A recent leadership change has taken place within a liquidity provider that was established last year. The firm announced the departure of one of its co-founders last Friday, emphasizing a positive outlook for the future with a statement that implies he could return at a later date.
In his statement regarding his departure, he expressed his ongoing connection to the company, referring to it as part of a broader family. Despite stepping away, the details of his next career move remain uncertain.
The founding of this liquidity provider occurred in early 2024, with the primary aim of supplying trading liquidity to forex brokers and those dealing with contracts for difference (CFDs). The company’s website highlights its extensive range of services, offering liquidity on more than 2,500 instruments across eight different asset classes, such as forex trading, stock trading, indices, and commodities including energies and metals, as well as non-deliverable forwards (NDFs).
Shortly after the firm’s inception, a new Chief Executive Officer was appointed. Additionally, a Chief Operating Officer was brought on board, both of whom possessed previous experience in the industry. Leadership has acknowledged the significant contributions made by the departing co-founder in forming the company’s foundational elements, noting that his influence will continue to resonate within the organization’s narrative.
Before founding the liquidity provider, the departing executive accumulated over ten years of experience in the retail trading sector. His prior role included a lengthy tenure at oneZero, where he served for more than seven years and advanced to the position of Director of Business Development. Additionally, he was involved with PrimeXM as their Global Business Development Manager for over two years.
Interestingly, his exit coincides with a period of growth for the company, as it is enhancing its operations across the Middle East and North Africa (MENA) region. The firm remains committed to providing premium liquidity solutions to brokers and institutional clients on a global scale. This commitment is highlighted within the company’s announcements, instilling confidence in its strategic direction despite the leadership change. Overall, the focus remains on expanding its influence and service offerings within a growing market.