Michael Ayres Departs from Equiti Capital UK
- He served the company for around three years as the COO.
Equiti Capital UK, a part of the Equiti Group, announced on Friday the departure of Michael Ayres, who was the Chief Operating Officer at the FCA-regulated broker. He has already been replaced by Paul Webb, who joined the London-based arm of the brokerage group at the end of July.
Ayres joined Equiti Capital in 2018 in the management position and led the broker’s operations during the surge of the client activities with the market volatility induced by the economic impact of the pandemic. Additionally, he took a seat at the UK company’s board in 2019.
Apart from his role in the UK company, Ayres, who has over a decade of experience in the 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 industry, took some of the key responsibilities in the group. According to the broker, he sat on Equiti Group’s Board of Algorithmic Laboratories, which is an AI-powered Risk Management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term entity, and was also a member of the Group Executive Committee.
Commenting on his departure, Equiti Group CEO Iskandar Najjar said: “We are extremely grateful to Michael for all the years he has been with Equiti. He has been instrumental in building the foundations of the company and putting it on the right course for our next phase of growth and expansion.”
“We wish him the best of luck with his next challenge and have no doubt he will accomplish big things in the coming future.”
Where Will He Land Now?
Before Equiti, Ayres was the Director of Operations at UK-based CFDs broker and spread better GKFX, where he served for more than five years. He kick-started his career in 2008 at ODL Securities and later had stints at FXCM and now-defunct Alpari UK.
Michael Ayres
Source: LinkedIn
“It has been a privilege to be part of the Equiti Group’s global growth over the past 3 years and to see the company progress from strength to strength,” said Ayres.
Equiti Capital UK, a part of the Equiti Group, announced on Friday the departure of Michael Ayres, who was the Chief Operating Officer at the FCA-regulated broker. He has already been replaced by Paul Webb, who joined the London-based arm of the brokerage group at the end of July.
Ayres joined Equiti Capital in 2018 in the management position and led the broker’s operations during the surge of the client activities with the market volatility induced by the economic impact of the pandemic. Additionally, he took a seat at the UK company’s board in 2019.
Apart from his role in the UK company, Ayres, who has over a decade of experience in the 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 industry, took some of the key responsibilities in the group. According to the broker, he sat on Equiti Group’s Board of Algorithmic Laboratories, which is an AI-powered Risk Management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term entity, and was also a member of the Group Executive Committee.
Commenting on his departure, Equiti Group CEO Iskandar Najjar said: “We are extremely grateful to Michael for all the years he has been with Equiti. He has been instrumental in building the foundations of the company and putting it on the right course for our next phase of growth and expansion.”
“We wish him the best of luck with his next challenge and have no doubt he will accomplish big things in the coming future.”
Where Will He Land Now?
Before Equiti, Ayres was the Director of Operations at UK-based CFDs broker and spread better GKFX, where he served for more than five years. He kick-started his career in 2008 at ODL Securities and later had stints at FXCM and now-defunct Alpari UK.
Michael Ayres
Source: LinkedIn
“It has been a privilege to be part of the Equiti Group’s global growth over the past 3 years and to see the company progress from strength to strength,” said Ayres.