INX Limited elevates Bob Ejodame as VP of capital markets
INX Limited has promoted Bob Ejodame to vice president of capital markets as the crypto exchange is flexing its muscles across the mainstream finance space.
Bob, who spent his 15-year career working in the FX industry, was tasked with running INX’s trading platforms on which institutional and retail investors are trading cryptocurrencies and regulated security tokens.
He joined the crypto exchange back in 2021 as head of operations, coming from broker-neutral technology firm FlexTrade, where he worked as head of production support for nearly two years. There he had hands-on experience of a product suite that offers access to market data providers and order management systems. FlexTrade’s OMS solution can also be tailored for global access to broker algorithms, as well as the ability to build proprietary algorithms.
Prior to that, Ejodame was VP of operations and transformation at TradAir, a provider of cloud-based trading technology solutions. In this capacity, he led TradAir’s support teams on a global basis based in the company’s London offices.
Mr. Ejodame brings extensive experience in leading client-facing teams, setting up new processes and supporting FX trading platforms. He held similar roles at other established venues including Head of Global FX Support at EBS, the FX platform owned by ICAP.
His promotion comes at a time when INX Limited is trying to strengthen its position and regulated activities to win a share of the US crypto market. The Gibraltar-based firm made headlines two years ago when it filed with the Securities and Exchange Commission (SEC) to raise nearly $130 million through an initial public offering (IPO).
In addition, INX Limited is considering plans to launch a crypto derivatives platform for trading futures, options and swaps. However, this is subject to the CTFC’s approval. It should be noted that with their acquisition of OpenFinance their broker/dealer and ATS licenses are already taken care of.
As the firm ups its profile, Ejodame’s promotion makes sense as he brings a wealth of experience and strategic insight, especially relating to traditional asset classes and trading and access to global liquidity providers, corporate leaders and business associates.