GAIN Capital Appoints Alex Howard as Managing Director, Asia Pacific

Maria Nikolova

In the newly created role, Mr Howard will be responsible for the overall strategic execution and performance of GAIN’s retail business in Australia, Singapore, Japan and Southeast Asia.

GAIN Capital Holdings, Inc. (NYSE: GCAP) today announced the appointment of Alex Howard as Managing Director, APAC (excluding China), effective September 3, 2018.

In the newly created role, Mr Howard will be responsible for the overall strategic execution and performance of GAIN’s retail business in Australia, Singapore, Japan and Southeast Asia. Mr. Howard will be based in GAIN’s Singapore office.

“We are very pleased to welcome Alex to the GAIN leadership team. His deep industry knowledge and extensive experience developing and leading commercial strategies in the Asia Pacific region will be extremely valuable as we look to scale our key markets in the region, including Singapore, Australia and Japan, as well as develop our business in fast growing, emerging markets in Southeast Asia,” said Samantha Roady.

Alex Howard added, “GAIN has made tremendous progress over the last few years growing its retail business in the US, UK and Europe, and I look forward to continuing to build on that momentum in the Asia Pacific region, which is a dynamic and diverse region undergoing rapid transformation in retail financial services. There is substantial opportunity for expansion of GAIN’s business in the region and we believe it will be a key contributor to the firm’s future growth.”

Mr. Howard joins GAIN Capital from IG Group, where he was most recently Head of Asia Pacific, overseeing IG Group’s operations in Japan, South Africa, Singapore, Australia and China.

Read this next

Digital Assets

Societe Generale launches its own cryptocurrency, EURCV

French banking giant Societe Generale has launched its own euro-pegged stablecoin, EUR CoinVertible (EURCV). This move by France’s third-largest bank reflects the increasing trend of mainstream financial institutions embracing cryptocurrencies on a global scale.

Executive Moves

Stelios Eleftheriou leaves NAGA Group to join BVNK

BVNK, the crypto-powered payments and banking platform for businesses, has appointed FX industry veteran Stelios Eleftheriou, who has a colorful career across the gaming industry, as Business Development Director (CFD & iGaming).

Retail FX

CAPEX.com introduce ETFs on UAE, Saudi stocks

Abu Dhabi-based broker CAPEX.com has expanded its asset class offerings to include a new suite of Exchange-Traded Funds (ETFs) tailored for the United Arab Emirates (UAE) and Kingdom of Saudi Arabia (KSA) markets.

Institutional FX

Tradeweb Markets surges past $1.80 ADV in November

Tradeweb Markets Inc. (Nasdaq: TW) has reported a total trading volume of $38.2 trillion and a record average daily volume (ADV) of $1.80 trillion for November 2023. These figures mark a 59.2% year-over-year increase.

Inside View

A Mission in Accounting

Ismael Haber, an auditor and accountant, has made it his mission to help businesses improve the quality of their financial information by eliminating fraud and error. In the next five years, the demand for these specific financial services, being external financial audits, forensic accounting, and other fraud preventive and detective services is envisaged to increase.

Institutional FX

CME Group to launch new spot FX marketplace ‘CME FX Spot+’ in 2024

US derivatives exchange, CME Group today announced plans to introduce ‘CME FX Spot+’, a novel spot foreign exchange (FX) marketplace.

Interviews

FMLS:2023: Andrew Mreana provides an exclusive sneak peek into cTrader’s 2024 innovations

cTrader’s focus for the next year would be on developing new tools for Introducing Brokers (IBs) and partners, particularly those related to algorithmic (algo) trading, the company’s head of growth told FinanceFeed in an exclusive interview at the Finance Magnates London Summit 2023.

Digital Assets

Grayscale’s Ethereum ETF stalls: SEC extends review to January 2024

The United States Securities and Exchange Commission (SEC) has extended the evaluation period for Grayscale’s proposed Ethereum spot ETF.

Institutional FX

BMLL completes China equity data offering: Shanghai, Shenzhen, and Hong Kong

“Demand for China data has never been higher. This is set against a general industry trend of increased market participant sophistication, and an increasing demand for quality historic market data to understand market microstructure and venue behaviour. Market participants need to get the full picture of market quality, liquidity and order book dynamics to ultimately make better informed decisions on the markets they trade and the venues they run.”

<