UK AIM-listed LCG, the Forex broker with a series of management changes made over the last twelve months just made a few more, as the firms Chief Operating Officer joins the board to replace an outgoing Board member.
LCG, the AIM-listed and FCA regulated Forex broker operating as a subsidiary of London Capital Group PLC, just had a Board of Director’s shuffle with the resignation of William Newton from both LCG Ltd and PLC boards, replaced with LCG’s COO John Jones who will fill with immediate effect the position of his predecessor.
Mr. Newton will remain an advisor to LCG, according to the company's press release and regulatory update, and is expected to continue to make a significant contribution to the company’s technical direction, and was thanked by the firm's CEO, Kevin Ashby who said in the statement, "We are indebted to William for his contribution both to the Board and the Group's technology strategy; LCG is now set on firm technology foundations and I look forward to continuing to work with William in the future. Since his arrival in July 2013, John has made a substantial contribution to the Company and the Ltd Board and I look forward to his insight and contribution at the PLC Board."
Jones Joins Board After Less Than a Year, Newton Retained As Advisor
The firm's technology offerings, in addition to powering its own products, consists of several significant white-label customers, including Saxo Bank and TD Direct Investing, among others, a key competent [technology development] of the above mentioned technical direction.
Less than a year ago, Mr. Jones, now 44 years of age, joined LCG Ltd. to manage its operations, after holding a series of senior positions in trading and operations related fields of finance. According to a LinkedIn profile for John Jones, the title alongside COO of LCG, reads Head of Risk Management, a fitting position for someone who held such roles, including a background in finance as a qualified chartered accountant with KPMG in 1992, as per the profile description.
A copy of the press release today was filed with the London Stock Exchange in accordance with AIM rules, and no further information was disclosed pursuant to Schedule Two, paragraph (g) of said rules.
The broker has just reported preliminary figures for 2013, ahead of its full results expected in April, and after a series of organizational changes in the prior year, including settling regulatory and legal claims, among other material events.
In the previous trading update, as covered by Forex Magnates, LCG said it was well capitalized going into 2014, and with the new management in place the changes are sure to have an effect on the business, also depending on initiatives already underway, in addition to any new direction, as well as market conditions - as noted in the previous article by the firm's CEO.
Shares of LCG on UK's AIM remained just above 30 pence today, a key support level that hasn't been breached in over twelve months, yet still well off the highs reached under 50 last August.
LCG, the AIM-listed and FCA regulated Forex broker operating as a subsidiary of London Capital Group PLC, just had a Board of Director’s shuffle with the resignation of William Newton from both LCG Ltd and PLC boards, replaced with LCG’s COO John Jones who will fill with immediate effect the position of his predecessor.
Mr. Newton will remain an advisor to LCG, according to the company's press release and regulatory update, and is expected to continue to make a significant contribution to the company’s technical direction, and was thanked by the firm's CEO, Kevin Ashby who said in the statement, "We are indebted to William for his contribution both to the Board and the Group's technology strategy; LCG is now set on firm technology foundations and I look forward to continuing to work with William in the future. Since his arrival in July 2013, John has made a substantial contribution to the Company and the Ltd Board and I look forward to his insight and contribution at the PLC Board."
Jones Joins Board After Less Than a Year, Newton Retained As Advisor
The firm's technology offerings, in addition to powering its own products, consists of several significant white-label customers, including Saxo Bank and TD Direct Investing, among others, a key competent [technology development] of the above mentioned technical direction.
Less than a year ago, Mr. Jones, now 44 years of age, joined LCG Ltd. to manage its operations, after holding a series of senior positions in trading and operations related fields of finance. According to a LinkedIn profile for John Jones, the title alongside COO of LCG, reads Head of Risk Management, a fitting position for someone who held such roles, including a background in finance as a qualified chartered accountant with KPMG in 1992, as per the profile description.
A copy of the press release today was filed with the London Stock Exchange in accordance with AIM rules, and no further information was disclosed pursuant to Schedule Two, paragraph (g) of said rules.
The broker has just reported preliminary figures for 2013, ahead of its full results expected in April, and after a series of organizational changes in the prior year, including settling regulatory and legal claims, among other material events.
In the previous trading update, as covered by Forex Magnates, LCG said it was well capitalized going into 2014, and with the new management in place the changes are sure to have an effect on the business, also depending on initiatives already underway, in addition to any new direction, as well as market conditions - as noted in the previous article by the firm's CEO.
Shares of LCG on UK's AIM remained just above 30 pence today, a key support level that hasn't been breached in over twelve months, yet still well off the highs reached under 50 last August.
Bank of London Product Head: “Clients Don’t Want to Wait for Cutoff Times” On-Chain
Executive Interview | Charlotte Bullock | Chief Product Officer, Bank of London | FMLS:25
Executive Interview | Charlotte Bullock | Chief Product Officer, Bank of London | FMLS:25
In this interview, we sat down with Charlotte Bullock, Head of Product at The Bank of London, previously at SAP and now shaping product at one of the sector’s most ambitious new banking players.
Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.
We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.
In this interview, we sat down with Charlotte Bullock, Head of Product at The Bank of London, previously at SAP and now shaping product at one of the sector’s most ambitious new banking players.
Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.
We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
