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.
Retail Broker FXTRADING Appoints Institutional Veteran Adam Phillips as CEO
Marketing in 2026 Audiences, Costs, and Smarter AI
Marketing in 2026 Audiences, Costs, and Smarter AI
As brokers eye B2B business and compete with fintechs and crypto exchanges alike, marketers need to act wisely with often limited budgets. AI can offer scalable solutions, but only if used properly.
Join seasoned marketing executives and specialists as they discuss the main challenges they identify in financial services in 2026 and how they address them.
Attendees of this session will walk away with:
- A nuts-and-bolts account of acquisition costs across platforms and geos
- Analysis of today’s multi-layered audience segments and differences in behaviour
- First-hand account of how global brokers balance consistency and local flavour
- Notes from the field about intelligently using AI and automation in marketing
Speakers:
-Yam Yehoshua, Editor-In-Chief at Finance Magnates
-Federico Paderni, Managing Director for Growth Markets in Europe at X
-Jo Benton, Chief Marketing Officer, Consulting | Fractional CMO
-Itai Levitan, Head of Strategy at investingLive
-Roberto Napolitano, CMO at Innovate Finance
-Tony Cross, Director at Monk Communications
#fmls #fmls25 #fmevents #FintechMarketing #AI #DigitalStrategy #Fintech #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
As brokers eye B2B business and compete with fintechs and crypto exchanges alike, marketers need to act wisely with often limited budgets. AI can offer scalable solutions, but only if used properly.
Join seasoned marketing executives and specialists as they discuss the main challenges they identify in financial services in 2026 and how they address them.
Attendees of this session will walk away with:
- A nuts-and-bolts account of acquisition costs across platforms and geos
- Analysis of today’s multi-layered audience segments and differences in behaviour
- First-hand account of how global brokers balance consistency and local flavour
- Notes from the field about intelligently using AI and automation in marketing
Speakers:
-Yam Yehoshua, Editor-In-Chief at Finance Magnates
-Federico Paderni, Managing Director for Growth Markets in Europe at X
-Jo Benton, Chief Marketing Officer, Consulting | Fractional CMO
-Itai Levitan, Head of Strategy at investingLive
-Roberto Napolitano, CMO at Innovate Finance
-Tony Cross, Director at Monk Communications
#fmls #fmls25 #fmevents #FintechMarketing #AI #DigitalStrategy #Fintech #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
Much like their traders in the market, brokers must diversify to manage risk and stay resilient. But that can get costly, clunky, and lengthy.
This candid panel brings together builders across the trading infrastructure space to uncover the shifting dynamics behind tools, interfaces, and full-stack ambitions.
Attendees will hear:
-Why platform dependency has become one of the most overlooked risks in the trading business?
-Buy vs. build: What do hybrid models look like, and why are industry graveyards filled with failed ‘killer apps’?
-How AI is already changing execution, risk, and reporting—and what’s next?
-Which features, assets, and tools gain the most traction, and where brokers should look for tech-driven retention?
Speakers:
-Stephen Miles, Chief Revenue Officer at FYNXT
-John Morris, Co-Founder at FXBlue
-Matthew Smith, Group Chair & CEO at EC Markets
-Tom Higgins, Founder & CEO at Gold-i
-Gil Ben Hur, Founder at 5% Group
#fmls #fmls25 #fmevents #Brokers #Trading #Fintech #FintechInnovation #TradingTechnology #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
Much like their traders in the market, brokers must diversify to manage risk and stay resilient. But that can get costly, clunky, and lengthy.
This candid panel brings together builders across the trading infrastructure space to uncover the shifting dynamics behind tools, interfaces, and full-stack ambitions.
Attendees will hear:
-Why platform dependency has become one of the most overlooked risks in the trading business?
-Buy vs. build: What do hybrid models look like, and why are industry graveyards filled with failed ‘killer apps’?
-How AI is already changing execution, risk, and reporting—and what’s next?
-Which features, assets, and tools gain the most traction, and where brokers should look for tech-driven retention?
Speakers:
-Stephen Miles, Chief Revenue Officer at FYNXT
-John Morris, Co-Founder at FXBlue
-Matthew Smith, Group Chair & CEO at EC Markets
-Tom Higgins, Founder & CEO at Gold-i
-Gil Ben Hur, Founder at 5% Group
#fmls #fmls25 #fmevents #Brokers #Trading #Fintech #FintechInnovation #TradingTechnology #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
Educators, IBs, And Other Regional Growth Drivers
Educators, IBs, And Other Regional Growth Drivers
When acquisition costs rise and AI generated reviews are exactly as useful as they sound, performing and fair partners can make or break brokers.
This session looks at how these players are shaping access, trust and user engagement, and what the most effective partnership models look like in 2025.
Key Themes:
- Building trader communities through education and local expertise
- Aligning broker incentives with long-term regional strategies
- Regional regulation and the realities of compliant acquisition
- What’s next for performance-driven partnerships in online trading
Speakers:
-Adam Button, Chief Currency Analyst at investingLive
-Zander Van Der Merwe, Key Individual & Head of Sales at TD Markets
-Brunno Huertas, Regional Manager – Latin America at Tickmill
-Paul Chalmers, CEO at UK Trading Academy
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #BrokerGrowth #FintechPartnerships #RegionalMarkets
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
When acquisition costs rise and AI generated reviews are exactly as useful as they sound, performing and fair partners can make or break brokers.
This session looks at how these players are shaping access, trust and user engagement, and what the most effective partnership models look like in 2025.
Key Themes:
- Building trader communities through education and local expertise
- Aligning broker incentives with long-term regional strategies
- Regional regulation and the realities of compliant acquisition
- What’s next for performance-driven partnerships in online trading
Speakers:
-Adam Button, Chief Currency Analyst at investingLive
-Zander Van Der Merwe, Key Individual & Head of Sales at TD Markets
-Brunno Huertas, Regional Manager – Latin America at Tickmill
-Paul Chalmers, CEO at UK Trading Academy
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #BrokerGrowth #FintechPartnerships #RegionalMarkets
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
The Leap to Everything App: Are Brokers There Yet?
The Leap to Everything App: Are Brokers There Yet?
As the arms race to bundle investing, personal finance, and wallets under super apps grows fiercer, brokers are caught between a rock and a hard place.
This session explores unexpected ways for industry players to collaborate as consumer habits evolve, competitors eye the traffic, and regulation becomes more nuanced.
Speakers:
-Laura McCracken,CEO | Advisory Board Member at Blackheath Advisors | The Payments Association
-Slobodan Manojlović,Vice President | Lead Software Engineer at JP Morgan Chase & Co.
-Jordan Sinclair, President at Robinhood UK
-Simon Pelletier, Head of Product at Yuh
Gerald Perez, CEO at Interactive Brokers UK
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
As the arms race to bundle investing, personal finance, and wallets under super apps grows fiercer, brokers are caught between a rock and a hard place.
This session explores unexpected ways for industry players to collaborate as consumer habits evolve, competitors eye the traffic, and regulation becomes more nuanced.
Speakers:
-Laura McCracken,CEO | Advisory Board Member at Blackheath Advisors | The Payments Association
-Slobodan Manojlović,Vice President | Lead Software Engineer at JP Morgan Chase & Co.
-Jordan Sinclair, President at Robinhood UK
-Simon Pelletier, Head of Product at Yuh
Gerald Perez, CEO at Interactive Brokers UK
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #Innovation
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
Mind The Gap: Can Retail Investors Save the UK Stock Market?
Mind The Gap: Can Retail Investors Save the UK Stock Market?
As the dire state of listing and investment in the UK goes from a financial services problem to a national challenge, the retail investing industry is taken to task.
Join a host of executives and experts for a candid conversation about the future of millions of Brits, as seen from a financial services standpoint:
-Are they happy with the Leeds Reform, in principle and in practice?
-Is it the government’s job to affect the ‘saver’ mentality? Is it doing well?
-What can brokers and fintechs do to spur UK investment?
-How can the FCA balance greater flexibility with consumer protection?
Speakers:
-Adam Button, Chief Currency Analyst at investingLive
-Nicola Higgs, Partner at Latham & Watkins
-Dan Lane, Investment Content Lead at Robinhood UK
-Jack Crone, PR & Public Affairs Lead at IG
-David Belle, Founder at Fink Money
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #RetailInvesting #UKFinance
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
As the dire state of listing and investment in the UK goes from a financial services problem to a national challenge, the retail investing industry is taken to task.
Join a host of executives and experts for a candid conversation about the future of millions of Brits, as seen from a financial services standpoint:
-Are they happy with the Leeds Reform, in principle and in practice?
-Is it the government’s job to affect the ‘saver’ mentality? Is it doing well?
-What can brokers and fintechs do to spur UK investment?
-How can the FCA balance greater flexibility with consumer protection?
Speakers:
-Adam Button, Chief Currency Analyst at investingLive
-Nicola Higgs, Partner at Latham & Watkins
-Dan Lane, Investment Content Lead at Robinhood UK
-Jack Crone, PR & Public Affairs Lead at IG
-David Belle, Founder at Fink Money
#fmls #fmls25 #fmevents #Brokers #FinanceLeadership #Trading #Fintech #RetailInvesting #UKFinance
Connect with us at:
🔗 LinkedIn: / financemagnates-events
👍 Facebook: / financemagnatesevents
📸 Instagram: / fmevents_official
🐦 Twitter: / f_m_events
🎥 TikTok: / fmevents_official
