SGT Markets, an offshore online trading platform dealing with foreign exchange, equity index CFDs, and crypto CFDs, named Peter Kristensen as the Chief Executive Officer. Kristensen has been with the company as the Chief Financial Officer since 2022.
Experience in the Fintech Space
He also founded trademakers, a fintech firm that provides private investors with access to professional investments in alternative assets through fractionalized regulated trading strategies.
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The platform reportedly allows participation in trading programs traditionally restricted to institutions and high-net-worth individuals, with minimum investments as low as $5,000.
Read more: Mohammed Younis Becomes Noor Capital’s Brokerage CEO after Nine Months in the Role Temporarily
SGT Markets, operating as a brand of Sterling Gent Trading Ltd., holds authorization and regulation from the Financial Services Commission in the British Virgin Islands. The platform offers trading in crypto CFDs, energy CFDs, equity index CFDs, foreign exchange, and spot metals.
More Executive Moves in the New Year
Another CEO transition in the new year saw Noor Capital, the Dubai-headquartered forex and CFDs broker, appoint Mohammed Younis as permanent Chief Executive of its brokerage division, following nine months in the acting role.
Younis stepped in as Acting CEO in May last year, succeeding Mohammed Ghosheh, per his LinkedIn profile. A veteran of the firm with nearly 11 years of service, he brings deep institutional knowledge to the permanent position.
Elsewhere, Sportradar Group recently appointed Breon Corcoran, the Chief Executive Officer of IG Group, to its Board of Directors. The company is pursuing expansion into iGaming and prediction markets while preserving its core sports-focused product portfolio.
Sportradar has reportedly initiated testing of its iGaming product in Brazil, leveraging AI-driven tools for client acquisition and retention within a comprehensive strategy. The firm intends to replicate and scale this approach in bigger markets like the US.