FNG Exclusive… FNG has learned that yet another former executive from OvalX has joined Alvar Financial, the parent company of Retail FX and CFDs broker Intertrader.

Now joining Alvar is Tony Adams, who spent the past four years at OvalX (formerly ETX Capital), on OvalX’s High-Net-Worth client trading desk. At Alvar he will be a Senior Sales Trader. Earlier this year OvalX’s Head of HNW Equities, Jackie Alexander, also joined Alvar as Co-Head of HNW Trading. We also reported last week that another OvalX holdover, Mark Foulds, has joined Alvar as Co-Head of High Net Worth Trading, alongside Ms. Alexander.

Alvar’s Intertrader.com brand also recently hired former ETX Capital executive Joe Rundle as CEO.