Forex Magnates has learned that the Managing Director and Head of EMEA GTX Sales, Peter Cronin is parting ways with GAIN Capital. This is the second executive to leave GTX recently including Mr. Cronin’s boss.
Mr. Cronin was hired only in August of last year to manage the growing GTX, GAIN Capital’s institutional business, in Europe, the Middle East and Africa, and reported directly to the now former Executive Vice President and Head of GTX, Joseph Wald, who also left the company at about the same time.
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Previous to joining GAIN Capital, Mr. Cronin worked as the Head of EMEX e-Commerce at UBS Investment Bank, as part of a 13-year career at the Swiss investment bank.
On his LinkedIn profile Mr. Cronin describes his achievements at GAIN Capital as: “Grew market share and market perception for Gain GTX by acquiring key clients throughout EMEA, including Banks, HFs, AMs and HNWI, as well as representing Gain at market events.” He also mentions that he is now looking for a new opportunity.