Most recently, Reed served as Senior Sales Account manager at London Capital Group.
He joined the firm as a Sales Account Manager in 2016.
Damian Reed, formerly the Senior Sales Account Manager
at London Capital Group, has landed a new role as the Business Development
Executive at Global Market Index Limited (GMI UK). Based in London, GMI caters
to B2B financial companies and professional traders.
At London Capital Group
According to Reed’s LinkedIn profile, he has been with
the London Capital Group, also based in London, for more than eight years. He
joined the company as a Sales Account Manager in 2016 before being promoted to
Senior Sales Account Manager.
LSG specializes in online trading services and has been in the industry for almost two decades. According to the firm’s LinkedIn
profile, the multi-asset platform features forex, CFDs, shares, and commodities
trading. It is reportedly regulated by the Cyprus Securities Exchange
Commission and the Financial Conduct Authority.
Damian Reed, Source: LinkedIn
Meanwhile, the liquidators of the bankrupt FlowBank announced
plans to sell the bankrupt firm’s entire shareholding at London Capital Group’s
(LCG) UK and to discontinue the business of the affiliated entity in the
Bahamas.
“In respect of LCG UK, the liquidators are currently seeking
a potential purchaser who would be interested in acquiring all the shares in
LCG,” the liquidators from Walder Wyss Ltd mentioned. “in respect of LCG
Bahamas, the liquidators wish to discontinue the operation of LCG Bahamas.”
LCG's Financial Results
Elsewhere, LCG recently released its financial report for 2022, highlighting a boost in revenue despite widening losses. The firm earned just under £2 million, representing a 25% increase compared to £1.6 million posted in the previous year.
At the operational level, however, LCG UK reported a loss of £3.7 million in operations, a reduction of almost £2 million from the figures reported in 2021.
Thus, the net loss for the entire year was £2.4 million, a 30% increase from the previously reported £1.7 million. London Capital Group
Limited is responsible for LCG's
operations in the UK. FlowBank has been in liquidation since June 2024 following a decision by the Swiss regulator.
Damian Reed, formerly the Senior Sales Account Manager
at London Capital Group, has landed a new role as the Business Development
Executive at Global Market Index Limited (GMI UK). Based in London, GMI caters
to B2B financial companies and professional traders.
At London Capital Group
According to Reed’s LinkedIn profile, he has been with
the London Capital Group, also based in London, for more than eight years. He
joined the company as a Sales Account Manager in 2016 before being promoted to
Senior Sales Account Manager.
LSG specializes in online trading services and has been in the industry for almost two decades. According to the firm’s LinkedIn
profile, the multi-asset platform features forex, CFDs, shares, and commodities
trading. It is reportedly regulated by the Cyprus Securities Exchange
Commission and the Financial Conduct Authority.
Damian Reed, Source: LinkedIn
Meanwhile, the liquidators of the bankrupt FlowBank announced
plans to sell the bankrupt firm’s entire shareholding at London Capital Group’s
(LCG) UK and to discontinue the business of the affiliated entity in the
Bahamas.
“In respect of LCG UK, the liquidators are currently seeking
a potential purchaser who would be interested in acquiring all the shares in
LCG,” the liquidators from Walder Wyss Ltd mentioned. “in respect of LCG
Bahamas, the liquidators wish to discontinue the operation of LCG Bahamas.”
LCG's Financial Results
Elsewhere, LCG recently released its financial report for 2022, highlighting a boost in revenue despite widening losses. The firm earned just under £2 million, representing a 25% increase compared to £1.6 million posted in the previous year.
At the operational level, however, LCG UK reported a loss of £3.7 million in operations, a reduction of almost £2 million from the figures reported in 2021.
Thus, the net loss for the entire year was £2.4 million, a 30% increase from the previously reported £1.7 million. London Capital Group
Limited is responsible for LCG's
operations in the UK. FlowBank has been in liquidation since June 2024 following a decision by the Swiss regulator.
Jared Kirui is an Editor at Finance Magnates with more than five years of experience in financial journalism. He covers online trading, fintech, payments, and crypto industries with a focus on companies, regulation and compliance, executive moves, trading technology, and market analysis.
His work has been featured in other media outlets, including Benzinga, ZyCrypto, The Distributed, and The Daily Hodl.
Education:
Bachelor of Commerce degree (Finance option), University of Nairobi
BMLL Appoints Futures Veteran to US Derivatives Role
FP Markets Winner Spotlight 🏆 | Global Broker of the Year 2025 #Trading #Broker #Innovation #Shorts
FP Markets Winner Spotlight 🏆 | Global Broker of the Year 2025 #Trading #Broker #Innovation #Shorts
FP Markets takes the spotlight as Global Broker of the Year 2025 at the Finance Magnates Awards.
Martin Stoilov, Head of Client Experience, shares that trust, innovation, and people played a key role in the company’s success, supported by a strong foundation of integrity and client-centricity.
Following this milestone, FP Markets continues to focus on growth, technology investment, and its core values of transparency and excellence.
👉 Be part of FM Awards 2026: https://awards.financemagnates.com/#nominate
FP Markets takes the spotlight as Global Broker of the Year 2025 at the Finance Magnates Awards.
Martin Stoilov, Head of Client Experience, shares that trust, innovation, and people played a key role in the company’s success, supported by a strong foundation of integrity and client-centricity.
Following this milestone, FP Markets continues to focus on growth, technology investment, and its core values of transparency and excellence.
👉 Be part of FM Awards 2026: https://awards.financemagnates.com/#nominate
In this video, we review @HolaPrimeMarketsOfficial, a multi-asset forex and CFDs broker offering different account types, trading platforms, and flexible trading conditions.
We cover the broker’s overall offering, including account options, trading environment, platforms like MT4 and MT5, and additional services such as managed accounts and fast withdrawals.
Watch the full video to see if Hola Prime Markets fits your trading needs.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#HolaPrime #ForexBroker #CFDTrading #FinanceMagnates #Trading #Forex #BrokerReview
In this video, we review @HolaPrimeMarketsOfficial, a multi-asset forex and CFDs broker offering different account types, trading platforms, and flexible trading conditions.
We cover the broker’s overall offering, including account options, trading environment, platforms like MT4 and MT5, and additional services such as managed accounts and fast withdrawals.
Watch the full video to see if Hola Prime Markets fits your trading needs.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#HolaPrime #ForexBroker #CFDTrading #FinanceMagnates #Trading #Forex #BrokerReview
Hola Prime Review: What You Need to Know | Full Breakdown by Finance Magnates
Hola Prime Review: What You Need to Know | Full Breakdown by Finance Magnates
In this video, we review @HolaPrime_Global, a proprietary trading firm offering evaluation programs and performance-based payouts in simulated market environments.
We cover how the challenge model works, including account types, profit splits (up to 95%), trading rules, and what it takes to reach a funded account. You’ll also learn about available platforms like MT4, MT5, cTrader, and more, along with insights into payouts, support, and trading conditions.
Watch the full video to see if Hola Prime fits your trading style.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#HolaPrime #PropFirm #Trading #FinanceMagnates #Forex #FuturesTrading #TradingReview #PropFirmReview
In this video, we review @HolaPrime_Global, a proprietary trading firm offering evaluation programs and performance-based payouts in simulated market environments.
We cover how the challenge model works, including account types, profit splits (up to 95%), trading rules, and what it takes to reach a funded account. You’ll also learn about available platforms like MT4, MT5, cTrader, and more, along with insights into payouts, support, and trading conditions.
Watch the full video to see if Hola Prime fits your trading style.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#HolaPrime #PropFirm #Trading #FinanceMagnates #Forex #FuturesTrading #TradingReview #PropFirmReview
Axi Winner Spotlight 🏆 | Global Most Innovative Broker 2025 #Innovation #Trading #Fintech #Broker
Axi Winner Spotlight 🏆 | Global Most Innovative Broker 2025 #Innovation #Trading #Fintech #Broker
Axi takes the spotlight at the Finance Magnates Awards, winning Global Most Innovative Broker 2025.
Olivia Xenofontos and Ivanna Openko share how the team will feel: proud, motivated, and ready to keep delivering.
They also describe the night as well-organized, focused, and enjoyable for all.
👉 Be part of FM Awards 2026.
Axi takes the spotlight at the Finance Magnates Awards, winning Global Most Innovative Broker 2025.
Olivia Xenofontos and Ivanna Openko share how the team will feel: proud, motivated, and ready to keep delivering.
They also describe the night as well-organized, focused, and enjoyable for all.
👉 Be part of FM Awards 2026.
Recognition that matters.
Built on transparency.
Driven by the industry.
The Finance Magnates Awards 2026.
Nominations are now open.
🔗 https://awards.financemagnates.com/?utm_source=SM&utm_medium=social&utm_campaign=recognition-matters
Recognition that matters.
Built on transparency.
Driven by the industry.
The Finance Magnates Awards 2026.
Nominations are now open.
🔗 https://awards.financemagnates.com/?utm_source=SM&utm_medium=social&utm_campaign=recognition-matters
