Simon Bird, who was COO at City Index for over five years and has a long interbank career at Bear Stearns behind him, has joined the board at British spread betting and CFD company ETX Capital alongside his non-executive chairmanship at Ikon Finance.
British CFD and spread betting company ETX Capital has undergone a series of management changes this year, the largest of which was marked out by former CEO Andrew Edwards’ departure late last year after 14 years at the company, after which he became CEO of Saxo Capital Markets in London.
Replaced by IG Group alumnus Arman Tahmassebi, ETX now steers a new direction under its new CEO, this week adding another long term FX industry expert to its board.
Joining the board of directors in a non-executive capacity is Simon Bird, a longstanding expert in the OTC derivatives business, especially within Britain’s CFD and spread betting sector, having spent five and a half years between 2008 and 2014 as COO of City Index.
Prior to his leadership position at City Index, Mr. Bird spent over twenty years in the interbank sector in London, comprising of 9 years at Bear Stearns as Senior Managing Director, responsible for leading the Portfolio Trading division, and was Head of European Electronic Trading including direct market access (DMA) and algorithmic trading.
Twelve years at NatWest Securities (now part of RBS, one of the world’s largest FX interbank dealers by market share) preceded, where Mr Birdw as Head of pan-European Equity Portfolio Trading.
Objectivus, Mr. Bird’s consultancy endeavor, provides expertise in the areas of Compliance, Regulation and Risk Management to the electronic financial services industry.
Mr Bird’s main interest remains his position as Managing Partner at Objectivus, the consulting service to the Financial Services industry that he established in 2015.
It provides expertise in the areas of Compliance, Regulation and Risk Management through the deployment of market professionals who have a deep understanding of clients’ typical issues from first-hand experience, and aside from this he now has two non-executive directorships, the other aside from his newly appointed position at ETX Capital being his non-executive Chairman responsibility at Ikon Finance.
In similar commercial pedigree to ETX Capital’s outgoing CEO Andrew Edwards, Mr Bird spent a long part of his career at senior level within City Index, thus has roots in the fundamental ethos of traditional and well established CFD and spread betting commercial ethos.