This week's updates focus on notable changes in leadership roles in the forex, multi-asset trading, and securities sectors.
This week witnessed a slight uptick in executive appointments, promotions, and transitions across forex, multi-asset trading service providers, digital assets, and securities exchanges compared to last week.
The moves begin with the departure of PrimeX Broker Deputy General Manager Mustafa Basil; the appointment of Former HyperTrader COO Mike Diedrichs at BOSONIC as
CRO; the promotion of Lucian Lauerman as OANDA Deputy Chief Operating
Officer; the transition of Taurex's Former Executive Jeffrey Navarro to AvaTrade; Naomi Rarmani returns to eToro as Head of Compliance
Operations; Taurex promotes Mark Sheng as Commercial
Director; ASX announced Board changes: Wayne Byres joins, Yasmin Allen steps down.
Dive into the dynamic landscape of executive movements in the forex, multi-asset trading services, digital assets, and securities sectors through our weekly executive summary. Explore the unfolding leadership transitions in these crucial segments.
Executive Moves of the Week
PrimeX Broker Deputy General Manager Mustafa Basil Announces Departure
Mustafa Basil, Source: LinkedIn
Mustafa Basil recently announced his departure from PrimeX
Broker, marking the end of a significant chapter in his career.
Based in Dubai, Basil served as the Deputy
General Manager from May 2023 to April 2024 and as the Marketing Manager from August 2022 to May 2023. With
an educational background in Laser and Optical Engineering, Basil's
departure from PrimeX Broker leaves the financial community curious about his
next steps.
BOSONIC Appoints Former HyperTrader COO Mike Diedrichs as
CRO
Mike Diedrichs stepped into the role of Chief Revenue
Officer at BOSONIC, signaling a new phase of growth for the organization.
Before his tenure at BOSONIC, Diedrichs amassed valuable experience in
leadership roles across prominent organizations. Notably, his time as Chief
Operating Officer and Head of Business Development at HyperTrader underscores
his industry experience.
Mike Diedrichs, Source: LinkedIn
His diverse career path includes stints as a Corporate
Strategy Consultant and Chief Business Development Officer at Fluent Finance,
where his expertise in marketing strategy and business development contributed
to the company's success. Diedrichs's journey in the financial sector also
includes pivotal roles at NEST Financial Group, where he demonstrated
proficiency in marketing and operations.
OANDA Promotes Lucian Lauerman as Deputy Chief Operating
Officer
OANDA, an online multi-asset trading service
provider, announced the promotion of Lucian Lauerman to Deputy Chief Operating
Officer, marking a strategic move within the company's leadership team. Lucian
Lauerman's tenure at OANDA has been marked by significant contributions and
growth. Initially, Lauerman joined the firm as the Head of Data Services in
2019 before his subsequent role as the Head of Digital Assets.
Lucian Lauerman, Source: LinkedIn
In addition to Lauerman's promotion, OANDA experienced
leadership changes earlier this year. Jessica Beckstead, the CEO of OANDA US, expanded her role as the Head of FX Data Services. With an extensive
background in the financial services industry, Beckstead brings over two
decades of experience to her expanded responsibilities, emphasizing the
importance of data-driven insights in today's financial markets.
Taurex's Former Executive Jeffrey Navarro Moves to AvaTrade
The forex industry witnessed a notable executive move as
Jeffrey Navarro, a seasoned industry expert, moved from his former role as Head of LATAM
at Taurex to assume the position of LATAM Regional Manager at AvaTrade.
Jeffrey Navarro's expertise in the forex industry spans
various key roles, including his tenure at Taurex, Tickmill, AxiCorp, and Forex
Capital Markets. His diverse experience and leadership capabilities position
him as a valuable asset for AvaTrade's expansion efforts in the LATAM region.
Jeffrey Navarro, Source: LinkedIn
Meanwhile, Taurex recently underwent its own transformations, including rebranding initiatives and funding rounds aimed at enhancing its technological capabilities. With plans to strengthen its presence in both consumer and business markets, Taurex is poised for continued growth and innovation in the evolving forex landscape.
eToro Welcomes Back Naomi Rarmani as Head of Compliance
Operations
eToro
announced the return of Naomi Rarmani as the Head of Compliance Operations. Rarmani's
career trajectory highlights her expertise in compliance and operational
management. Before rejoining eToro, she held key roles at Rapyd and Fundbox,
where she gained experience in regulatory compliance and risk management.
Notably, her earlier tenure at eToro saw her rise from a Customer Care
Representative to a Compliance Team Leader.
Naomi Rarmani, Source: LinkedIn
While welcoming Rarmani back into its fold, eToro is
actively pursuing regulatory approval in Singapore, with an application
submitted to the Monetary Authority of Singapore. Despite being
headquartered in Israel, eToro maintains a global presence with regulatory
licenses across multiple countries, including the United Kingdom, Cyprus, and
Germany.
Taurex Promotes Industry Veteran Mark Sheng as Commercial
Director
Taurex, formerly Zenfinex, announced the promotion of Mark
Sheng to the position of Commercial Director, leveraging his extensive industry
experience after serving as Head of APAC. Mark Sheng's
career trajectory showcases his expertise in the forex and CFD brokerage
sphere, having held key roles at prominent firms such as Ec Markets, Trade
Nation, OvalX, and ActivTrades.
Mark Sheng, Source: LinkedIn
Meanwhile, Taurex's recent rebranding signified a pivotal moment in the
company's evolution, aligning with its commitment to offering trading
solutions amidst technological advancements. Under the leadership of CEO Nick
Cooke, Taurex emphasized the convergence of technology and trading, introducing tools and platforms to enhance the trading experience for its global
community.
ASX Announces Board Changes: Wayne Byres Joins, Yasmin Allen
Steps Down
ASX Limited (ASX) unveiled significant changes to its Board
with the appointment of Wayne Byres as a non-executive Director as Yasmin
Allen prepares to retire after years of service. Wayne Byres, a
seasoned figure in financial services regulation, joined ASX's Board with over
three decades of experience. His background includes notable positions such as
Chair of the Australian Prudential Regulation Authority and Secretary
General of the Basel Committee on Banking Supervision.
Wayne Byres, Source: LinkedIn
Simultaneously, ASX announced the impending retirement of
Yasmin Allen, who has served on the Board since February 2015. Damian Roche, the Chair of ASX Limited, commended Allen for her contributions and
steadfast dedication, noting her keen commercial perspective and
shareholder-centric approach throughout her tenure.
This week witnessed a slight uptick in executive appointments, promotions, and transitions across forex, multi-asset trading service providers, digital assets, and securities exchanges compared to last week.
The moves begin with the departure of PrimeX Broker Deputy General Manager Mustafa Basil; the appointment of Former HyperTrader COO Mike Diedrichs at BOSONIC as
CRO; the promotion of Lucian Lauerman as OANDA Deputy Chief Operating
Officer; the transition of Taurex's Former Executive Jeffrey Navarro to AvaTrade; Naomi Rarmani returns to eToro as Head of Compliance
Operations; Taurex promotes Mark Sheng as Commercial
Director; ASX announced Board changes: Wayne Byres joins, Yasmin Allen steps down.
Dive into the dynamic landscape of executive movements in the forex, multi-asset trading services, digital assets, and securities sectors through our weekly executive summary. Explore the unfolding leadership transitions in these crucial segments.
Executive Moves of the Week
PrimeX Broker Deputy General Manager Mustafa Basil Announces Departure
Mustafa Basil, Source: LinkedIn
Mustafa Basil recently announced his departure from PrimeX
Broker, marking the end of a significant chapter in his career.
Based in Dubai, Basil served as the Deputy
General Manager from May 2023 to April 2024 and as the Marketing Manager from August 2022 to May 2023. With
an educational background in Laser and Optical Engineering, Basil's
departure from PrimeX Broker leaves the financial community curious about his
next steps.
BOSONIC Appoints Former HyperTrader COO Mike Diedrichs as
CRO
Mike Diedrichs stepped into the role of Chief Revenue
Officer at BOSONIC, signaling a new phase of growth for the organization.
Before his tenure at BOSONIC, Diedrichs amassed valuable experience in
leadership roles across prominent organizations. Notably, his time as Chief
Operating Officer and Head of Business Development at HyperTrader underscores
his industry experience.
Mike Diedrichs, Source: LinkedIn
His diverse career path includes stints as a Corporate
Strategy Consultant and Chief Business Development Officer at Fluent Finance,
where his expertise in marketing strategy and business development contributed
to the company's success. Diedrichs's journey in the financial sector also
includes pivotal roles at NEST Financial Group, where he demonstrated
proficiency in marketing and operations.
OANDA Promotes Lucian Lauerman as Deputy Chief Operating
Officer
OANDA, an online multi-asset trading service
provider, announced the promotion of Lucian Lauerman to Deputy Chief Operating
Officer, marking a strategic move within the company's leadership team. Lucian
Lauerman's tenure at OANDA has been marked by significant contributions and
growth. Initially, Lauerman joined the firm as the Head of Data Services in
2019 before his subsequent role as the Head of Digital Assets.
Lucian Lauerman, Source: LinkedIn
In addition to Lauerman's promotion, OANDA experienced
leadership changes earlier this year. Jessica Beckstead, the CEO of OANDA US, expanded her role as the Head of FX Data Services. With an extensive
background in the financial services industry, Beckstead brings over two
decades of experience to her expanded responsibilities, emphasizing the
importance of data-driven insights in today's financial markets.
Taurex's Former Executive Jeffrey Navarro Moves to AvaTrade
The forex industry witnessed a notable executive move as
Jeffrey Navarro, a seasoned industry expert, moved from his former role as Head of LATAM
at Taurex to assume the position of LATAM Regional Manager at AvaTrade.
Jeffrey Navarro's expertise in the forex industry spans
various key roles, including his tenure at Taurex, Tickmill, AxiCorp, and Forex
Capital Markets. His diverse experience and leadership capabilities position
him as a valuable asset for AvaTrade's expansion efforts in the LATAM region.
Jeffrey Navarro, Source: LinkedIn
Meanwhile, Taurex recently underwent its own transformations, including rebranding initiatives and funding rounds aimed at enhancing its technological capabilities. With plans to strengthen its presence in both consumer and business markets, Taurex is poised for continued growth and innovation in the evolving forex landscape.
eToro Welcomes Back Naomi Rarmani as Head of Compliance
Operations
eToro
announced the return of Naomi Rarmani as the Head of Compliance Operations. Rarmani's
career trajectory highlights her expertise in compliance and operational
management. Before rejoining eToro, she held key roles at Rapyd and Fundbox,
where she gained experience in regulatory compliance and risk management.
Notably, her earlier tenure at eToro saw her rise from a Customer Care
Representative to a Compliance Team Leader.
Naomi Rarmani, Source: LinkedIn
While welcoming Rarmani back into its fold, eToro is
actively pursuing regulatory approval in Singapore, with an application
submitted to the Monetary Authority of Singapore. Despite being
headquartered in Israel, eToro maintains a global presence with regulatory
licenses across multiple countries, including the United Kingdom, Cyprus, and
Germany.
Taurex Promotes Industry Veteran Mark Sheng as Commercial
Director
Taurex, formerly Zenfinex, announced the promotion of Mark
Sheng to the position of Commercial Director, leveraging his extensive industry
experience after serving as Head of APAC. Mark Sheng's
career trajectory showcases his expertise in the forex and CFD brokerage
sphere, having held key roles at prominent firms such as Ec Markets, Trade
Nation, OvalX, and ActivTrades.
Mark Sheng, Source: LinkedIn
Meanwhile, Taurex's recent rebranding signified a pivotal moment in the
company's evolution, aligning with its commitment to offering trading
solutions amidst technological advancements. Under the leadership of CEO Nick
Cooke, Taurex emphasized the convergence of technology and trading, introducing tools and platforms to enhance the trading experience for its global
community.
ASX Announces Board Changes: Wayne Byres Joins, Yasmin Allen
Steps Down
ASX Limited (ASX) unveiled significant changes to its Board
with the appointment of Wayne Byres as a non-executive Director as Yasmin
Allen prepares to retire after years of service. Wayne Byres, a
seasoned figure in financial services regulation, joined ASX's Board with over
three decades of experience. His background includes notable positions such as
Chair of the Australian Prudential Regulation Authority and Secretary
General of the Basel Committee on Banking Supervision.
Wayne Byres, Source: LinkedIn
Simultaneously, ASX announced the impending retirement of
Yasmin Allen, who has served on the Board since February 2015. Damian Roche, the Chair of ASX Limited, commended Allen for her contributions and
steadfast dedication, noting her keen commercial perspective and
shareholder-centric approach throughout her tenure.
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
Exness CMO Alfonso Cardalda on Cape Town office launch, Africa growth, and marketing strategy
Exness CMO Alfonso Cardalda on Cape Town office launch, Africa growth, and marketing strategy
Exness is expanding its presence in Africa, and in this exclusive interview, CMO Alfonso Cardalda shares how.
Filmed during the grand opening of Exness’s new Cape Town office, Alfonso sits down with Andrea Badiola Mateos from Finance Magnates to discuss:
- Exness’s marketing approach in South Africa
- What makes their trading product stand out
- Customer retention vs. acquisition strategies
- The role of local influencers
- Managing growth across emerging markets
👉 Watch the full interview for fundamental insights into the future of trading in Africa.
#Exness #Forex #Trading #SouthAfrica #CapeTown #Finance #FinanceMagnates
Exness is expanding its presence in Africa, and in this exclusive interview, CMO Alfonso Cardalda shares how.
Filmed during the grand opening of Exness’s new Cape Town office, Alfonso sits down with Andrea Badiola Mateos from Finance Magnates to discuss:
- Exness’s marketing approach in South Africa
- What makes their trading product stand out
- Customer retention vs. acquisition strategies
- The role of local influencers
- Managing growth across emerging markets
👉 Watch the full interview for fundamental insights into the future of trading in Africa.
#Exness #Forex #Trading #SouthAfrica #CapeTown #Finance #FinanceMagnates
How does the Finance Magnates newsroom handle sensitive updates that may affect a brand?
How does the Finance Magnates newsroom handle sensitive updates that may affect a brand?
Yam Yehoshua, Editor-in-Chief at Finance Magnates, explains the approach: reaching out before publication, hearing all sides, and making careful, case-by-case decisions with balance and responsibility.
⚖ Balanced reporting
📞 Right of response
📰 Responsible journalism
#FinanceMagnates #FinancialJournalism #ResponsibleReporting #FinanceNews #EditorialStandards
Yam Yehoshua, Editor-in-Chief at Finance Magnates, explains the approach: reaching out before publication, hearing all sides, and making careful, case-by-case decisions with balance and responsibility.
⚖ Balanced reporting
📞 Right of response
📰 Responsible journalism
#FinanceMagnates #FinancialJournalism #ResponsibleReporting #FinanceNews #EditorialStandards
Executive Interview | Kieran Duff | Head of UK Growth & Business Development, Darwinex | FMLS:25
Executive Interview | Kieran Duff | Head of UK Growth & Business Development, Darwinex | FMLS:25
Here is our conversation with Kieran Duff, who brings a rare dual view of the market as both a broker and a trader at Darwinex.
We begin with his take on the Summit and then turn to broker growth. Kieran shares one quick, practical tip brokers can use right now to improve performance. We also cover the rising spotlight on prop trading and whether it is good or bad for the trading industry.
Kieran explains where Darwinex sits on the CFDs-broker-meets-funding spectrum, and how the model differs from the typical setups seen across the market.
We finish with a look at how he uses AI in his daily workflow — both inside the brokerage and in his own trading.
Here is our conversation with Kieran Duff, who brings a rare dual view of the market as both a broker and a trader at Darwinex.
We begin with his take on the Summit and then turn to broker growth. Kieran shares one quick, practical tip brokers can use right now to improve performance. We also cover the rising spotlight on prop trading and whether it is good or bad for the trading industry.
Kieran explains where Darwinex sits on the CFDs-broker-meets-funding spectrum, and how the model differs from the typical setups seen across the market.
We finish with a look at how he uses AI in his daily workflow — both inside the brokerage and in his own trading.
Why does trust matter in financial news? #TrustedNews #FinanceNews #CapitalMarkets
Why does trust matter in financial news? #TrustedNews #FinanceNews #CapitalMarkets
According to Yam Yehoshua, Editor-in-Chief at Finance Magnates, in a world flooded with information, the difference lies in rigorous cross-checking, human scrutiny, and a commitment to publishing only factual, trustworthy reporting.
📰 Verified reporting
🔎 Human-led scrutiny
✅ Facts over noise
According to Yam Yehoshua, Editor-in-Chief at Finance Magnates, in a world flooded with information, the difference lies in rigorous cross-checking, human scrutiny, and a commitment to publishing only factual, trustworthy reporting.
📰 Verified reporting
🔎 Human-led scrutiny
✅ Facts over noise
