Infinox hires Mike O’Sullivan and Swati Saxena to lead technology and institutional sales - FinanceFeeds

Infinox hires Mike O’Sullivan and Swati Saxena to lead technology and institutional sales

Rick Steves

The bulk of Mike O’Sullivan’s experience within the trading industry comes from his 14 years at CMC Markets, where he held senior roles within the company’s partnerships, projects, operations and customer success divisions, reporting directly to Ex-Co and leading teams in global CMC Markets locations.

Infinox has made two strategic hires after the brokerage recorded a 61% jump in revenue and a 28% increase in trading volumes to $553bn in 2020, according to numbers provided by the firm.

The broker, which has a presence in 15 countries and specializes in FX and CFD trading, has appointed ex-CMC Markets Mike O’Sullivan as Head of Technology.

Mr. O’Sullivan joined Infinox from ATFX, where he was Head of Project Management at ATFX for one year. There, he focused on delivering digital customer solutions across the technology stack.

The bulk of Mike O’Sullivan’s experience within the trading industry comes from his 14 years at CMC Markets, where he held senior roles within the company’s partnerships, projects, operations and customer success divisions, reporting directly to Ex-Co and leading teams in global CMC Markets locations.

Mr. O’Sullivan combines extensive commercial experience with technological expertise and will be based from Infinox’s London headquarters.

Also joining Infinox is Swati Saxena, former Senior Project Manager at BGC Partners, who will be Head of Institutional Sales. She will seek to drive further growth in IX Prime, Infinox’s institutional division. IX Prime provides market infrastructure and liquidity to international exchanges including the Brasil Bolsa Balcão (B3).

Robert Berkeley, CEO of Infinox, said: “Mike and Swati are joining Infinox at an exciting time, and with their tech and institutional pedigrees, they will both play a vital role in fuelling our sustained global expansion.

“Infinox’s seamless, user-friendly technology was a key driver of our success in 2020 – especially the launch of our community trading app IX Social, which brought the excitement and power of real-time trading to a whole new audience of retail investors.

The firm’s market infrastructure and deep reserves of liquidity are its strong points as they service institutional clients and top tier exchanges like the B3. Ms. Swati is expected to make use of her network of institutional contacts to expand the IX Prime division.

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