Exclusive: NAGA promotes Antonis Monogios to Head of Dealing
Antonis Monogios replaces Pawel Cichowski, who left NAGA to become Head of Dealing at Cyprus based startup crypto exchange XBO.
Antonis Monogios replaces Pawel Cichowski, who left NAGA to become Head of Dealing at Cyprus based startup crypto exchange XBO.
Pawel Cichowski joined NAGA in 2020, after working for eight years in the dealing room at FxPro.
Already, NAGA has seen more brokerage sales in year-to-date 2022 than in the entire first half of 2021.
The Estonian Crypto license for NAGA’s cryptocurrency platform NAGAX was granted in the last week of March.
While equity markets globally are taking a hit today, a number of Retail FX firms have reacted especially harshly.
NAGAX will launch with a crypto wallet, as well as a crypto exchange with more than 50 assets.
Two of 2021’s market darlings among public traded Retail FX brokers – Swissquote and NAGA.com – have performed the worst YTD in 2022.
In 2021 NAGA saw over 4.8 million trades copied via its Auto Copy tool, almost tripling compared to 2020 (1.7 million).
Leading the acquisitions was NAGA.com CEO Ben Bilski, who bought €200,000 in NAGA shares, at prices of between €7.77-€8.09.
Social trading focused NAGA is already publicly traded in Frankfurt (ETR:N4G), now trading at a valuation of €331 million.