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.

Read this next

blockdag

Best Crypto to Buy: BlockDAG Presale Hits $20.1M Following Moon-Shot Keynote Teaser as Dogecoin & Shiba Inu Prices Plummet

This landmark achievement sets it apart in the cryptocurrency landscape, where traditional favorites like Dogecoin and Shiba Inu are witnessing a price decline.

Digital Assets

MetaMask developer sues SEC over regulatory overreach

Ethereum ecosystem developer Consensys Software has filed a lawsuit against the U.S. Securities and Exchange Commission (SEC), challenging the agency’s regulatory actions concerning Ethereum and its related services.

Institutional FX

Tradeweb pulls in $408.7 million in Q1 revenue amid record trading volumes

Tradeweb Markets Inc. (NASDAQ: TW) has just announced its financial results for the first quarter of 2024, which showed a robust performance for the three months through March.

Institutional FX

BGC Group valued at $667 million following investment by major banks

BGC Group announced that its exchange platform, FMX Futures, is now valued at $667 million after receiving investments from a notable consortium of financial institutions.

blockdag

Transforming a Bankrupt Investor into a Cryptocurrency Giant; Can BlockDAG Replicate Ethereum’s Meteoric Rise With 30,000x Predictions?

The realm of cryptocurrency investing presents a thrilling blend of challenges and opportunities. The legendary gains by early Ethereum investors serve as a powerful lure for those seeking the next major breakthrough.

Digital Assets

SEC delays decision on spot bitcoin options ETFs

The U.S. Securities and Exchange Commission (SEC) has postponed its decision on whether to authorize options trading on spot bitcoin ETFs, extending the review period by an additional 45 days. The new deadline for the SEC’s decision is now set for May 29, 2024.

Market News, Tech and Fundamental, Technical Analysis

Solana Technical Analysis Report 25 April, 2024

Solana cryptocurrency can be expected to fall further toward the next support level 130.00, target price for the completion of the active impulse wave (i).

Digital Assets

Morgan Stanley to sell bitcoin ETFs to clients

Morgan Stanley may soon allow its 15,000 brokers to recommend bitcoin ETFs to their clients, as reported by AdvisorHub.

Digital Assets

Masa Announces Comprehensive AI Developer Ecosystem with 13 Dynamic Partners Focused on Leveraging Decentralized Data and Large Language Models

In a groundbreaking development, Masa, the global leader in decentralized AI and Large Language Models (LLMs), proudly announces the launch of its AI Developer Ecosystem, partnering with 13 visionary projects.

<