Saxo Bank appoints former GAIN Capital executive Ben Smoker as CEO of Australian operations

Saxo Capital Markets has today announced the appointment of a new CEO for its Australian operations. Ben Smoker has taken the lead position at Saxo Capital Markets in Sydney, bringing with him over 20 years of senior level industry experience. Mr. Smoker has joined Saxo Capital Markets, a wholly owned subsidiary of technology-led Danish electronic […]

Ben Smoker appointed CEO of Saxa Bank Australia

Saxo Capital Markets has today announced the appointment of a new CEO for its Australian operations.

Ben Smoker has taken the lead position at Saxo Capital Markets in Sydney, bringing with him over 20 years of senior level industry experience.

Mr. Smoker has joined Saxo Capital Markets, a wholly owned subsidiary of technology-led Danish electronic trading company Saxo Bank from GAIN Capital in Sydney Austalia, where he was Country Head.

Following the acquisition of British spread betting and CFD company City Index by GAIN Capital which was completed on April 1, 2015, Mr. Smoker was transferred from CEO of City Index’s Australian division to become Country Head at GAIN Capital Austalia as part of the global expansion plan that GAIN Capital had embarked on by acquiring City Index.

Mr. Smoker was actively involved in the integration process in the period during which GAIN Capital amalgamated City Index’s client base and systems into its own.

20acd48

In total, Mr. Smoker spent almost four years at the company, having joined City index in November 2012 from wealth management company Cashel House.

At Cashel House, Mr. Smoker was a Wealth Manager and Specialist Consultant, servicing the company’s high net worth clients and wholesale advisers, as well as financial planners with regard to equities and derivatives.

Eight years at the Australian division of British multinational banking institution RBS Global Banking & Markets in Sydney preceded Mr. Smoker’s tenure at Cashel House.

During his time at RBS, Mr. Smoker was a Sales Trader within the equities and listed equity products division, having joined the company in September 2003 from Dutch bank ABN AMRO where he was Director of Equity Derivatives Sales Trading for four years.

Vice Presdiencies at Citigroup, Deutsche Bank and Blake Dawson take Mr. Smoker’s career back to 1993 at which time he graduated from University of Sydney with a Batchelor of Laws( (LLB) degree.

Mr. Smoker continued to further his education during his career, completing a Masters degree from the University of Western Sydney in Financial Planning in 2012, and obtaining a Certificate of Prime Broking and Finance from New York Institute of Finance in 2011.

FinanceFeeds knows Mr. Smoker very well, and wishes him great success in this new leadership position with one of the most prestigious electronic trading companies in the industy, Saxo Bank.

Today, Adam Reynolds, Saxo Capital Markets CEO for Asia Pacific in Singapore welcomed Mr. Smoker to the executive team and looks forward to expansion of the company’s white label end to end solution, as well as furthering the global presence of the device neutral SaxoTraderGo platform.

Photograph: Saxo Bank’s Head Office, Hellerup, Denmark. Copyright FinanceFeeds

Read this next

Retail FX

Unusual Whales taps Tastytrade as exclusive options broker

“We’re huge fans of Unusual Whales and the transparency they bring to the markets, enabling traders to make informed decisions.”

Industry News

GenAI can help transform OTC derivatives markets, said ISDA whitepaper

The risks of GenAI, however, include data breaches, regulatory issues, bias, as well as sub-standard or simply false results.

Institutional FX

B2Broker ups leverage on major Forex pairs, BTC and ETH

“This strategic update not only enhances our clients’ competitive edge but also augments their capacity to cater to the evolving demands of their clientele, attract new business, and elevate their service standards by leveraging our liquidity solutions.”

Industry News

Avraham Eisenberg convicted of $110 million DEX manipulation

Avraham Eisenberg, 28, has been convicted of commodities fraud, commodities market manipulation, and wire fraud in connection with the manipulation of the Mango Markets decentralized cryptocurrency exchange.

blockdag

BlockDAG Attracts $18.1M In Presale, Drawing Investors From Dogecoin And UNUS SED LEO for Potential 30,000x ROI

As the markets for Dogecoin and UNUS SED LEO exhibit volatility, a significant number of investors are redirecting their focus towards BlockDAG during its Batch 9 presale, which has remarkably gathered $18.1 million.

Digital Assets

Coinbase launches perpetual futures trading for Dogwifhat memecoin

Coinbase International Exchange (CIE) will introduce perpetual futures trading for Solana-based memecoin dogwifhat ($WIF), starting April 25. These open-ended futures contracts can be traded using the USDC stablecoin.

Digital Assets

Kraken acquires TradeStation’s cryptocurrency business

Kraken, the second-largest U.S.-based cryptocurrency exchange, has acquired the cryptocurrency arm of online brokerage TradeStation.

Retail FX

The Funded Trader is back? Traders report account closures

Prop trading firm The Funded Trader has updated its website with a few banners, nearly three weeks after it ceased all operations, with claims for a relaunch in the near future. However, there was no official statement on the relaunch on its website, Discord channel, or social media accounts yet.

Executive Moves

NAGA lures former Tickmill compliance exec Loukia Matsia

NAGA Group, a provider of brokerage services, cryptocurrency platform NAGAX and neo-banking app NAGA Pay, appointed Loukia Matsia as their new Head of Compliance and Anti-Money Laundering (AML).

<