Rostro Group adds Olivia Mottershead to institutional sales

abdelaziz Fathi

As part of a strategy to expand its sales division in London, Rostro Financials Group, a fintech group focused on capital markets and digital assets, has added Olivia Mottershead to its institutional sales operations.

Prior to landing at Rostro, Olivia served as international relationships manager at LMAX Group, which operates multiple institutional execution venues for electronic foreign exchange and cryptocurrency trading.

Her career encompasses different stints as head of operations at Betta Prime, where she helped set up a non-regulated agency business for spot FX trading. Olivia also spent 15 months as a senior business development at PrimeXM.

The appointment comes shortly after Rostro onboarded Chris Andrews to its institutional desk. Andrews, who is based in London, joins the company with more than three decades worth of experience in futures, forex, equity and CFD sales trading and account management. His most recent position was director of institutional business development at ThinkMarkets.

Andrews also served within the institutional sales and account management at GKFX, a CFD trading, spread betting and foreign exchange broker. In this role, he was responsible for the sales trading and account management side of the business. During his time at the company, he serviced both the broker’s retail and institutional clients.

The new hire plays into a long-term vision for Rostro, which operates multi-regulated brokerage houses that provide execution, and clearing of both listed securities as well as OTC derivatives. In addition, the group offers banking, alternative finance, and digital asset storage with both on and off ramp solutions.

Rostro is led by Michael Ayres, the former chief operating officer at Equiti Capital, formerly known as Divisa Capital. Prior to Equiti, Ayres, who has over 13 years of experience in the forex industry, was the operations director at GKFX.

Rostro Financials has recently completed the acquisition of Belize-based FX and CFDs brokerage Scope Markets. The financial details of the transaction were not disclosed, but Rostro bought the retail broker in an all-cash deal.

Scope Markets, which is domiciled in Belize and regulated by the International Financial Services Commission (IFSC), is controlled by UAE-based entrepreneur Serkan Ismailoglu. The Middle East-focused broker also operates regulated entities in Africa, Cyprus and Mauritius.

Rostro is led by Michael Ayres, the former chief operating officer at Equiti Capital, formerly known as Divisa Capital. Prior to Equiti, Ayres, who has over 14 years of experience in the forex industry, was the operations director at GKFX. He served with the UK-based CFDs broker and spread better for more than five years, starting from November 2013 until he left for Divisa in 2018.

Read this next

Retail FX

Axi extends partnership deal with Manchester City

FX broker Axi, previously known as AxiTrader, has renewed its flagship sponsorship deal with soccer giant Manchester City.

Digital Assets

Russia delays digital ruble pilot to May

Russia has postponed its central bank digital currency (CBDC) pilot indefinitely, which was originally scheduled for April 1, as it awaits specific legislation to be voted before the “crypto ruble” trial.

Executive Moves

Scope Markets promotes James Hughes to head of marketing

Belize-based FX and CFDs brokerage Scope Markets has promoted James Hughes, who until recently was its head of brand, to take on an expanded role as the company’s global head of marketing.

Retail FX

Fraudsters clone Financial Commission’s website, two ex-members under suspicion

The Financial Commission, an industry-specific dispute resolution service that caters to the financial services industry, today announced that it believes a clone website has been impersonating its membership roster.

Retail FX

CMC Markets warns of operational challenges in Q1

CMC Markets PLC (LSE:CMCX) said in a trading update for the fiscal year 2023 that February and March posed a more challenging environment with lower equity volumes and a higher proportion of lower margin institutional trading activity.

Interviews

Why Is Digital PR So Important for Financial Service Providers? Buzz Dealer’s CEO Uri Samet with the Answers

Digital PR is all about spreading your message faster, wider, and stronger in the online world, through proper SEO, link-building, and organic and paid social media work.

Inside View

Why And How Are Virtual Cards Disrupting The Finance Industry

Virtual cards have the potential to revolutionize the finance industry by providing faster and more secure payments, wider acceptance, and eco-friendliness.

Interviews

Sweat Economy’s Oleg Fomenko on upcoming launch of Move-to-Earn app in the US

With the crypto winter’s biggest hurdles seemingly behind us as the prices of Bitcoin et al. climb the charts again, the Web3 economy is preparing for the next phase.

Industry News

OptionMetrics acquires Woodseer to add dividend forecast data for equities

“The addition of Woodseer’s product suite will enhance our ability to serve financial market stakeholders and academic institutions in their analysis of equity market performance and risk.”

<