Michael O’Sullivan promoted to CTO role at Hantec Markets

abdelaziz Fathi

UK-based Hantec Markets, a foreign exchange (FX) and contracts-for-difference (CFD) broker, has promoted Michael O’Sullivan as Chief Technology Officer, according to information made public on his LinkedIn profile.

Michael O'Sullivan

Michael has originally joined Hantec Markets as head of technology strategy back in September 2023. At the time, he ended a three-year tenure at London-headquartered INFINOX where he served in similar roles, preceded by a shorter stint as a project manager at ATFX UK.

Michael has strong experience and knowledge of Forex market operations and has held various positions at a few brokerage houses. He will be utilizing his experience at Hantec Markets to help increase the company’s client base through new technology upgrades.

The bulk of O’Sullivan’s career, which dates back to 2005, was spent at CMC Markets where he worked for more than 14 years. While there, he was tasked with partnerships, operations and implementations at the FCA regulated forex trading broker, which has been inducted into the FTSE 250.

During his long stint with CMC Markets, he helped the company develop and execute a universal sales strategy for its global operations apart from his other duties.

“[I have] senior financial trading experience across B2C, B2B, matrix-style and international organisations and [am] highly skilled at developing and managing strategic affiliate, franchisee and partnership distribution channels,” Michael says on his LinkedIn page.

Mr. O’Sullivan also has cross functional experience in product and project management and operations delivery combined with extensive background on software development, which gives him an edge in commercial solution-selling and financial trading technology implementation.

Hantec Markets is a subsidiary of Hantec Group and has been a forex trading service provider for more than two decades with offices in London, Sydney, Tokyo, Hong-Kong, Auckland, Dubai Mauritius and Lagos. At the end of 2017, Hantec acquired the retail client base of IKON Finance. In September 2017, the company signed a three-year agreement with a Premier League football club West Ham United as the official FX partner of the iconic east London team.

Read this next

Fintech

TFB partners with SALVUS to help brokers launch their business

“With SALVUS Funds taking care of the licensing side and Tools for Brokers providing the infrastructure, our clients can be confident they’re set up for success.”

Fintech

oneZero taps Options’ normalized market access data model

“oneZero’s partnership with Options exemplifies our commitment to continuously improving the liquidity-neutral EcoSystem that we have been building on behalf of our clients.”

blockdag

Top 8 Cryptos To Buy In 2024: BlockDAG Leads Others With Remarkable Presale Gains and Price Predicted To Hit $30 by 2030

Discover BDAG’s rapid ascent, with experts predicting a $30 valuation by 2030, surpassing Dogeverse, Sealana, and WienerAI as the top 8 cryptos to buy in 2024.

Fintech

Revolut launches retail crypto trading platform in UK

Fintech giant Revolut has expanded its cryptocurrency services by launching a new trading platform called Revolut X in the United Kingdom.

Executive Moves

Finalto Asia appoints Suzuki Akihiko as head of Japan markets

Trading software and liquidity services provider Finalto Asia Pte Ltd has appointed Suzuki Akihiko has as its newest head of Japan markets. Suzuki, who brings over two decades of experience in the financial sector, assumes his role effective immediately.

Digital Assets

BitMEX launches options trading in partnership with PowerTrade

Cryptocurrency derivatives exchange BitMEX has expanded into the options trading arena to capture a slice of the market currently dominated by Deribit.

blockdag

BlockDAG Captivates Youtube Influencers and Investors, Surpassing $23.9 Million in Presale; Outshining HBAR and MATIC Market Movements

Dive into how BlockDAG’s ecosystem, highlighted by top YouTube influencers, surpasses $23.9M in its presale, outshining HBAR’s bullish and MATIC’s stagnation.

Fundamental Analysis, Market News, Tech and Fundamental

Global FX Market Summary: FED, BoE, USD May 8 ,2024

Fed fights inflation with rates (hurting growth) while BoE weighs rates (impacting Pound) as strong USD benefits US consumers but hurts exporters and some countries.

Digital Assets

Bitpanda eyes Middle East expansion with Dubai office

European cryptocurrency exchange Bitpanda is expanding its reach both within Europe and internationally.

<