Scope Markets, a globally regulated broker, announced today (Wednesday) that Fraser Nelson has been appointed as the new Global Head of Business Development.

Nelson brings over ten years of experience in leveraged trading across both front and back-office roles. In his new position, Nelson will oversee the company's growth strategies at the retail level worldwide.

Scope Markets provides access to a variety of asset classes and trading instruments through mobile and desktop platforms. The company operates under regulatory oversight in six jurisdictions and serves a global customer base.

Institutional Insights Fuel Growth

Before joining Scope Markets, Nelson held multiple roles at Doo Group, where he was Head of Institutional Clients from September 2023 to August 2024.

His responsibilities included building relationships with institutional clients, understanding their needs, and facilitating access to premium liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term. He also focused on business growth through cross-selling and upselling opportunities and explored international expansion.

Nelson's previous experience includes working at Centroid Solutions as Global Business Development Manager from May 2021 to June 2022, where he worked on expanding the client base and establishing new market opportunities.

Additionally, he held the position of Head of Business Development at an unnamed company from August 2022 to August 2024, focusing on new market entry and technology integration.

John Murphy, Chief Revenue Officer at Scope Markets, commented: "Fraser brings a wealth of expertise that aligns perfectly with our expansion goals. His proven track record in successfully delivering against sales development strategies will be invaluable in accelerating our global growth and helping us achieve remarkable new milestones."

Scope Markets Unveils Rebrand

The announcement of Nelson's appointment follows Scope Markets' recent rebrand, aimed at making financial markets more accessible globally. The rebrand includes new initiatives such as the launch of unleveraged fractional equity CFDs and an improved onboarding process. Further product innovations are expected in the near future.