Markets.com onboard FX veteran Marcelo Spina as COO
Finalto-owned retail FX brand Markets.com has appointed industry veteran Marcelo Spina as its Chief Operating Officer (COO).
Spina brings over two decades of experience in the financial service industry, having worked with an array of investment firms across his lengthy career that dates back to 1995. He most recently served as CEO of CySEC-regulated broker Eurotrader Group, a position he held since August 2022.
That was preceded by a short stint at a start-up he founded in 2021 to smooth the online trading experience for both B2B and B2C sides.
Commenting on his appointment, Marcelo Spina said: “I’m super excited to join Markets.com and to help grow the business through development of our customer experience, products and services, and refining and implementing our global strategy so that we continue to be a global powerhouse in the online trading space. It’s a challenging and rewarding space to be in. The market is growing and this is an incredible time to help shape the business in a bold new direction as it evolves and grows in the coming years. I’m very product to be part of the team and be part of the journey!”
Matthew Maloney, Group CEO of Finalto, added: “Marcelo is proven leader with an excellent track record in the financial services industry. He brings lots of experience and knowledge and is a welcome addition to our leadership team at Markets.com.”
Spina also worked as global head of business development at FCA-regulated ThinkMarkets. He joined ThinkMarkets after a short stint with ForexTime (FXTM) where he spent seven months as head of partnerships, based out of London.
Prior to landing at FXTM, Spina was the director of institutional sales at Saxo Capital Markets, from December 2017 to January 2019. The bulk of his career in the FX industry, however, was at Gain Capital where he spent nearly ten years as a senior vice president of global operations and latterly as head of partnerships.
Spina’s tenure at GAIN Capital is not his first foray into the FX industry. Prior to joining the broker in April 2008, he worked as the vice president of sales at FXCM for over three years, dating back to April 2005.
Additional stops also include a stint as Tembo Inc.’s Owner and President between 2001 and 2005, as well as an associate-level role at Morgan Stanley for four years.
The news comes shortly after Markets.com appointed Dany Mawas as the new CEO of its South Africa operations. This hire is part of Markets.com’s strategy to strengthen its presence in the South African market.