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

Banxso announces 8.7% interest rate on deposits in South Africa

“With Banxso, they can enjoy the benefits of both worlds – earning competitive interest and having the freedom to trade, all within the same platform.”

Industry News

FINRA to publish transaction details in U.S. Treasury securities

“Consistent with our longstanding practice, FINRA is introducing greater transparency in a calibrated and careful manner, benefiting liquidity and resilience in this critical market while also mitigating potential information leakage concerns.”

Institutional FX

OpenYield launches “cheap and easy” fixed income trading for brokers

“We’re on a mission to make bonds cheap and easy to trade, and are excited about the opportunity to build generational capital markets infrastructure.”

Digital Assets

Sumsub and Mercuryo publish a guide for VASPs: “Mastering Travel Rule Compliance”

“At Sumsub, we’ve concentrated our efforts on filling the gap in understanding the complexity of Travel Rule regulation and helping organizations find the best solution to stay safe and compliant while minimizing costs and avoiding potential risks of non-compliance. This guide we created with Mercuryo, our trusted partner, is the ultimate navigation tool all VASPs can consult.”

Digital Assets

Bitget Wallet Leads with Record Swap Volume & New Crypto Innovations

This week, Bitget Wallet achieved a milestone by surpassing Metamask with a record 388,757 Swap order transactions, securing the global lead. The significant 7-day trading volume, almost 68,000 more than its rival, underscores its liquidity and user trust. This robust activity signals Bitget Wallet’s prominent role and reliability in the dynamic crypto market.

Digital Assets

Embarking on a Digital Currency Journey

Imagine you’ve stumbled upon a treasure map, leading you to untold riches hidden in the vastness of the internet. Instead of gold coins and jewel-encrusted goblets, this treasure comes in the form of digital currencies, the modern-day loot coveted by many.

Reviews

Traders Union Experts Share The Trading Analyst Review For 2024

Navigating options trading in rapidly shifting markets poses a considerable challenge. This is where options trading alert services become invaluable. They aid traders in keeping abreast of evolving opportunities and market trends. In this assessment, Traders Union experts scrutinize The Trading Analyst alert service to ascertain its efficacy. 

Digital Assets

BlockDAG’s Presale Achieves $9.9M: Aiming For A 5000-Fold ROI As Cardano’s Price Rises And Fantom Launches Sonic

Explore Cardano’s surge, Sonic’s efficiency, and why BlockDAG’s growth makes it the top crypto choice. A deep dive into the future of blockchain investments.

Digital Assets

US, UK probe $20 billion Tether transfers tied to Russian exchange.

U.S. and UK authorities are investigating the movement of $20 billion in the USD-pegged stablecoin tether (USDT) through Moscow-based exchange Garantex.

<