Infinox Capital Hires Former Tradeview Executive Ricardo Grados to Head its LATAM FX Business - The Industry Spread

Karthik Subramanian

Karthik Subramanian has been a professional trader and fund manager over the last 18 years. He is basically a software developer who made the transition to financial domain around 18 years back as the attractiveness of the financial markets proved too much for him. He lives in Chennai in India along with his wife and son. He began his career as a software developer in 1999 and then gradually moved into the financial industry as he began trading stocks in his pastime. He then moved into the financial markets full time and then shifted his focus to the FX markets due to the liquid nature of these markets. Since then, he has been trading FX diligently and his favourite pair are the EURUSD and EURJPY. Over the last couple of years, he has found blockchain to be of high interest and considering his background in software and finance, he has since assembled a team of highly talented developers who have since worked on a variety of projects like crypto exchanges and blockchain architecturing. Now, he balances his time between trading and commenting on both the FX and crypto markets. He has worked with many publications including FX Street and Finance Magnates, which has helped him gain experience and also recognition across the industry. He loves to write and this passion has helped him to reach out across the FX and crypto industry. Right now, he works on his pet projects in the FX and crypto industry and spends his time writing and managing his blockchain team and helping it to reach higher.

Infinox

Infinox Capital Hires Former Tradeview Executive Ricardo Grados to Head its LATAM FX Business

November 9, 2018

Infinox CapitalThe FCA regulated and London headquartered forex brokerage firm, Infinox Capital is expanding its businesses to new areas including Latin America. The firm has hired former sales executive at Tradeview Markets, Ricardo A. Grados as its Head of LATAM FX business.

Ricardo has stepped into the role in October this year but made the news of his appointment public on his LinkedIn profile. The move will help Infinox to strengthen its LATAM business which will further add to its bottom line. Ricardo Grados left Tradeview after a three years stint as group’s VP of sales and trading. Ricardo shares a strong interest in cryptocurrencies and blockchain.

Prior joining Tradeview, Ricardo Grados has worked as Head of Business Development and FX trading at Monaco Private Capital Corp. He has also worked with City Credit Capital where he worked as Introducing Broker, Head of Sales-Peru for almost two years and at many senior-level positions at Soros Fund Management (Quantum), Barclays Capital Systems, and BBVA Securities. He has been deeply associated with the derivatives industry since 2005, the same time when he started his professional career.

Revenue More than Doubles in FY 2018

Recently Infinox posted its FY 2018 result (the company has March 31 as fiscal year-end) reporting tremendous growth in revenues and profitability, consecutively second year in a row. Revenues for the company doubled during the period to £41.7 million (USD $54.8 million) compared to £17.5 million in 2017 and prior year it was £8.4 million (2016).

The net profits of the company more than doubled during the period to £2.8 million from £1.1 million last year. The expenses of the company also grown manifold times from £3.7 million in 2017 to £14.0 million in 2018.

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