We sat down with Max Hayden to discuss personnel onboarding, business strategies and ITI's plans for the future
There have been big changes at ITI Capital in recent months. ITI Group acquired and merged Walbrook Capital Markets and Uralsib Securities to create ITI Capital in the latter stages of 2017.
Since then the firm has brought in new personnel and shifted its business strategy. Finance Magnates spoke with recently appointed CEO Max Hayden this week to discuss the firm’s plans for the future.
Hayden is not the only newcomer to ITI Capital. Since joining as CEO in October of last year, he has overseen a host of new executives joining the firm. To name just two, Richard McCall, formerly CEO of Sun Trading, has joined as Chief Operating Officer and Stephen Farrell, the former Head of the Equity Trading Desk at Liquidnet, is now ITI’s Director of Institutional Equity Sales and Trading.
The reshift in personnel reflects a broader change in business strategy. ITI is owned by Davinci Capital, an investment manager that focuses its efforts on Fintech firms.
“We’re looking to grow through acquisitions and new business lines,” said Hayden, “and while we forge ahead with those plans, we’ll have one eye on technology and look at what new services we can provide.”
Demonstrating its commitment to those plans, ITI has just signed a deal with Torstone. The partnership will see Torstone supporting ITI by providing it with post-trade services.
Into the black
While new personnel and a FinTech partnership are certainly positive moves, there is still work to do for ITI. The company’s most recent financial report, which admittedly reflects poorly on the company’s past owners rather than its current ones, shows it lost £5.04 million ($6.77 million) after tax last year.
How do you turn around those sorts of numbers? According to Hayden, the company has a number of plans in store that should help to rectify the situation. For starters, the firm will be providing prime brokerage services to institutional clients. Davinci Capital’s connections to Russian and Eurasian markets also offer the firm an avenue of pursuit.
“Access to the Russian markets for institutions and for sophisticated trading firms is an expected direction of travel for us” said Hayden, noting that demand for ITI’s services was strong in the region.
The Acquisition of Uralsib will help with these efforts. The UK-based broker-dealer has traditionally provided global clients with access to emerging markets and access to global markets for Russian and Eurasian clients.
With existing connections in the region, ITI will be targeting money managers and high net worth individuals as well.
“There’s a big demand from those clients to trade in western Europe,” said Hayden - one that ITI hopes to satisfy.
There have been big changes at ITI Capital in recent months. ITI Group acquired and merged Walbrook Capital Markets and Uralsib Securities to create ITI Capital in the latter stages of 2017.
Since then the firm has brought in new personnel and shifted its business strategy. Finance Magnates spoke with recently appointed CEO Max Hayden this week to discuss the firm’s plans for the future.
Hayden is not the only newcomer to ITI Capital. Since joining as CEO in October of last year, he has overseen a host of new executives joining the firm. To name just two, Richard McCall, formerly CEO of Sun Trading, has joined as Chief Operating Officer and Stephen Farrell, the former Head of the Equity Trading Desk at Liquidnet, is now ITI’s Director of Institutional Equity Sales and Trading.
The reshift in personnel reflects a broader change in business strategy. ITI is owned by Davinci Capital, an investment manager that focuses its efforts on Fintech firms.
“We’re looking to grow through acquisitions and new business lines,” said Hayden, “and while we forge ahead with those plans, we’ll have one eye on technology and look at what new services we can provide.”
Demonstrating its commitment to those plans, ITI has just signed a deal with Torstone. The partnership will see Torstone supporting ITI by providing it with post-trade services.
Into the black
While new personnel and a FinTech partnership are certainly positive moves, there is still work to do for ITI. The company’s most recent financial report, which admittedly reflects poorly on the company’s past owners rather than its current ones, shows it lost £5.04 million ($6.77 million) after tax last year.
How do you turn around those sorts of numbers? According to Hayden, the company has a number of plans in store that should help to rectify the situation. For starters, the firm will be providing prime brokerage services to institutional clients. Davinci Capital’s connections to Russian and Eurasian markets also offer the firm an avenue of pursuit.
“Access to the Russian markets for institutions and for sophisticated trading firms is an expected direction of travel for us” said Hayden, noting that demand for ITI’s services was strong in the region.
The Acquisition of Uralsib will help with these efforts. The UK-based broker-dealer has traditionally provided global clients with access to emerging markets and access to global markets for Russian and Eurasian clients.
With existing connections in the region, ITI will be targeting money managers and high net worth individuals as well.
“There’s a big demand from those clients to trade in western Europe,” said Hayden - one that ITI hopes to satisfy.
Institutional FX Demand Continues to Climb in April
Network, Learn, Grow | FMAS:24
Network, Learn, Grow | FMAS:24
Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
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#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
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Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
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Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
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Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
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Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
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Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
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Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
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Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
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Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
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