SquaredFinancial promotes Philios Petrides to CPO role

abdelaziz Fathi

CySEC-regulated broker SquaredFinancial has promoted Philios Petrides to take an expanded role as its Chief Product Officer (CPO).

As the CPO, Petrides will play a crucial role in shaping SquaredFinancial’s product strategy and and improving the overall user experience for their clients. He will be responsible for analyzing market trends, identifying customer needs, and leveraging his insights to optimize the broker’s product portfolio.

SquaredFinancial has originally recruited Philios Petrides in 2020 as global head of business intelligence, overseeing a range of information relating to the company’s brokerage and investment services performance.

Petrides brings to the role 18 years of experience in financial data analysis where he has worked on large-scale business intelligence programs across many sectors. He served as a database developer and network administrator during the initial phase of his career and subsequently moved into the FX industry.

Prior to SquaredFinancial, Philios was head of data and business intelligence at Belize-based FX and CFDs brokerage, Scope Markets. Additionally, he spent a short stint at easyMarkets where he held an analogous role that generates and collects relevant data to bring improvements across all areas of business.

The bulk of his career within the foreign Exchange industry was spent at FxPro where he worked for nearly five years. During this long tenure, he led a cross-functional team to support the use of business intelligence, from front-line customer satisfaction to how the company can position itself in the market.

Earlier this month, SquaredFinancial parted ways with its CEO Husam Al Kurdi, ending a three-year tenure to focus on his own new venture. SquaredFinancial Founder and CEO, Philippe Ghanem, is recently back in charge of the business and is fully committed to leading the company that he founded, to ensure SquaredFinancial thrives and reaches its full potential with ambitious talents. He is restructuring his leadership team and implementing major changes that will reshape product management, drive bigger sales growth, and increase digitalization and automation.

Husam joined SquaredDirect back in 2020, replacing Youssef Barakat, who had been with the CySEC-regulated broker since 2009.

Al Kurdi assumed his position as CEO of the CySEC-regulated entity and Deputy CEO of SquaredFinancial Group based out of Limassol. He has more than 20 years of experience, having spent the bulk of his career at many FX brokers.

SquaredFinancial rebranded in 2018 from its previous tradename, ProbusFX, a Cyprus based financial services provider that was founded in 2017 and soon received its license from the Cyprus regulator. The move came as part of their pairing up with sister company, Squared Financial Services Limited, now trading as SquaredPro to form the Squared Financial Group.

Read this next

blockdag

BlockDAG X1 App: Revolutionizing Crypto Mining with 30,000x ROI Potential Amid Shiba Inu Burn and Chainlink Projections

Amid Shiba Inu’s efforts to regulate its token supply, the forecast for Chainlink’s (LINK) price remains optimistic, resting on critical support levels that signal a potential upturn.

blockdag

Binance & Uniswap Investors Turn Eyes to BlockDAG: $600M Roadmap and New Crypto Payment Options Including DOGE and SHIB Spark Interest

The cryptocurrency market has been a rollercoaster for Uniswap investors and others alike. With Uniswap facing regulatory challenges and Binance Coin reeling from the arrest of Binance’s CEO, the crypto community is looking for stability and growth.

Retail FX

Weekly Roundup: Darren Robinson fined $11M, Binance’s CZ walks free in August

Welcome to our weekly roundup, where we dive into all the latest buzz in the Forex, Fintech, and cryptocurrency scenes. We’ve got you covered with a rundown of the week’s top events and trends in these dynamic sectors, so you can stay in the know and ahead of the game.

Chainwire

Sui Turns One: Debut Year of Growth and Tech Breakthroughs Puts Sui at Forefront of Web3

In the build-up to its launch in 2023, the chatter around Sui reached a level of excitement that has not been matched by any chain that has launched since. The first anniversary of Sui represents a culmination of the remarkable milestones achieved by the network in its first year.

Digital Assets

Coinbase reports Q1 net income at $1.17 billion

Coinbase Global reported strong first-quarter earnings and revenue, thanks in part to a surge in cryptocurrency trading activity triggered by the introduction of the first U.S.-listed exchange-traded funds (ETFs) tracking bitcoin in January.

Digital Assets

Tether increases surveillance of USDT transactions on secondary markets

Tether, the issuer of the USDT stablecoin, has inked a partnership with blockchain surveillance company Chainalysis to monitor its token transactions on secondary markets.

Retail FX

Saxo Bank reports strong trading volumes for FX, commodities in April

Danish multi-asset brokerage, Saxo Bank has reported an increase in trading activities in April 2024. The bank’s clients traded an average daily volume (ADV) of $4.5 billion, up 9.8% from the previous month, but was down 12% year-over-year from $5.1 billion in April 2023.

blockdag

BlockDAG Launches New Payment Options as Presale Tops $22.4M Amid Polygon’s New Partnership & Option2Trade’s Emergence as Cardano Rival

Following the recent release of a moon-based keynote teaser, BlockDAG (BDAG) has announced 10 new payment methods to further facilitate its DeFi services.

Fundamental Analysis, Market News, Tech and Fundamental

Global FX Market Summary: Dollar Weakness, Fed,Euro May 3 ,2024

Weak US jobs data triggered USD sell-off as investors bet on slower Fed rate hikes. This, along with Europe’s surprising economic strength, boosted the Euro.

<