promotes Rupert Osborne to CEO of UK operation

Rick Steves

The newly created position of UK CEO at follows the recent temporary halt on the onboarding of new clients from the United Kingdom. has announced the appointment of Rupert Osborne as CEO of its UK FCA-authorized entity, Capital Com UK Limited.

Rupert Osborne will be responsible for all UK operations and will be tasked with setting the strategic direction for the business and overseeing all material controls.

The UK CEO responsibilities were previously undertaken by the Group CEO, Kypros Zoumidou, but the company decided to establish a standalone UK CEO role to better align with local client needs and market dynamics.

Rupert Osborne joined from IG

Having joined in June 2022, Rupert Osborne spent more than 15 years in trading and sales roles in the UK and US and was made an Executive Director at the start of the year.

After working on the dealing desk at IG for several years, he became Deputy Head of Dealing for FX and cryptocurrency products. In 2017, he was appointed as CEO of IG US, where he launched and gained regulatory approval for the firm, before growing it into a significant new competitor in the US FX market.

After 11 years at IG, Osborne briefly led Malta-licensed crypto exchange Koala Capital and offered consultancy services to Pepperstone before joining in 2022.

Rupert’s appointment as UK CEO follows the recent appointment of Tarik Chebib as the CEO of’s new Middle East operations. Based in Dubai, Tarik will oversee Capital Com MENA Securities Trading LLC (Capital Com MENA), which is authorised and regulated by the Securities and Commodities Authority (SCA). With these new regional CEO appointments, aims to build strong local leadership teams empowered to drive growth and innovation in each market.

“Rupert will steer the business forward”

Rupert Osborne, CEO of UK, said: “I am excited to step up to the role of UK CEO at and lead a team of talented people. Together, we will build upon our many successes to deliver on the next stage of our strategy. By continuously enhancing our offering and forging strategic partnerships with like-minded innovators, we aim to deliver the best products and services to meet the exacting needs of our UK client base.”

Kypros Zoumidou, Group CEO of, said: “I am delighted to announce Rupert’s appointment as CEO of UK. As CEO of the UK operations, Rupert will steer the business forward while delivering the highest level of service to our clients in the UK. Rupert’s appointment reflects our dedication to staying at the forefront of our clients’ diverse needs while driving growth in step with local market changes, regulations, and best practices.” paused onboarding of UK clients

The newly created position of UK CEO at follows the recent temporary halt on the onboarding of new clients from the United Kingdom. Prospective clients attempting to sign up on the platform were met with a message stating the company’s decision to pause new client registrations in the UK for the time being.

The message provided to those trying to sign up is clear: “We have made the decision to pause onboarding new clients in the UK for now. We have grown rapidly as a business and we want to make sure that all our systems, controls, products and services are provided to the high standards that are demanded by our clients, management, shareholder and regulators.”

Per its most recent reports, the UK business of saw its operating revenue double to £29.1 million in FY 2022, up from £15.4 million a year ago.

In terms of its bottom line, the firm reported its net profit at a figure of £4.1 million for 2022, higher than £1.85 million in the previous year.

Read this next


Top Bullish Crypto: & Pepe Coin Price Surge, But BlockDAG Sees Investor Rush as X Series Miners Stand Out

Compare (FET) Bull Run, Pepe Coin price, and top bullish crypto BlockDAG. Discover why BlockDAG’s innovation and growth potential make it the best choice.

Digital Assets

Coinbase resumes XRP trading in New York after nine-month hiatus

Coinbase has resumed trading for XRP in New York, the company’s chief legal officer, Paul Grewal, announced on Thursday. This comes after a nine-month suspension of the cryptocurrency on the exchange due to regulatory scrutiny.

Institutional FX

Swissquote joins Fortex Hub to expand liquidity distribution

ECN trading platform and technology provider, Fortex Inc. has announced a new integration with Swissquote Group, Switzerland’s provider of online trading services.


Multipool Enters Partnership with Mobilum Offering Users Fiat to DeFi On/Off Ramp

Multipool, a leading innovator in the blockchain and cryptocurrency industry announces a corporate partnership with Mobilum.

Retail FX

IC Markets taps TipRanks’ trading research tools

Sydney-based IC Markets has completed integration of TipRanks’s rating tools, which ranks analysts and financial bloggers based on their picks’ performance analysis, in a bid to provide its clients with new research capabilities.

Digital Assets shelves plan to operate in Hong Kong

Gate Digital Ltd (Gate HK) announced it is winding down operations and has withdrawn its application for a crypto trading platform license in Hong Kong.


Sui and Mesh Combine Forces to Bring Simplified Transactions Across the Sui Ecosystem

With the addition of the Mesh platform, Sui Wallet will achieve product parity with the world’s largest self-custody wallets, while Mesh now natively supports the SUI token

Market News, Tech and Fundamental, Technical Analysis

EURGBP Technical Analysis Report 23 May, 2024

EURGBP currency pair can be expected to rise further toward the next resistance level 0.8560.

Digital Assets

Bybit denies financial woes and hacking rumors

Ben Zhou, CEO of Dubai-based cryptocurrency exchange Bybit, has refuted circulating rumors that the platform has been hacked or is insolvent. Zhou addressed the speculations in a post on the social media platform X.