ETX Capital CEO John Wilson Retires

John Wilson, the co-CEO at ETX Capital, a London-based financial spread-betting and contracts-for-difference provider, has retired. Finance Magnates received confirmation from both Wilson and the broker.

Wilson joined the company in 2010 and remained in the apex position for nearly a decade. From January 2019, he shared his leadership role with Philip Adler when he was promoted from his position as chief operating officer. Currently, Adler is running the company.

Wilson’s retirement followed the acquisition of ETX Capital by Swiss private equity firm Guru Capital.

An Engineer-Turned-Financial Expert

Being a financial industry veteran, he has served various companies in his career spanning four decades.

As mentioned in his Linkedin profile, he has held board level and senior roles in global investment banks and smaller entrepreneurial enterprises. This goes along with his deep experience in Equities Equities Equities can be characterized as stocks or shares in a company that investors can buy or sell. When you buy a stock, you are in essence buying an equity, becoming a partial owner of shares in a specific company or fund.However, equities do not pay a fixed interest rate, and as such are not considered guaranteed income. As such, equity markets are often associated with risk.When a company issues bonds, it’s taking loans from buyers. When a company offers shares, on the other hand, it’s selling pa Equities can be characterized as stocks or shares in a company that investors can buy or sell. When you buy a stock, you are in essence buying an equity, becoming a partial owner of shares in a specific company or fund.However, equities do not pay a fixed interest rate, and as such are not considered guaranteed income. As such, equity markets are often associated with risk.When a company issues bonds, it’s taking loans from buyers. When a company offers shares, on the other hand, it’s selling pa Read this Term, fixed income, asset management, and investment banking.

He joined ETX from Baikal Global, which is a pan-European multilateral trading facility for the Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term of non-display orders. There, he led the company for two years through its merger and dilution with Turquoise.

Prior to this, he founded and served as a principal at Expert Analysis Group. This UK’s Financial Services Authority-regulated company provides traditional and alternative investors, investment banks, and corporate clients access to experienced experts.

He was also the head of European equities and fixed income research at Lehman Brothers for seven years and parted with it months before the investment bank giant filed for bankruptcy. Earlier on, he held a similar position at UBS Investment Bank at its overseas branches, including the UK and Japan.

Wilson was a civil engineer by trade and started his career with the oil and gas giant, Shell, as a field engineer, but he made the switch to finance after earning his PhD in engineering from the University of Cambridge.