FNG Exclusive… FNG has learned that leading online broker IC Markets has taken a major step to move forward with its prop trading business, IC Funded, hiring experienced industry executive Petros Kalaitzis as General Manager for IC Funded.

Petros Kalaitzis, who is based in Cyprus, spent the past two years as Deputy CEO and Chief Strategy Officer (CSO) for prop firm FunderPro, part of a group of fintech companies which include “broker as a service” and “prop as a service” technology firm Netrios, and IT-for-brokers services company Red Acre.

Petros was previously with broker tech provider Tools for Brokers, as Managing Director and head of Tools for Brokers’ Cyprus office. He has also served as Chief Experience Officer at NAGA Group, Head Of Client Services at Tickmill, and Manager – Retail and Corporate Sales at Saxo Bank Cyprus, after beginning his FX industry career as a Dealer at eToro in 2012.