IMS Markets and LMAX Exchange Makes Key Senior Level Appointments

IMS Markets Appoints Jean-Raphael as its new CEO

IMS Markets
IMS Markets

CySec regulated FX broker IMS Markets has promoted Jean-Raphael Nahas to the position of Chief Executive Officer (CEO) and has taken over the role from immediate effect. 

Jean Nahas joined the Cyprus based firm in July 2018 as its Executive Director and has nearly about seven years of experience in the capital markets. Prior to IMS, Nahas worked with a China-focused retail fx broker FX88, with base in Cyprus and has joined the firm in 2017.

Earlier in his career, Nahas has worked with Blackwell Global Investments for about five years as Head of Business Development, where he was responsible for research and development of the company’s global operations and leading its strategies for go-to-market, product, and services.

IMS Markets is a brand registered in the name of Initial Merit Secure Ltd. and is licensed by the Cyprus Securities and Exchange Commission.

LMAX Exchange Group Appoints Randy Rupan as Head of Liquidity Analysis

LMAX Exchange

LMAX Exchange Group has announced the appointment of Randy Rupan as its new Head of Liquidity Analysis and will report directly to Jeremy Barnes, the firm’s Global Head of Liquidity Management.

Randy has over 20 years of experience in the FX industry and has extensive experience in developing algorithms and analytics for foreign exchange. He joined LMAX Group from 360T, where he was Head of Spot Foreign Exchange for the Americas and before this, he was Head of Liquidity Management for FastMatch.

Jeremy Barnes commented on Rupan’s appointment:

“We’re delighted that Randy has joined our growing team in New York. We see huge upside potential in building out a data-driven approach to our institutional offering. Randy’s excellent track record and wealth of experience will be integral in moving towards this objective.”

LMAX Exchange CEO, David Mercer also commented:

“We remain extremely bullish on the growth prospects in North America. The volumes in our New York-based matching engine (NY4) have grown by an impressive 267% during the course of 2018. Clients are responding positively to our offering, and clearly, the value of our independent status and distinctive business model is focused on providing consistent, best-in-class service.”

“Randy’s arrival builds on the raft of senior hires already made across our global team in 2019. We remain in expansion mode and have built out our multi-hub offering positions to maximise our growth potential.”