hires IG/LMAX alum John Austin as CSO

London based mostly Retail FX and CFDs dealer has continued to reshape its senior administration C-Suite, saying the appointment of trade veteran John Austin as its Chief Technique Officer. Based mostly in London, John can be accountable for implementing strategic route, fostering innovation and driving initiatives that contribute to the corporate’s development trajectory.

The transfer is the primary main govt rent made by underneath new CEO Kypros Zoumidou. Kypros Zoumidou changed Peter Hetherington as CEO of in October.

John Austin joins with greater than 20 years of expertise within the derivatives buying and selling and brokerage house, most notably as a senior govt of IG Group the place, over a number of years, he held group-wide accountability for dealing, on-line advertising and marketing and knowledge science. He has additionally led strategic initiatives reminiscent of the event of Nadex, a US derivatives change, and Spectrum, a Frankfurt-based MTF. Extra lately he served as Chief Technique Officer at LMAX Group, the place he labored on a sequence of strategic initiatives within the FX brokerage and Crypto change house.

John’s intensive expertise additionally features a interval in funding banking, the place he was concerned in designing and executing large-scale structured transactions for Barclays Capital. Past his company roles, John served on the Advisory Board of Coinrule, a fintech startup. John holds an MA from Cambridge College and an MSc in Finance from London Enterprise Faculty.

The corporate mentioned that John’s appointment underpins’s dedication to strategic development and follows robust year-on-year development. Buying and selling volumes throughout the platform reached USD 1.2 trillion on the finish of November 2023, eclipsing its 2022 highs by greater than 17%.

Commenting on John’s appointment, Kypros Zoumidou, Group CEO,, mentioned:

“Because the monetary panorama continues to evolve quickly, recognises the necessity for a devoted govt to guide the event and execution of strategic initiatives that align with the corporate’s world development ambitions. John’s appointment displays our dedication to staying on the forefront of the trade and driving’s development to new heights.”

John Austin, Chief Technique Officer,, mentioned:

“I’m honoured to be a part of at such a pivotal time in its development journey. I stay up for supporting’s ambitions to diversify and develop its clientbase, develop into new markets and cement its market-leading place as a fast-growing, tech-first buying and selling platform.”

About operates a number of licensed subsidiaries concerned in on-line brokerage within the UK, Australia, and Cyprus. The corporate, and its sister model Foreign are managed by Victor Prokopenya, a Belarusian lawyer and laptop scientist dwelling in London.