FNG Exclusive… FNG has learned that longtime INFINOX executive Tiago da Costa Cardoso has left and moved to rival broker Exinity, as Exinity’s new Senior Vice President – Strategic Business Development, in Dubai.

Tiago da Costa Cardoso had been with INFINOX for the past four years, joining initially in 2019 as Regional Manager responsible for setting up the INFINOX branch in Lisbon, Portugal. Early last year he moved to Dubai and was promoted to the role of Head of Business Development and Partners.

Prior to INFINOX Tiago worked for more than seven years at Poland based broker XTB, as their on-the-ground person in Portugal.

Exinity was formally launched in June 2020, as an umbrella group comprising the various retail FX/CFD businesses owned by Andrey Dashin including Alpari International, ForexTime (FXTM), money transfer service AcruPay, as well as a new retail offering under the Exinity name.