FNG Exclusive… FNG has learned that leading Switzerland based online trading firm Swissquote (SWX:SQN) is continuing its hiring spree in Cyprus to its Swissquote Capital Markets Ltd (CY) unit, adding Zoltan Nemeth as COO. He will also serve as Head of Operations and Sales for Swissquote’s new EU unit.

Zoltan Nemeth was most recently Head Of Global Sales and Head Of Global Business Development at CySEC licensed broker Orbex, leaving in late 2021 after three years at Orbex. He also previously worked in senior sales roles at TeleTrade, eToro, and IronFX.

We also reported exclusively back in September that Swissquote hired former Sheer Markets executive Elif Kundakci as Executive Director Cyprus. The company established Swissquote Capital Markets Ltd (CY) in 2021, with plans to receive a CySEC license and to use Cyprus as a base for EU client facing Forex and CFD business.