Exclusive: Destek Markets UK On-Boards Daniel Lawrance

Destek Markets UK has just secured its latest senior hire, adding Daniel Lawrance as its newest Institutional Sales Director. He steps into the role with immediate effect, joining the group from GKFX, Finance Magnates has learned.

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Destek Markets UK has already had an eventful year, gaining a license from the UK’s Financial Conduct Authority (FCA) Financial Conduct Authority (FCA) The Financial Conduct Authority (FCA) is the largest financial regulator for all financial markets in the United Kingdom (UK).The UK regulator is responsible for the conduct of firms authorized under the Financial Services and Markets Act 2000. Moreover, the FCA is also responsible for the regulation of behavior in retail and wholesale financial markets, supervision of the trading infrastructure that supports those markets, and the prudential regulation of firms not regulated by the PRA. Its rol The Financial Conduct Authority (FCA) is the largest financial regulator for all financial markets in the United Kingdom (UK).The UK regulator is responsible for the conduct of firms authorized under the Financial Services and Markets Act 2000. Moreover, the FCA is also responsible for the regulation of behavior in retail and wholesale financial markets, supervision of the trading infrastructure that supports those markets, and the prudential regulation of firms not regulated by the PRA. Its rol Read this Term) back in February. The was an instrumental stroke for the group as continues to expand its global footprint, which has seen its market penetration grow throughout the calendar year.

Mr. Lawrance commented exclusively to Finance Magnates: “This is a great opportunity for me to join a very experienced management team within the FX industry. The product range meets the needs of sophisticated clients globally in an ever-changing industry.”

In his new role Mr. Lawrance will be based out of London, reporting to the group’s recently appointed CEO, Matthew Wright. He will be responsible for growing the group’s institutional sales base in the UK, familiar ground for the FX veteran.

Prior to joining Destek Markets UK, he worked at GKFX as its Director of Institutional Sales in London. Additional senior roles include stints at IG Group as its Senior Institutional Sales Director, Saxo Capital Markets UK and CMC Markets, both in sales and management. Collectively he has been involved in FX sales for the past fourteen years, dating back to 2003.

“I am looking forward to playing a key role in assisting with the company’s expansion plans in the Institutional market place globally. Destek means support in Turkish and this is what we are looking to continually achieve with our existing and new partners to meet their trading needs,” explained Mr. Lawrance.