FNG Exclusive… FNG has learned that experienced FX industry executive Matthew Wright has joined Retail FX and CFDs brokerage group Exinity, as the company’s new Chief Operating Officer (COO).

Matthew Wright spent the past two years as CEO of rival London and Dubai based broker Zenfinex. He joined Zenfinex in late 2021, as was also reported exclusively at the time here at FNG, after serving as CEO of London based CFDs and spread betting broker Capital Index. From 2008-2016 Matthew was Chief Operating Officer EMEA at Gain Capital and its Forex.com unit – where at the time current Exinity CEO Lex Webster worked as SVP, Strategy & Operations.

Exinity was launched in June 2020, as an umbrella group comprising the various retail FX/CFD businesses owned by Andrey Dashin, including the Alpari and ForexTime (FXTM) Retail FX/CFD brands, and more recently the Nemo investing app and the Pulse gaming platform.