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

Digital Assets

Valkyrie pulls back on Ether futures merge with Bitcoin ETF

Valkyrie Funds LLC will suspend the purchase of Ether (ETH) futures contracts for its Valkyrie Bitcoin and Ether Strategy ETF (BTF.O). Additionally, the firm will unwind any positions in Ethereum that it has already acquired.  

Digital Assets

Hong Kong police arrest 18 in $1.5B billion JPEX fraud

The investigation into the JPEX crypto exchange scandal continues to unfold as Hong Kong and Macau police arrest four more individuals. These arrests, which include individuals considered “relatively close to the core” of the scandal, bring the total number of detentions to 18.

Digital Assets

Gemini tells Dutch users to withdraw assets by November 17

Gemini, the cryptocurrency exchange founded by Cameron and Tyler Winklevoss, announced that it will cease providing services to customers in the Netherlands, citing regulatory requirements imposed by the country’s central bank.

Digital Assets

SEC puts BlackRock, Valkyrie, and Bitwise Bitcoin ETFs on hold

The U.S. Securities and Exchange Commission has delayed its decisions on several bitcoin exchange-traded fund (ETF) proposals, leaving many in the crypto industry feeling pessimistic for any future blessing from the agency.

Digital Assets

Ripple backs out of Fortress Trust acquisition

Ripple has decided to cancel its planned acquisition of Fortress Trust, a custodian company, less than a month after initially announcing the agreement.

Uncategorized

France regulators blacklists 21 FX brokers, FuturBTC

France’s financial markets regulator, the Autorité des Marchés Financiers (AMF), today shed light on several unregulated forex brokers representing their offering under several brands. Notably, the AMF has identified only one crypto-assets provider in its latest warning.  

Digital Assets

Flare and Arkham Collaborate for Enhanced Decentralized Data Access

Flare’s blockchain for decentralized data acquisition integrates with Arkham’s Intelligence Platform, offering users advanced analytics and actionable on-chain insights.

Industry News

iFX EXPO International 2023 Successfully Concludes

The most talked about financial event of the year took place in Limassol, Cyprus.

Retail FX

Plus500 Forex Garners Market Attention In The Latest Expert Ranking

Securing the 58th spot in Traders Union’s Best Forex Brokers of 2023 ranking, Plus500, despite its cautionary overall score of 6.3 out of 10, stands out for its stringent regulatory compliance, user-centric WebTrader platform, and a commendable focus on account security, though it lags in providing advanced trading tools and trust management features.

<