UK-based online FX, CFD brokerage firm, ActivTrades has made an important hire for the company and has appointed former Managing Director of IG Group subsidiary, Brokerhouse IG, Michael Lippa in the position of Chief Commercial Officer.
Michael Lippa will be responsible for the growth of the company’s European operations and will report directly to founder and CEO, Alex Pusco. Given Michael’s strong hand in managing and expanding a business operation in a new region, this new appointment will have a substantial benefit for the company.
During his stint at Brokerhouse IG as Managing Director, Lippa played a crucial role in the development of the company’s business in Germany, The Netherlands, and the Nordic region.
Commenting on his new appointment, Lippa said:
“I look forward to supporting ActivTrades with its ambitions. Brexit, the increasingly uncertain market environment and the growing number of regulatory hurdles in Europe constitute big challenges but also tremendous chances for the entire CFDs industry.”
“Our goal is not only to master these challenges but to also become market leaders in the European CFDs business. We are doing this by directly increasing our activity in Germany, France, Italy, and Spain.”
Alex Puso also added:
“I am pleased to have one of the most knowledgable industry insiders joining our team. He knows the brokerage business in depth and will be able to drive our ambitious growth plans in the European market.”
XTX Markets Makes Two Important Hires at Senior Level
Forex trading and money maker company, XTX Markets has made two crucial appointments in the senior level management position.
First is Geoffrey Damien, who has been appointed as Managing Director and Head of France at the firm and second is Serge Harry, who has joined the company as Chairman of XTX Markets SAS.
Damien is ex-Euronext executive where he was Head of Product Development and Projects, as well as Head of Retail Execution and has spent almost a decade with the exchange starting from 2009.
Serge Harry is also an ex-Euronext executive where he was working as exchange’s Chief Financial Officer as the New York Stock Exchange’s Head of Strategy. Prior to this, Harry has worked at London Stock Exchange as an advisor, Chairman of securities trading firm MTS France and as a non-executive director for LCH.Clearnet.
XTX Co-CEO Zar Amrolia commented on the appointments:
“With his deep knowledge of products and market structure, Geoffrey will be spearheading our continued push in Continental Europe.”
“We are also delighted to welcome someone of Serge’s experience to XTX. He has held many senior positions across his distinguished career, and we are delighted to have someone with his risk management, finance, and markets experience at the company.”