This week, State Street appointed John Woods as the next Chief Financial Officer, while Crossover Markets hired Kevin Wolf to take on the same role.
Elsewhere, Lee Holmes returned to INFINOX as CEO.
In our weekly executive moves coverage, State Street and Crossover Markets have both been named new Chief Financial Officers. Matthew Cousens joined Clear Street to lead its electronic execution operations across Europe, the Middle East, and Africa.
Meanwhile, Holmes returned to INFINOX as CEO, as FxPro’s COO departed to join Equiti Dubai as the Group Head of Trading.
State Street appoints new CFO
State Street Corporation named longtime finance executive John Woods its next Chief Financial Officer. Woods, who will join the firm in late August, brings a 38-year career in financial leadership to one of the world’s major custodians of institutional assets.
John Woods, Source: Finance Magnates
Woods will succeed Mark Keating, who has held the CFO position on an interim basis since February. Upon his arrival, Woods will report directly to State Street Chairman and CEO Ron O’Hanley. Keating, meanwhile, will continue as CFO of the firm’s largest business unit, Investment Services.
Another company welcoming a new CFO is Crossover Markets Group. The firm, which offers a cryptocurrency electronic communication network (ECN) among other technologies, hired Kevin Wolf into the role.
Wolf has been associated with the company since June 2024 and was most recently CFO at the American Financial Exchange. Wolf’s appointment came within a year after Crossover secured $12 million in a Series A funding round.
Also this week, Clear Street, a prime brokerage and financial infrastructure firm, tapped Matthew Cousens to lead its electronic execution operations across Europe, the Middle East, and Africa.
Matthew Cousens, Source: LinkedIn
Based in London, Cousens will focus on building out the company’s execution capabilities to serve institutional clients in the region better. The move is part of Clear Street’s expansion of services outside the United States.
FCA-regulated broker INFINOX Capital enlisted Lee Holmes as CEO. The appointment marks a return to INFINOX for Holmes, who previously served in an executive management role at the company from May 2022 to April 2023.
Lee Holmes, Source: LinkedIn
Before rejoining INFINOX in September 2024, Holmes served as Senior Manager for Liquidity Sales at Exinity and previously held the role of Head of Institutional Sales at Hantec Markets. His career also includes significant experience at ATFX UK and FXCM, where he worked in institutional and introducing broker sales roles.
Lastly, Yiannos Xenophontos has left FxPro after over 14 years to join Equiti Dubai as the Group Head of Trading. At FxPro, he was most recently the Group Chief Operating Officer and Head of Dealing on Own Account.
Yiannos Xenophontos
Xenophontos joined FxPro in mid-2010 as a Forex Dealer at the broker’s execution department. He later climbed the corporate ladder to become the Assistant Chief Dealer and then the Group Chief Dealer for Trading Operations.
In our weekly executive moves coverage, State Street and Crossover Markets have both been named new Chief Financial Officers. Matthew Cousens joined Clear Street to lead its electronic execution operations across Europe, the Middle East, and Africa.
Meanwhile, Holmes returned to INFINOX as CEO, as FxPro’s COO departed to join Equiti Dubai as the Group Head of Trading.
State Street appoints new CFO
State Street Corporation named longtime finance executive John Woods its next Chief Financial Officer. Woods, who will join the firm in late August, brings a 38-year career in financial leadership to one of the world’s major custodians of institutional assets.
John Woods, Source: Finance Magnates
Woods will succeed Mark Keating, who has held the CFO position on an interim basis since February. Upon his arrival, Woods will report directly to State Street Chairman and CEO Ron O’Hanley. Keating, meanwhile, will continue as CFO of the firm’s largest business unit, Investment Services.
Another company welcoming a new CFO is Crossover Markets Group. The firm, which offers a cryptocurrency electronic communication network (ECN) among other technologies, hired Kevin Wolf into the role.
Wolf has been associated with the company since June 2024 and was most recently CFO at the American Financial Exchange. Wolf’s appointment came within a year after Crossover secured $12 million in a Series A funding round.
Also this week, Clear Street, a prime brokerage and financial infrastructure firm, tapped Matthew Cousens to lead its electronic execution operations across Europe, the Middle East, and Africa.
Matthew Cousens, Source: LinkedIn
Based in London, Cousens will focus on building out the company’s execution capabilities to serve institutional clients in the region better. The move is part of Clear Street’s expansion of services outside the United States.
FCA-regulated broker INFINOX Capital enlisted Lee Holmes as CEO. The appointment marks a return to INFINOX for Holmes, who previously served in an executive management role at the company from May 2022 to April 2023.
Lee Holmes, Source: LinkedIn
Before rejoining INFINOX in September 2024, Holmes served as Senior Manager for Liquidity Sales at Exinity and previously held the role of Head of Institutional Sales at Hantec Markets. His career also includes significant experience at ATFX UK and FXCM, where he worked in institutional and introducing broker sales roles.
Lastly, Yiannos Xenophontos has left FxPro after over 14 years to join Equiti Dubai as the Group Head of Trading. At FxPro, he was most recently the Group Chief Operating Officer and Head of Dealing on Own Account.
Yiannos Xenophontos
Xenophontos joined FxPro in mid-2010 as a Forex Dealer at the broker’s execution department. He later climbed the corporate ladder to become the Assistant Chief Dealer and then the Group Chief Dealer for Trading Operations.
“Marketing Teams Want to Get Content Out as Fast as Possible”: Surveill CEO on AI, Brokers, and Compliance
Executive Interview | Charlotte Bullock | Chief Product Officer, Bank of London | FMLS:25
Executive Interview | Charlotte Bullock | Chief Product Officer, Bank of London | FMLS:25
In this interview, we sat down with Charlotte Bullock, Head of Product at The Bank of London, previously at SAP and now shaping product at one of the sector’s most ambitious new banking players.
Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.
We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.
In this interview, we sat down with Charlotte Bullock, Head of Product at The Bank of London, previously at SAP and now shaping product at one of the sector’s most ambitious new banking players.
Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.
We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown