Michael O'Sullivan Leaves CMC Markets after 14 Years, Lands at ATFX

FCA-regulated broker, ATFX UK has appointed Michael O'Sullivan as Project Manager, according to information made public on his LinkedIn profile.

Michael has strong experience and knowledge of 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 market operations and has held various positions at a few brokerage houses. He will be utilizing his experience at ATFX UK to help increase the company’s client base through new acquisition.

As Finance Magnates reported, ATFX is entering into a new phase of growth, which will see the broker expand its geographical footprint across Asia, as well as enhance its product offering, focusing on localisation.

At the same time in August, the firm published its financial results for the year ended 31st October 2019, revealing a significant increase in turnover for the period, but still closing out the year at a loss.

The bulk of O'Sullivan’s career, which dates back to 2005, was spent at CMC Markets where he worked for more than 14 years.

Most recently, Michael was tasked with partnerships, operations and implementations at the FCA regulated Forex Trading Forex Trading Forex trading is the buying and selling of foreign currencies with the aim of generating a profit. The value of currencies, especially floating currencies, fluctuate to varying degrees. This constant volatility of exchange rates opens the door for speculators to invest in a certain currency against another. The Forex market is the world’s biggest and most liquid market, with over $5 billion turnover every single day, with the market being open 24 hours a day, 5 days a week.It goes without saying Forex trading is the buying and selling of foreign currencies with the aim of generating a profit. The value of currencies, especially floating currencies, fluctuate to varying degrees. This constant volatility of exchange rates opens the door for speculators to invest in a certain currency against another. The Forex market is the world’s biggest and most liquid market, with over $5 billion turnover every single day, with the market being open 24 hours a day, 5 days a week.It goes without saying Read this Term broker, which has been inducted into the FTSE 250.

During his long stint with CMC Markets, he helped the company develop and execute a universal sales strategy for its global operations apart from his other duties.

“[I have] senior financial trading experience across B2C, B2B, matrix-style and international organisations and [am] highly skilled at developing and managing strategic affiliate, franchisee and partnership distribution channels,” Michael says on his LinkedIn page.

Mr. O'Sullivan also has cross functional experience in product and project management and operations delivery combined with extensive background on software development, which gives him an edge in commercial solution-selling and financial trading technology implementation.