Skilling, a foreign exchange and CFD online trading platform, has revealed exclusively to Finance Magnates that despite the current climate, the broker has pushed forward with its 2020 global expansion by extending its physical presence to London.
Leading the European broker’s operations in the United Kingdom is David Berg, who joined the Skilling Group earlier this month as a global sales director. He is in charge of creating the global commercial customer-facing division for the broker in the region.
As part of this expansion, Skilling already secured authorization from the Financial Conduct Authority (FCA) to establish a branch within the UK earlier this year, allowing the company to continue operating within the region after Brexit.
Initially, Skilling will open a representative office in London in order to accommodate its immediate hiring and strategic goals in 2020, the company said in a statement seen by Finance Magnates. The broker will evaluate this set up at the end of the year.
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Commenting on the appointment, Pavel Spirin, CCO at Skilling Group, said: “London is a global financial centre and a key location for us in terms of growth and further expansion. Not only does it give us access to, probably, the world’s most diverse talent pool but also positions us well for building key relationships in the industry with our customers, suppliers, and regulatory authorities. David is a key hire for us, and I am very excited to see it through.”
As Finance Magnates reported, Skilling is regulated in a number of jurisdictions, with licenses under the Cyprus Securities and Exchange Commission (CySEC) and under the Financial Services Authority (FSA) in Seychelles, in addition to the FCA UK Branch authorization.
David Berg joins Skilling from ActivTrades
David Berg joins the broker with more than 13 years of experience in the FX industry. During his career, he has held a number of senior sales and commercial roles across brokers within the industry – ActivTrades, ATFX, eToro, London Capital Group, among others.
“I am thrilled to join Skilling at such an exciting stage in the company’s growth cycle and look forward to driving the sales and commercial operations from London with new product offerings and initiatives,” David added.