Mukid Chowdhury Leaves Tickmill, Joins Trading212 as CEO

Mukid Chowdhury, a well-known name in London’s financial sector, left Tickmill earlier this month to join rival broker Trading212 as the Chief Executive Officer.

As updated on his Linkedin, Chowdhury already joined the apex position at FCA-regulated Trading212. There, he replaced Nick Saunders who joined GAIN Capital as the Head of Cash Equities Equities Equities can be characterized as stocks or shares in a company that investors can buy or sell. When you buy a stock, you are in essence buying an equity, becoming a partial owner of shares in a specific company or fund.However, equities do not pay a fixed interest rate, and as such are not considered guaranteed income. As such, equity markets are often associated with risk.When a company issues bonds, it’s taking loans from buyers. When a company offers shares, on the other hand, it’s selling pa Equities can be characterized as stocks or shares in a company that investors can buy or sell. When you buy a stock, you are in essence buying an equity, becoming a partial owner of shares in a specific company or fund.However, equities do not pay a fixed interest rate, and as such are not considered guaranteed income. As such, equity markets are often associated with risk.When a company issues bonds, it’s taking loans from buyers. When a company offers shares, on the other hand, it’s selling pa Read this Term earlier this year.

An Industry Veteran

Chowdhury is a well-known figure in the trading industry and has almost two decades of experience working at several top companies, mostly in London. His skill sets are mostly in finance as he headed financial divisions at multiple companies.

As Finance Magnates reported earlier, he joined Tickmill at the beginning of 2020 as the group CFO, but left the position only after one-and-a-half years. Prior to that, he was the UK CEO and Chief Financial Officer at the London Capital Group, where he served almost four years.

Additionally, he served for more than half a decade at GAIN Capital, which is now owned by StoneX, as the Financial Director of international operations. Moreover, he spent four years of his career as a Group Financial Controller at City Index, and the brokerage brand is now under the control of StoneX.

Chowdhury is an economics graduate from the University of East London and started his career in 2002 at ING as an Interest Rate Derivatives Controller, according to his Linkedin profile. He also spent years at JPMorgan Chase and Matrix Group Limited.

Chowdhury took over the broker at a time when the demand for Retail Trading Retail Trading In finance, retail trading refers to individual traders, trading through a broker, or on a platform. This can include novice traders and experienced traders. Trading and investing are divided into two categories, retail and institutional. Institutions include investment banks like JP Morgan or Citibank and global central banks like the US Federal Reserve and the European Central Bank. When we talk about retail trading however, we usually are referring to forex trading, but there are retail trade In finance, retail trading refers to individual traders, trading through a broker, or on a platform. This can include novice traders and experienced traders. Trading and investing are divided into two categories, retail and institutional. Institutions include investment banks like JP Morgan or Citibank and global central banks like the US Federal Reserve and the European Central Bank. When we talk about retail trading however, we usually are referring to forex trading, but there are retail trade Read this Term is skyrocketing. Earlier, Trading212 saw multiple glitches during the trading frenzy hours, and now it is to be seen if he would take any steps to improve such outages.