Exclusive: Tickmill’s head of derivatives Rex Johnson quits

abdelaziz Fathi

FX derivatives veteran Rex Johnson has quit London-based retail brokerage Tickmill and is headed to the institutional side, FinanceFeeds has learned.

Mr. Johnson is a highly experienced derivatives professional, having 20 plus years of experience in the industry where he held various leadership roles based out of London.

He is parting ways with Tickmill after spending two years as head of derivatives sales and trading. During this stint, he drove the growth of the cleared derivatives business with global listed investment exchanges, along with his expanded responsibilities in the company’s FX retail brokerage business. He was also instrumental in expanding the broker’s product portfolio with the launch of futures trading to capitalize on the growing popularity for such instruments outside their traditional users.

Without uncovering his next intention, we understand that Johnson leaves Tickmill on great footing and he has been contacted by a number of exchanges.

Johnson has originally joined the brokerage firm in December 2019. He has been deeply involved in the derivatives industry since 1998 when he started his career.

A transition period at Tickmill

Prior to Tickmill, Rex spent two years with Trust One Financial Services. There, he was entrusted with expanding the company’s European physical gold business and establishing partnerships to help lift the brand of Trust One as a Full-Scope, FCA-regulated settlement brokerage.

A 5-year tenure as a senior manager of listed derivatives & securities finance sales at Valbury Capital took Johnson’s career between 2012 and 2017. That was preceded by a short stint in an analogous role with US market maker StoneX (formerly INTL FCStone).

In 2019, Johnson joined blockchain firm Aurus Technologies as a non-executive advisor. The fintech company aims to replicate the traditional gold market in a digital way. However, we understand that Aurus isn’t Johnson’s next destination even as many FX execs have recently crossed the world of mainstream investment to set foot in the cryptocurrency industry.

Johnson’s departure comes amidst a transition period at Tickmill which saw a number of executive reshuffles and new projects in recent months. Earlier this year, the company parted ways with Petros Kalaitzis who held several client-facing roles for nearly three years.

Tickmill is a group of companies with UK FCA, Cypriot CySEC, SC FSA, South African FSCA and Malaysian LFSA licenses. We last reported on the company when it expanded its offering through incorporating the MetaTrader 5 (MT5) platform into its live trading infrastructure.

Read this next

Digital Assets

Masa and LayerZero: Bridging Blockchains for Data Sovereignty

Masa Network is poised to revolutionize the personal data landscape with its upcoming launch as a cross-chain platform, making it accessible on a variety of blockchains right from the start.

Digital Assets

Big Time Generates over $100M in Revenue since Preseason

Innovative game developer Big Time Studios announces that its highly anticipated free-to-play multiplayer action/MMO RPG Big Time, has generated $100M in revenue. According to the team, players transacted a total volume of over $230M, without selling a single token.

Digital Assets

Centralized exchanges are 10 times more popular than DEXs in Western Europe

Western European traders are found to prefer centralized exchanges over decentralized ones as CEX traffic outpaces DEXs by a factor of ten.

Market News

Stock Market Analysis: Is NVDA Losing Its Leadership?

Since the beginning of the week, the S&P 500 Index (US500) has seen a modest increase of about 0.58%, whereas NVDA’s share price has experienced a decline of approximately 3.8%. This recent divergence raises concerns among Nvidia stock investors — could it signify a loss of NVDA’s market leadership?

Industry News

ESG: Australian regulator wins first greenwashing court case against Vanguard

Vanguard admitted that a notable portion of the securities within both the Index and the Fund did not undergo the promised ESG scrutiny.

Fintech, Uncategorized

BitMEX integrates HALO from Solidus Labs for cross-market surveillance

“The recent approval of the Spot Bitcoin ETF has piqued the market’s interest. As a result of price volatility, the trading volumes for crypto derivatives have gone up substantially. HALO, with its advanced technology and crypto-native detection architecture, will enable BitMEX to smoothly and safely scale trade surveillance across its increased trading volumes and provide the necessary safeguards for new product launches.”

Reviews

IUX Broker Review

IUX, recently rebranded from IUX Markets, stands as a multi-asset Forex broker recognized for its regulatory compliance across various jurisdictions.

Industry News

Horizon Software rebrands to Horizon Trading Solutions

“Horizon Trading Solutions has seen accelerated global growth over the past year to meet the rising demand for our trading solutions and built-for-purpose technology offering. The choice to rebrand represents a key part of this development, while maintaining our heritage and history in the industry.”

Market News

USDJPY has surged to levels last witnessed in 2022. Should we consider opening a short position?

The recent resurgence of the US dollar has propelled USD/JPY to new heights, touching levels not seen since 2022. This surge comes against the backdrop of stable short-term yields and ongoing economic data that fails to signal a significant slowdown, prompting questions about the extent of current monetary easing measures.

<