Exclusive: After just 4 days in the office, ETX Capital veteran Joe Rundle leaves his MD position at GKFX, joins ThinkMarkets

A large subject of discussion in London this morning is the appointment by ThinkMarkets of Joe Rundle, after he quit his position as Managing Director of GKFX after just four days in the office, having joined from ETX Capital where he spent 12 years prior to joining GKFX.

london

The talk of the town in the Square Mile this morning is prominent FX industry figure Joe Rundle’s appointment today at ThinkMarkets (formerly ThinkForex) as Head of Dealing.

Mr. Rundle joins ThinkForex today from GKFX, where he was appointed Managing Director of the UK division of the Turkish brokerage, having spent just four days in the office before leaving the company.

3751ba3

Before joining GKFX this month which resulted in one of the shortest executive tenures in the retail FX industry’s history, Mr. Rundle spent 12 years at British spread betting stalwart ETX Capital, where he was Head of Trading and Partnerships between July 2010 and August this year, preceded by Head of CFDs and Execution between 2004 and 2010.

Coming from a background in interbank trading, Mr. Rundle was with Fleet Bank as a trader between November 2002 and 2004 before embarking on his longstanding tenure at ETX Capital.

Joining ThinkMarkets today as Head of Dealing, Mr. Rundle is the latest of a recent series of good quality recruits, another example being Adil Siddiqui, who joined ThinkMarkets as Director of Operations in mid 2016 after four years as Director of Operations and Compliance at India-focused British firm Tradenext

Read this next

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.

Financewire

Kinesis Mint becomes the official partner for the House of Mandela

Kinesis Mint, the certified independent precious metals mint and refinery of Kinesis, the monetary system backed by 1:1 allocated gold and silver, has been appointed the exclusive coin producer for the House of Mandela.

Chainwire

Kadena Announces Annelise Osborne as Chief Business Officer

Kadena, the only scalable Layer-1 Proof-of-Work blockchain, expands its leadership team by onboarding Annelise Osborne as Kadena’s new Chief Business Officer (CBO).

<