M4Markets onboards Invaxa CEO Marios Antoniou as COO

abdelaziz Fathi

Seychelles-regulated brokerage firm M4Markets has appointed Marios Antoniou, who has a colorful career within the foreign exchange industry, in the capacity of its Chief Operations Officer.

Antoniou brings nearly nine years of experience to M4Markets and will join the company’s management team after working in a variety of FX companies in operations and C-level positions. His most recent appointment caps off a short stint with forex and CFDs broker, Invaxa. For less than a year he was the CEO and founding member of the offshore firm he established in 2022.

M4Markets will surely know to use Marios’ experience and leverage his many connections in the industry to grow its business and help handle its growth.

Marios also served as executive director and risk manager at Deltamark Fund Management Ltd. Prior to that, he spent three years at CIF, preceded by two-year employment at Hellenic Bank. Other stops include different stints at TopFX and IronFX, where he kicked off his career back in 2014.

Earlier in October, M4Markets acquired a Cyprus investment firm to provide a regulatory stamp for the company’s business under CySEC’s supervision.

M4Markets and the group behind M4Markets, the Oryx Group, have acquired ICC Intercertus Capital Ltd, a legal company regulated by CySEC. Following the takeover, ICC Intercertus Capital Ltd are now operating as the legal name of Harindale Ltd under the brand name M4Markets Europe.

The Cypriot licensing requires the firm to adhere to strict financial standards under the MiFID II framework, including the segregation and protection of client funds, full transparency of its business operations and capital adequacy controls.

Established in 2019, M4Markets is the trading name of Trinota Markets Global Limited. The broker maintains its head office in the Seychelles and is licensed by the country’s Financial Services Authority (FSA).

The firm was in the news recently after it picked up some investment from Cyprus and Dubai based investors in a new funding round that it will be using to grow its business.

The lesser-known platform has not shared any details about the capital injection amount. M4Markets also didn’t disclose the identity of the investors participating in the financing round, though it says they acquired a significant stake.

Read this next

Digital Assets

e-CNY mastermind Yao Qian arrested in corruption probe

The mastermind behind China’s central bank digital currency (CBDC) project is reportedly under scrutiny for suspected “violations of discipline and law,” according to Shanghai Securities News.

Fundamental Analysis, Market News, Tech and Fundamental

Global FX Market Summary: USD Strength, US PCE, Eurozone April 26 ,2024

US inflation data came in hotter than expected, pressuring the Federal Reserve to potentially raise interest rates and causing the US Dollar to rise against the Euro as the Eurozone faces economic uncertainties.

blockdag

BlockDAG Presale Tops $20.7M! Here’s How to Buy BDAG Coins with USDT and Ethereum for Explosive Gains of 30,000x

Early investors are looking at potentially significant returns in its tenth batch at $0.006 per coin.

Retail FX

Exclusive: Prop firm Funded Engineer faces $50M lawsuit from FPFX

Retail trading tech provider FPFX Technologies, LLC (FPFX Tech), has filed a lawsuit against the prop firm Funded Engineer and its associated operatives for alleged breaches of contract exceeding $50 million in damages.

Market News, Tech and Fundamental, Technical Analysis

USDJPY Technical Analysis Report 26 April, 2024

USDJPY currency pair can be expected to rise further toward the next resistance level 160.00, target price for the completion of the active impulse sequence (C).

Digital Assets

US crypto miner and founders hit with $5.6 million fraud charges

The U.S. Securities and Exchange Commission (SEC) has filed charges against Texas-based cryptocurrency mining and hosting company Geosyn, and its co-founders Caleb Ward and Jeremy McNutt.

Chainwire

BloFin Sponsors TOKEN2049 Dubai and Celebrates the SideEvent: WhalesNight AfterParty 2024

Platinum Spotlight: BloFin dazzles as the top sponsor of TOKEN2049 Dubai, elevating its status with the electrifying WhalesNight AfterParty 2024. Celebrate blockchain innovation and join the night where industry leaders and pioneers connect.

Institutional FX

Eddid helps HK crypto platforms with Bitcoin and Ether ETFs

The brokerage firm will help SFC-licensed virtual asset trading platforms with Bitcoin and Ether ETFs in Hong Kong.

<