IG Group’s Non-Executive Board Member Sam Tymms Steps Down
- The non-non-executive director steps down after six years on the board of the retail brokerage
IG Group officially announced this morning the resignation of its Non-Executive Director Sam Tymms. The move will take effect when Tymms steps down from her role after a Board meeting scheduled for March 20.
Tymms leaves the board of IG Group after six years, during which she shared her expertise in the financial industry with the company. Before joining the brokerage, she held a variety of roles at the UK FSA/FCA.
Tymms is said to be resigning to pursue other interests. During her tenure at the company, she was Chairwoman of the Board Risk Committee. Jonathan Moulds will be replacing her in the leadership role she is vacating.
Moulds has significant experience in the financial industry. During his career in investment banking, he was Group Chief Operating Officer at Barclays Plc and Chief Executive Officer of Merrill Lynch International.
His vast comprehension of the regulatory environment and knowledge of the financial industry are supporting his new Chairman position on the Board Risk Committee. He was also chairman of the International Swaps Swaps Swaps can be defined as a derivate contact composed of two parties that exchange to cash flow between two separate financial instruments.They are generally divided into two categories. This includes contingent claims (options) and forward claims, where forward contracts, swaps, and exchange-traded funds (ETFs) are exchanged. Commodity price, equity price, interest rate, and foreign exchange rate are common variables used as one of the cash flows in swaps upon initiation. Different Types of Swaps Swaps can be defined as a derivate contact composed of two parties that exchange to cash flow between two separate financial instruments.They are generally divided into two categories. This includes contingent claims (options) and forward claims, where forward contracts, swaps, and exchange-traded funds (ETFs) are exchanged. Commodity price, equity price, interest rate, and foreign exchange rate are common variables used as one of the cash flows in swaps upon initiation. Different Types of Swaps Read this Term and Derivatives Association (ISDA) and a serving Advisory Board member of the Association for Financial Markets in Europe (AFME).
Changes at IG Group
IG Group has been facing a difficult year in light of the new regulatory framework in Europe. The company took on a new CEO after Peter Hetherington stepped down and was succeeded by June Felix.
The company recently announced its expansion into the US market, as the relative regulatory security of across the Atlantic made its move appealing despite the significant capital requirements to enter the retail Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term market in the US.
Shares of IG Group are trading close to 52-week lows amid an increasing sentiment that the margins of the industry in Europe are going to get compressed further. Offshore competition in tandem with regulatory arbitrage has caused a flock of retail traders from Europe to Australia and loosely-regulated jurisdictions.
IG Group officially announced this morning the resignation of its Non-Executive Director Sam Tymms. The move will take effect when Tymms steps down from her role after a Board meeting scheduled for March 20.
Tymms leaves the board of IG Group after six years, during which she shared her expertise in the financial industry with the company. Before joining the brokerage, she held a variety of roles at the UK FSA/FCA.
Tymms is said to be resigning to pursue other interests. During her tenure at the company, she was Chairwoman of the Board Risk Committee. Jonathan Moulds will be replacing her in the leadership role she is vacating.
Moulds has significant experience in the financial industry. During his career in investment banking, he was Group Chief Operating Officer at Barclays Plc and Chief Executive Officer of Merrill Lynch International.
His vast comprehension of the regulatory environment and knowledge of the financial industry are supporting his new Chairman position on the Board Risk Committee. He was also chairman of the International Swaps Swaps Swaps can be defined as a derivate contact composed of two parties that exchange to cash flow between two separate financial instruments.They are generally divided into two categories. This includes contingent claims (options) and forward claims, where forward contracts, swaps, and exchange-traded funds (ETFs) are exchanged. Commodity price, equity price, interest rate, and foreign exchange rate are common variables used as one of the cash flows in swaps upon initiation. Different Types of Swaps Swaps can be defined as a derivate contact composed of two parties that exchange to cash flow between two separate financial instruments.They are generally divided into two categories. This includes contingent claims (options) and forward claims, where forward contracts, swaps, and exchange-traded funds (ETFs) are exchanged. Commodity price, equity price, interest rate, and foreign exchange rate are common variables used as one of the cash flows in swaps upon initiation. Different Types of Swaps Read this Term and Derivatives Association (ISDA) and a serving Advisory Board member of the Association for Financial Markets in Europe (AFME).
Changes at IG Group
IG Group has been facing a difficult year in light of the new regulatory framework in Europe. The company took on a new CEO after Peter Hetherington stepped down and was succeeded by June Felix.
The company recently announced its expansion into the US market, as the relative regulatory security of across the Atlantic made its move appealing despite the significant capital requirements to enter the retail Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term market in the US.
Shares of IG Group are trading close to 52-week lows amid an increasing sentiment that the margins of the industry in Europe are going to get compressed further. Offshore competition in tandem with regulatory arbitrage has caused a flock of retail traders from Europe to Australia and loosely-regulated jurisdictions.