breaches of market conduct standards.

Holmes spent a significant part of his career at Infinox, with two tenures at the company. He initially spent a year in an executive role at the company until around the first quarter of 2023, but left before returning in late 2024.

Between his two Infinox tenures, he had short stints at the institutional divisions of Hantec Markets and Exinity. His career also includes significant experience at ATFX UK and FXCM, where he worked in institutional and introducing broker sales roles.

His extensive background in institutional sales and liquidity management positions him well to accelerate Infinox’s IXO Prime business focus.