Lucian Lauerman has been promoted to Chief Executive Officer of OANDA Europe Limited. The development comes amid wider leadership changes linked to the acquisition process involving FTMO. FTMO founders Otakar Šuffner and Marek Vašíček have taken on co-chief executive roles at OANDA following discussions with Gavin Bambury, who stepped down from the position.

From Digital Assets to CEO Role

Lauerman’s promotion follows a series of senior roles he has held within OANDA. He served as Deputy Chief Operating Officer for over two years before taking the CEO role.

Before that, he worked as Head of Digital Assets for around two and a half years. In that role, he focused on digital asset and crypto-related initiatives within the firm. Prior to this, he spent a little over two years as Head of Data Services, also based in London.

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Earlier in his career, Lauerman worked at Saxo Bank for about seven years. During that time, he held senior positions in electronic distribution and API business. He first served as Head of API Business for several years before moving into the role of Global Head of Electronic Distribution for just under three years.

Before joining Saxo Bank, he worked at Lloyds Banking Group for a little under three years. He held roles in eProduct management and later as eProduct director.

OANDA Prop Trader Moves FTMO Group

Meanwhile, OANDA’s proprietary trading business, OANDA Prop Trader, is set to be transferred to the FTMO group. The migration began on March this year, and clients moving to FTMO’s platform will gain access to its trading infrastructure.

Clients who do not migrate will receive refunds where applicable, and some may also receive additional incentives. The transition allows OANDA to focus on its core brokerage operations while separating its proprietary trading activity into a dedicated platform under FTMO.

Separately, FTMO has expanded into India, where interest in prop trading has increased since 2023. Several prop trading firms, including FundingPips, The5ers, FundedNext, and Maven, report that India accounts for a significant share of web traffic, particularly among younger traders.