Equiti’s Yaser Zidan lands at Scope Markets as MENA sales manager
Belize-based FX and CFDs brokerage Scope Markets has appointed former Equiti executive Yaser Zidan as the newest sales manager for the Middle East and North Africa (MENA) region.
In his new role, Zidan will help take charge of the group’s sales team, with the aim of growing the broker’s market share across the MENA region. In this capacity he will be presenting Scope Markets’ business in a localized way including over time adding staff and local language services while maintaining its core focus on the retail audience.
Prior to arriving at Scope Markets, Yaser spent the entire of his career within the foreign exchange industry at Equiti, which was recently licensed by the UAE regulator to trade OTC derivatives and currencies. He joined the firm in 2016 as a senior account manager, according to information made public on his LinkedIn profile.
Yaser stepped into his new role with immediate effect, nearly two months after Scope Markets promoted Pavel Spirin to take on an expanded role as the company’s chief executive officer. He replaces the outgoing CEO Jacob Plattner, who was also a major shareholder since he resigned his position as managing director at GKFX.
In his previous role, Spirin was responsible for Scope Markets’ growth strategy, building relationships with key partners within the wider brokerage business that are essential to the company’s business. As the company’s CEO, he will help solidify Scope Markets operations in many regions as well, bringing nearly two decades of expertise in the financial services industry to the role.
Spirin started his own career in the finance space in 2013 when he assumed his first role in the FX arena as global head of acquisition at Alpari (UK) Ltd. He also served in an analogous role with the UK online broker CMC Markets. A three-year tenure at Skilling took his career between 2018 and 2021, having worked most recently as its chief commercial officer.
Earlier this year, Rostro Financials Group, a fintech group focused on capital markets and digital assets, completed the acquisition of Scope Markets.
The financial details of the transaction were not disclosed, but Rostro has bought the retail broker in an all-cash deal. Scope Markets , which is domiciled in Belize and regulated by the International Financial Services Commission (IFSC), was controlled by UAE-based entrepreneur Serkan Ismailoglu. The Middle East-focused broker also operates regulated entities in Africa, Cyprus and Mauritius.
