Trading Places: Saxo Bank Departures Continue, FX Large Gets New CEO

Check out the latest executive moves from around the financial services industry last week.

Tuesday, May 23

Brad Alexander

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Brad Alexander, FX Large

Industry veteran Brad Alexander moved to UK-based FX Large, joining the group as its newest CEO, his latest stop in a highly decorated career in the FX industry. Mr. Alexander will be based out of London, helping steer the group in its lead role. He heads to FX Large from Acuity Trading, having originally joined the group back in 2015 as its Vice President of Sales.

Levy Benarroch, GCM Prime

GCM Prime Ltd has continued attracting top-tier talent with the appointment of Levy Benarroch as its newest Chief Operating Officer (COO). Prior to joining GCM, Mr. Benarroch held a number of senior positions at many financial service groups, most recently at Capital Market Services UK Ltd as its Compliance Officer. Additionally, he has served at many other firms, including Finotec Trading Uk Limited, where he worked as its COO for more than three years.

Wednesday, May 24

Kevin Cudahy, Cürex Group

Kevin Cudahy

Cürex Group Holdings on-boarded Kevin Cudahy as its newest Managing Director with immediate effect. Mr. Cudahy will be tasked with managing the group’s business development capabilities in New York. His mandate will focus on the firm’s institutional FX execution services and data analytics services.

Khaldoun Sharaiha

Khaldoun Sharaiha, Equiti

Khaldoun Sharaiha, whose previous experience includes senior roles at ADS Securities and Dukascopy Bank, joined the newly launched brokerage firm Equiti, the retail trading arm of Divisa UK Limited. Khaldoun will take on the role of Co-Head of Retail Sales to spearhead Equiti’s initial efforts in capturing new markets as the FCA-regulated company hopes to solidify its global footprint following the successful launch.

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Peter Leonidou, Leverate

Peter Leonidou

Leverate parted ways with its Head of B2B Sales Peter Leonidou, who ended a two-year tenure with the technology provider. Mr. Leonidou joined Leverate back in May 2015 where he was originally appointed as its Senior Global Sales Manager, based out of Cyprus. This paved the way for a promotion to the group’s Head of Sales – EMEA in 2016, a position he held up until his eventual departure.

Thursday, May 25

Stephen Grady, Liquidnet

Liquidnet secured its latest appointee last Thursday, adding Stephen Grady as its newest Non-Executive Director of Liquidnet Europe. Mr. Grady joined Liquidnet following a career in the financial services industry that has spanned over two decades. He is the acting Managing Director and Head of Market Structure and Strategy at Ipreo, having just started at the group earlier this month.

Edward Watson and Shane Swanson, Thesys CAT

Thesys CAT LLC made two new appointments last week, on-boarding Edward Watson as Chief Operating Officer and Shane Swanson as Chief Compliance Officer – both individuals will be based out of Thesys’ New York office. The additions come at a key juncture for the group. Thesys CAT is presently building and operating the CAT system, which provides a timeline for key milestones and deliverables agreed upon by the SROs.

Friday, May 26

Ken O’Brien, Saxo Bank

Saxo Bank saw the departure of Ken O’Brien, the group’s Deputy Chief Experience Officer (CXO), who parted ways with the company with immediate effect. Mr. O’Brien joined Saxo Bank back in January 2016 – he worked as the group’s Deputy Chief Experience Officer for over a year and a half, whilst based in London.

Wassem Bayour,, the FCA-regulated retail forex brand of Divisa Capital, appointed Wassem Bayour as the company’s Country Head in the Kingdom of Saudi Arabia (KSA). In his new role, Wassem will be expected to drive the growth of the KSA business alongside other Arab Gulf countries and in alignment with the firm’s regional strategy. Mr. Bayour brings to the forex broker over 7 years of experience from operational and sales roles in both KSA and Dubai.

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