Heiko Mueller joins Andrey Dashin’s Exinity as SVP of commercial development

abdelaziz Fathi

Exinity, which was founded in 2020 by Andrey Dashin, owner of brokerage companies Alpari and FXTM, has appointed Heiko Mueller as senior vice president of business development.

In this position at Exinity, Mueller is responsible for driving business partnerships to support the company’s growth and strategy. He brings to the role more than two decades of experience in sales, business and brand management, mostly spent within the FX industry.

Before coming to Exinity, Mueller was the chief operating officer at Capital Index, where he worked more than three years based in London. Prior to that, he was marketing director at Destek Markets, then was promoted to take on an expanded role as chief commercial officer.

Mueller also worked for GKFX from 2017 to 2018, managing its UK strategy, sales and marketing operations. The bulk of his career, however, was spent with Alpari brands in Europe.

He initially took the post of general manager of Alpari’s Germany operations in 2009 and then left in 2015 as head of commercial when the broker shut its UK arm following the SNB’s shock decision to end its capping of the Swiss franc against the euro.

Exinity’s story goes back to 1998

Exinity Group was launched by entrepreneur Andrey Dashin, chaired by FXTM Co-founder, Olga Rybalkina. The group is comprised of the various retail businesses owned by Dashin, which includes Alpari International, ForexTime (FXTM) and AcruPay, a money transfer and payments service. A few months later, the company secured an FX brokerage license in Kenya.

Exinity’s entrant into the African forex scene was preceded by EGM Securities Ltd (FXPesa), which received its first license in 2018, followed by SCFM Ltd (Scope Markets) in 2019, Pepperstone in 2020, and most recently HotForex. This brokerage license allows Exinity Capital East Africa to provide its clients with access to currency markets but without being engaged in market-making or managed accounts activities.

Exinity’s story goes back to the first days of online forex trading with the founding of the Alpari Group in 1998. Alpari expanded rapidly in the world’s emerging markets and was joined in 2011 by its sister brand, FXTM.

Together, both brands have established a strong global presence in online trading, serving over three million clients in 180 countries from regulated centres across four continents.

Read this next

Retail FX

Banxso announces 8.7% interest rate on deposits in South Africa

“With Banxso, they can enjoy the benefits of both worlds – earning competitive interest and having the freedom to trade, all within the same platform.”

Industry News

FINRA to publish transaction details in U.S. Treasury securities

“Consistent with our longstanding practice, FINRA is introducing greater transparency in a calibrated and careful manner, benefiting liquidity and resilience in this critical market while also mitigating potential information leakage concerns.”

Institutional FX

OpenYield launches “cheap and easy” fixed income trading for brokers

“We’re on a mission to make bonds cheap and easy to trade, and are excited about the opportunity to build generational capital markets infrastructure.”

Digital Assets

Sumsub and Mercuryo publish a guide for VASPs: “Mastering Travel Rule Compliance”

“At Sumsub, we’ve concentrated our efforts on filling the gap in understanding the complexity of Travel Rule regulation and helping organizations find the best solution to stay safe and compliant while minimizing costs and avoiding potential risks of non-compliance. This guide we created with Mercuryo, our trusted partner, is the ultimate navigation tool all VASPs can consult.”

Digital Assets

Bitget Wallet Leads with Record Swap Volume & New Crypto Innovations

This week, Bitget Wallet achieved a milestone by surpassing Metamask with a record 388,757 Swap order transactions, securing the global lead. The significant 7-day trading volume, almost 68,000 more than its rival, underscores its liquidity and user trust. This robust activity signals Bitget Wallet’s prominent role and reliability in the dynamic crypto market.

Digital Assets

Embarking on a Digital Currency Journey

Imagine you’ve stumbled upon a treasure map, leading you to untold riches hidden in the vastness of the internet. Instead of gold coins and jewel-encrusted goblets, this treasure comes in the form of digital currencies, the modern-day loot coveted by many.

Reviews

Traders Union Experts Share The Trading Analyst Review For 2024

Navigating options trading in rapidly shifting markets poses a considerable challenge. This is where options trading alert services become invaluable. They aid traders in keeping abreast of evolving opportunities and market trends. In this assessment, Traders Union experts scrutinize The Trading Analyst alert service to ascertain its efficacy. 

Digital Assets

BlockDAG’s Presale Achieves $9.9M: Aiming For A 5000-Fold ROI As Cardano’s Price Rises And Fantom Launches Sonic

Explore Cardano’s surge, Sonic’s efficiency, and why BlockDAG’s growth makes it the top crypto choice. A deep dive into the future of blockchain investments.

Digital Assets

US, UK probe $20 billion Tether transfers tied to Russian exchange.

U.S. and UK authorities are investigating the movement of $20 billion in the USD-pegged stablecoin tether (USDT) through Moscow-based exchange Garantex.

<