ACY Securities elevates Alla Darwish to MENA managing director

abdelaziz Fathi

Sydney-based FX and CFDs broker, ACY Securities has announced appointment of Alla Darwish as its new Managing Director for the Middle East and Africa (MENA) region.

Darwish has been promoted to take on an expanded role after he served for more than three years as head of marketing for the company’s business in the Middle East.

In his new role, he will lead ACY Securities’ growth strategy, responsible for scaling the business across the MENA region at a time of rapid change for the online trading industry. He will also serve ‎as a pivotal addition to ACY Securities’ senior leadership team to ‎spearhead its growth in the relevant markets.

Prior to landing at the Australian broker, Alla held similar roles at different companies, mostly based out of Sydney and Amman, Jordan. He brings 14 years of experience in leadership years roles, the bulk of which was spent within the FX industry. This includes a total of five years tenure as a sales trading manager at APEX FX Trading.

With a broad ‎background in various capacities, Darwish’s experience and contacts in the sector will help develop ACY’s brokerage solutions for the MENA region. ‎

ACY placing a big emphasis on FinTech

His appointment comes at a time when ACY Securities is placing a big emphasis on FinTech based solutions. ACY’s sister company, Zerologix, is developing a social sharing charting platform, called Finlogix.

As such, the company expects to leverage Darwish’s experience to help strengthen its MENA position as they expand their retail, institutional, and Fintech offerings.

Earlier in July, ACY Securities opened a new office in Melbourne as part of its continuing growth and expansion. The launch of its new office, which is another corporate milestone for ACY Securities also coincides with the plans for a consolidation of ACY Securities, the financial services arm, and Zerologix, the sister technology arm of the ACY Group of companies to form a new holding company, ACYLogix Pty Ltd.

Read this next

Digital Assets

Revolut receives FCA’s go-ahead to launch crypto trading

British fintech and banking firm Revolut has received a regulatory go-ahead to launch its cryptocurrency services in the UK.

Digital Assets

GBTC share is trading at 36% below bitcoin spot price

Grayscale Bitcoin Trust share has widened its discount relative to the underlying cryptocurrency held in the fund, the highest margin ever since its debut in 2013. Digital Currency Group’s flagship GBTC shares traded at a discount of 35.8% to net asset value (NAV) today.

Digital Assets

Crypto lender Nexo investigated by 8 US state regulators

State securities regulators in New York, California, Kentucky, Maryland, Oklahoma, South Carolina, Washington and Vermont are investigating crypto lender Nexo for allegedly failing to register its Earn Interest Product.

Metaverse Gaming NFT

Astar Network’s ad features 329 top brands to support Web3 in Japan

Blockchain innovation hub Astar Network is making strides in promoting the Web3 adoption worldwide. In yet another milestone, the smart contracts platform has run a national newspaper ad in Japan that set a new global record with participation from 329 blue-chip firms.

Digital Assets

Pyth Network welcomes onchain data from crypto market maker Auros

“By sharing our high-frequency trading data with a truly onchain decentralized network, we aim to foster innovation that will lead to better financial solutions for all participants.”

Digital Assets

Tokeny integrates Ownera to boost liquidity of tokenized assets

“The adoption of FinP2P will result in higher liquidity and better access to capital and assets by providing regulated firms with one secure point of connection to multiple digital asset networks across the globe.”

Digital Assets

BingX launches subsidy vouchers to cover user losses in copy trading

“With the introduction of copy trade subsidy vouchers, new users can easily try out trading strategies without incurring losses.”

Digital Assets

Talos expands sales team: Frank van Zegveld, Matt Houston, Hillary Conley

“The extensive leadership and industry expertise of these new hires will enable us to build long-lasting relationships as we continue to build out our global presence in EMEA and beyond.”

Executive Moves

FX and CFD broker Emporium Capital hires industry veteran Robert Woolfe as COO

His past experience within the FX and CFD industry includes top roles at Capital Index, London Capital Group, GKFX, ETX Capital, and IG.  “I’m delighted to be part of the Emporium Capital team and spearheading the brokerages global expansion plans”, he said about the appointment.