The Global trading provider Infinox builds on momentum with brace of senior hires
Infinox adds to its senior team after trading volumes smash through the half trillion mark and worldwide revenue surges by 61%
The global brokerage, which specialises in FX and CFD trading, has appointed CMC Markets veteran Mike O’Sullivan as Head of Technology
Swati Saxena joins as Head of Institutional Sales, and will spearhead the growth of IX Prime, Infinox’s market maker and liquidity provider
The appointments come after the brokerage, which has a presence in 15 countries and specialises in FX and CFD trading, recorded a 61% jump in revenue and a 28% increase in trading volumes to $553bn in 2020.
Mike O’Sullivan, a 14-year veteran of CMC Markets and more recently Head of Project Management at ATFX, joins Infinox as Head of Technology.
Mr O’Sullivan, who combines extensive commercial experience with technological expertise, will play a key role at Infinox’s London headquarters as the company ramps up its product offering and strengthens its trading infrastructure.
Swati Saxena, who boasts a world-class institutional pedigree after serving as a Senior Project Manager at BGC Partners and working with tier one banks, has joined Infinox as Head of Institutional Sales.
Her new role will see her drive further growth in IX Prime, Infinox’s institutional division, which provides market infrastructure and liquidity to international exchanges including the Brasil Bolsa Balcão (B3) – the world’s third largest derivatives exchange.
Robert Berkeley, CEO of Infinox, said:
“Mike and Swati are joining Infinox at an exciting time, and with their tech and institutional pedigrees they will both play a vital role in fuelling our sustained global expansion.
“Infinox’s seamless, user-friendly technology was a key driver of our success in 2020 – especially the launch of our community trading app IX Social, which brought the excitement and power of real-time trading to a whole new audience of retail investors.
“Our ability to provide robust market infrastructure, and deep reserves of liquidity, to institutional clients and top tier exchanges like the B3 is also a vital engine of further growth. Swati’s expertise and peerless network of institutional contacts will be invaluable as we ramp up our exciting IX Prime division.”