Eightcap hires ex-IG, ex-StoneX Alex Howard as CEO

Rick Steves

“In my first weeks, the priority is to immerse myself in the business, including connecting with the global team, developing a nuanced understanding of strategy and operations, and listening to clients.”

Eightcap has announced the appointment of Alex Howard as Chief Executive Officer of the Australian-founded derivatives broker, commencing in the role this month.

Alex Howard joins Eightcap after several senior positions within the FX industry, having most recently played the role of Head of Asia Pacific at two of the world’s leading brokers, StoneX (Retail) and IG Group.

Having started out at BCG Brokers in 2006, he joined IG in 2010 and climbed the ladder all the way to Head of Pacific, based in Singapore from 2016 to 2018. He then moved to GAIN Capital in 2018 as Managing Director of APAC and then Head of Retail APAC. GAIN Capital was later acquired by StoneX.

“Eightcap is in great shape”

Alex Howard, incoming CEO of Eightcap, said: “The team’s accomplishments have helped to establish Eightcap as a leader in the industry and a trusted partner for traders around the world. Eightcap is in great shape and I’m looking forward to exploring how we can achieve new heights
and drive continued growth and success for the company.

“In my first weeks, the priority is to immerse myself in the business, including connecting with the global team, developing a nuanced understanding of strategy and operations, and listening to clients.”

Joel Murphy, Founder and outgoing CEO of Eightcap, will continue to serve as a non-executive chairman, providing guidance and support to the company while pursuing additional opportunities. He stated his confidence that Eightcap will continue to thrive under Alex Howard’s leadership.

“Alex is an outstanding choice, bringing over a decade of experience in financial services, a deep knowledge of the derivatives industry, and a proven track record of success in leadership roles. He was chosen after an extensive and extremely competitive selection process. Since launching in 2009, Eightcap has grown from strength to strength. We’ve experienced a period of significant expansion and development over the last decade, including launching the largest cryptocurrency derivatives offering in the industry.

“I am confident that Alex’s understanding of, and alignment with, our mission and values – which center on providing clients with an exceptional trading experience through access to the best tools, education, and products – will be instrumental in driving Eightcap’s continued success.”

Eightcap is a multi-regulated FX & CFD brokerage company, based in Melbourne, Australia. The firm holds licenses from the Australian Securities and Investments Commission (ASIC), the Financial Conduct Authority (FCA), the Cyprus Securities and Exchange Commission (CYSEC) and the Securities Commission of The Bahamas (SCB).

The broker provides online Forex and CFD trading solutions via the award-winning MT4 and MT5 trading platforms, as well as trading to retail and institutional clients across Forex, Indices, Commodities, Shares, and Crypto markets.

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