FNG Exclusive… FNG has learned that longtime ETX Capital (now OvalX) CEO John Wilson has stepped down from the Board of Directors of the company.

John Wilson was Chairman and CEO of Retail FX and CFDs broker OvalX, then known as ETX Capital, throughout much of the 2010s, resigning his executive role in 2020 in favor of COO Philip Adler, after ETX was acquired by Swiss fintech investor Guru Capital SA. He was later re-added to the board of Monecor (London) Limited, the FCA regulated entity which operates ETX / OvalX, as a Non-Executive Director. Mr. Wilson also serves as a Non-Executive Director at a number of other companies including EAG, Aninca and CCS.

OvalX has made a number of other Board and management changes in recent months, adding risk expert Maria Turner to its Board, and hiring former IG executive Lawrence Jones and Amazon alum Elena Giardino to its marketing team.