FNG Exclusive… FNG has learned that Retail FX and CFDs broker Taurex has named experienced industry executive Matthew Wright as Global CEO.

This actually marks the second go-around for Matthew as CEO of Taurex. He held that role (when the company was known as Zenfinex) from 2021-2023, leaving to join rival broker Exinity as COO. Matthew left Exinity last year and, as was also reported exclusively here at FNG back in March, recently rejoined Taurex in a non-executive director position.

Matthew Wright has also previously served as CEO of Capital Index, and held senior management roles at Destek Markets, Gain Capital (Forex.com and City Index), and Refco.

Taurex recently received a $40 million capital injection led by major shareholder Oscar Hilt Tatum IV. The brand is operated by several licensed subsidiaries including in the UK, UAE, and Seychelles. Taurex also operates institutional liquidity and prime services division Taurex Prime, and retail prop trading unit Atmos Funded.

Matthew posted the following note on LinkedIn regarding his new role at Taurex.

I’m excited to share that I’ve started a new role as Global CEO of Taurex.

Four years ago, I stepped away from this role, so to have the opportunity to return is both rare and incredibly meaningful. After spending the last year as a NED, the Board asked me to step back into the CEO position something I was very happy to do.

The decision was made easy by the enormous respect I have for the people across the business. There is real talent, energy, and commitment here, and I’m proud to be working alongside the team again.

We have an important job to do, and I’m excited for what comes next.