Stater Global Markets, an FCA-regulated Prime of Prime brokerage, has appointed Ayhan Gurcuoglu as Regional Sales Manager based in Turkey in the third newly created sales role announced by Stater over the last month.
The industry veteran with over 18 years’ experience in the Turkish financial markets joins Stater Global Markets from Sucden Financial, the UK-based leading trader of soft commodities, where he held the same role stationed in Turkey for three years.
Prior to Sucden Financial, Ayhan Gurcuoglu spent five years at Sanko Securities for five years in a number of roles, including Financial Dealer and Foreign Markets Assistant Manager, where he helped the company build up its FX and CFD departments. Gurcuoglu’s career includes other roles at leading brokerage houses in Turkey, including Tera Brokers and Raymond James.
Ramy Soliman, CEO of Stater Global Markets, said:
“Turkey was a key market for me when I was at Citi and is an important region for Stater. We are therefore delighted to welcome Ayhan to our team. Ayhan is highly respected by banks and brokers in the region and has an in-depth understanding of their requirements and business culture. I believe we will benefit significantly from his experience and contacts.”
Ayhan Gurcuoglu commented: “I was very excited when Ramy approached me about this role. The technical infrastructure which is in place at Stater and the caliber of the team makes it an exciting company to work for, with a very promising future. From my network, I believe there is a lot of business potential for Stater in Turkey, and I feel confident that Stater’s bespoke solutions and transparency meet the exact needs of brokers and banks in the region.”
The FCA regulated Prime of Prime brokerage, which offers institutional clients direct access to Tier 1 bank and non-bank liquidity, clearing, and institutional grade technology has hired three sales executives over the last month.
Max Moriarty, formerly at FIXI plc, was announced in September as the first member of Stater’s dedicated sales team. Ex-Sucden Financial Michael Davies followed as he joined as Global Head of Sales.
In July, the group appointed Simon Henry as Head of Compliance with his primary role being making sure the company is fully compliant with the rules and regulations of UK financial regulator, FCA.
