AxiCorp appoints Filippo De Rosa to head its Middle East operations

Australian-owned Forex (FX) and Contracts For Difference (CFD) trading provider AxiCorp continues its global expansion and has appointed Filippo De Rosa to head its Middle East operations. De Rosa brings more than 12 years of experience in retail and institutional sales in the global CFD and FX markets to his new role, which will see […]

Australian-owned Forex (FX) and Contracts For Difference (CFD) trading provider AxiCorp continues its global expansion and has appointed Filippo De Rosa to head its Middle East operations.

De Rosa brings more than 12 years of experience in retail and institutional sales in the global CFD and FX markets to his new role, which will see him grow AxiCorp’s presence in the Middle East.

De Rosa’s appointment is the latest in the string of top-level hires for AxiCorp as the company pursues its global expansion.

Louis Cooper, Global Head of Retail Services at AxiCorp, says De Rosa’s appointment signals AxiCorp’s stability and a strong commitment to the future of Dubai and the Middle East region.

“Filippo has an extensive knowledge and market experience in the Middle East and he’s definitely a great addition to our global team,” Cooper said.

“The Middle East is a fast-growing but underserved market, but we are about to change that by offering top quality service and a wide range of trading instruments,” Cooper said.

With his appointment, De Rosa will be responsible for growing AxiCorp’s presence and market share in Dubai and the greater Middle East region.

Talking about his new role with AxiCorp, De Rosa said, “It’s been amazing to see AxiCorp building and expanding its global footprint. And it’s a privilege for me to be part of this team,”

“The Middle East market will benefit greatly from what AxiCorp has to offer in terms of a wide range of trading instruments, robust and efficient trading platform and top quality customer service,” De Rosa added.

Read this next

Executive Moves

Finalto recruits Antony Parsons as head of liquidity

Finalto, the financial trading division of Gopher Investments, is making a broader push into the liquidity provision space, culminating in a new appointment focused on expanding the business into new markets.

Digital Assets

Huobi introduces Tether’s stablecoins pegged to euro, gold

Huobi, the world’s sixth-largest crypto exchange by trading volume, is set to introduce for its clients two stablecoins representing ownership of physical gold and Euro-pegged tokens.

Retail FX

Saxo Bank reports lackluster volumes for November; FX up 40% YoY

FX trading volumes through Saxo Bank’s platforms improved slightly in November, extending its volatile curve as investors continued to weigh central banks’ policy against concerns over a global economic slowdown.

Executive Moves

CMC Markets taps Finalto’s Julia Free to head UK compliance

CMC Markets PLC (LSE:CMCX) has onboarded Julia Free as its newest head of UK compliance as part of a broader organizational reshuffling at the UK’s biggest spread better.

Digital Assets

Ankr successfully patches hack, will reimburse victims and take actions to prevent further attacks

DeFi protocol Ankr plans to reimburse its affected users after a hacker managed to exploit a bug in its code that allowed for unlimited minting of its liquid staking token.

Industry News

ASIC cancels/suspends AFS license of AFSL Group and Quantum Funds Management

ASIC canceled the AFS license of AFSL Group because it failed to lodge statements and audit reports and it did not maintain AFCA membership. The Australian regulator suspended Quantum because it does not have the required professional indemnity insurance coverage.

Executive Moves

BidX Markets hires Shaun French as Research Analyst – Multi Asset

“We believe with his background in the Financial Markets and being based in Dubai, he will be able to provide our clients with access to outstanding research, while also being in a great location to help support our international clients base which is growing at a rapid pace’’.

Institutional FX

Nasdaq migrates US options exchange to AWS with +10% performance in round-trip latency

Nasdaq has announced the successful migration of the core trading system of Nasdaq MRX – one of its six U.S. options exchanges – to Amazon Web Services (AWS).

Institutional FX

TraditionData launches oil swaps pricing data at a critical time in OTC oil traded markets

TraditionDATA has announced the release of a new proprietary Oil Swap Model (OSM) which brings further visibility into illiquid and opaque oil markets.

<