FNG Exclusive… FNG has learned that Australia’s VantageFX has hired former easyMarkets executive Gabriela Noriega as LatAm business development manager for the company’s recently launched Moneta Markets retail FX brand.

Gabriela Noriega, based in Mexico, was previously Marketing Manager for the Latin America region for Cyprus based retail FX and CFDs broker easyMarkets. She has also worked for LiteForex, and for Canadian banking concern Scotiabank.

As was exclusively reported by FNG back in July, ASIC-licensed VantageFX spun off Moneta Markets as a new offshore retail FX brand, based and licensed in the Cayman Islands. Moneta Markets was established to service clients outside of Australia, ahead of Australia financial regulator ASIC’s plans to limit CFD trading leverage to 30x for clients of ASIC-licensed brokers. That rule goes into effect next March. (By contrast, Moneta Markets offers up to 500x leverage).

The group also operates FCA-licensed Vantage Global Prime LLP in the UK.

FNG spoke with Moneta Markets CEO David Bily, who said:

“We’re really excited to have an experienced professional like Gabriela on board to help drive Moneta Markets’ expansion into the Latin American region.”

Separately, the VantageFX group has also engaged Waleed Salah as Head of Arabic Office, to focus on MENA region clients. He was previously Manager Middle East Office for VantageFX rival USGFX, which declared for bankruptcy protection earlier this year. Waleed Salah has also worked for ATFX and RoboForex.