Finance Magnates learned on Monday that Mike Dugdale has joined liquidity management company Gold-i. Dugdale joins from technology provider PrimeXM where he was in the Global Sales team.

“I have known Mike for many years – he’s a great personality with an in-depth understanding of our market and a proven track record in global sales,” said Gold-i CEO Tom Higgins. “He’ll be an asset to the team and I’m really looking forward to working with him again.”

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As Higgins’ comment implies, this isn’t the first time that he and Dugdale have worked together.

Way back in the halcyon days of the mid-2000s the two senior executives were both at ODL Securities (ODL), a broker that was acquired by FXCM in 2010

Reunited at Gold-i

During his time with ODL, Dugdale worked in the broker’s IT department. This was at the same time that Higgins, who founded Gold-i in 2008, was Chief Technology Officer for the broker.

After spending five years at ODL, Dugdale left the broker to join One Financial Markets as Head of Sales. During his time at the retail trading firm, he worked in the company’s London headquarters and Middle East office in Dubai.

Since leaving ODL, Dugdale has held a number of senior positions at different retail trading companies, including BlackPearlFX and Prior FX. Most recently, Dugdale was, as noted, in the Global Sales team at PrimeXM where he was responsible for business development.

“Gold-i is an excellent organisation with significant growth potential and I am excited about playing a key role in its next growth phase,” said Dugdale. “Tom has created an exceptional company, with great employee values and market leading products. It’s a company which I very much wanted to be part of.”

Dugdale is the latest in a series of hires in Gold-i’s sales team. In the past nine months, for example, two senior executives from software company IRESS joined the liquidity management firm.