UK based FCA regulated multi asset class brokerage service provider ThinkMarkets now has a new head of business development division. The move was made public via changes made to the executive’s LinkedIn profile, according to which the firm as appointed industry veteran Marcelo Spina as its new Global Head of Business Development. ThinkMarkets is more familiar in the market as an UK based online trading service provider that deals in forex, CFD and commodities. Marcelo is an industry veteran with more than two decades of experience in the financial services industry during which he has held several high level managerial roles at top tier firms such as FXCM, Gain Capital and Saxo Markets. Prior to joining ThinkMarkets, Marcelo served as Global Head of Partnerships for short time period of seven months at another FCA regulated forex brokerage service provider ForexTime.
Before his tenure at FXTM, he served as Senior Director for Saxo Markets for period of one year and two months. However, Marcelo spent better part of last decade serving in senior management roles at Gain Capital having remained at the firm for period of nine years and seven months. Marcelo served at Gain Capital prior to joining Saxo Markets and joined the firm back in August 2008 in the role of Senior Vice President of Global Operations. After serving in the role for nearly seven and a half years he was promoted to role of Head of Partnerships back in August of 2015. Marcelo started his career in financial services industry while he was still pursuing his bachelor’s degree in Economics from University of Chicago. He started out as an intern at Paine Webber where he remained for two years. He moved on to Morgan Stanley post graduation and served in capacity of Associate for four years post which he served for two years as Vice President of Finance and Business Development for iSay Inc for another two years.
Marcelo joins the firm when it is at its peak of its expansion phase given its activities to expand its global footprint. Aside from its UK license, it had also been serving clients based out of Australia for quite a while now having acquired a license from Australian Securities and investments Commissions. The firm also recently acquired a license to operate in South Africa and started a new office in the country. With the acquisition of this license the firm’s product portfolio now also includes South African assets in its list of international products which consists of single stock CFD’s, stock indices, currencies and commodities via its trading platform. Aside from expanding its global footprint, the firm’s business also expanded in trade technology services given its launch of new product package consisting of customized algorithmic and automated trading solutions which have been dubbed as Think Zero. Aside from the trading solutions, it also provides order management system which facilitates low spreads and fast order execution on wide array of financial derivative products.
Please feel free to share your thoughts with us in the comments below.