Client Money held by Capital Index fell to £3.6 million as at year-end 2022, down 35% from £5.5 million in 2021.
Capital Index said a lack of volatility compared with the previous year cut into expected revenues and difficult decisions had to be made.
Based in London, Heiko Mueller will be Exinity Senior Vice President of Commercial Development.
FNG Exclusive… Looks like there are more management changes afoot at UK financial spreadbetting and CFDs trading firm Capital Index. […]
Trevor Barwell has been with Capital Index since 2014. He has also worked as Product Head – MetaTrader at ETX Capital.
Rob Woolfe joined Capital Index as CEO in 2014, leaving in 2018 to become CEO of GKFX, and then of LCG.
The move comes after a rough 2020 for Capital Index – 2020 Revenues came in at £2.44 million at Capital Index, down 11%.
Capital Index currently offers the MT4 online trading platform, but plans to launch its own platform in Q3-2021.
Darren Spicer joins Capital Index from institutional FX firm LMAX, where he worked as a senior sales executive for the past two years.
SteelEye has been selected to provide MiFIR and EMIR reporting services to Capital Index.