FNG has learned that longtime Alpari executive Mikhail Seliverstov has moved to Retail FX and CFDs broker GTCFX, as GTCFX’s new Chief Commercial Officer (CCO).

Mikhail Seliverstov had been with Alpari, initially in Russia and later based out of Dubai, since 2011, acting at different times as Head of Global Sales, Head of VIP Clients Support, and most recently as Senior Vice President Regional Development for Alpari.

The GTC Group operates a number of CFDs trading brands including ASIC licensed GTC Global Australia Pty Ltd (although its website at gtcau.com.au seems to be under construction), UAE SCA regulated GTC Multi Trading DMCC, and offshore entities in Mauritius and Vanuatu which operate the gtcfx.com website. The GTC Group is run from Dubai led by Managing Partner Jack Zheng.