The USG Group is best known in the FX and CFDs sector for the bankruptcy of its then-main operating arm USGFX in Australia in mid-2020.
Damian McDowell joined USGFX-UK just over a year ago as CEO, after serving as the CEO of TIO Markets UK.
Simon Quirke takes the place at TIO Markets of its former CEO Damian McDowell, who took Mr. Quirke’s old job at USGFX-UK.
Damian McDowell replaces Simon Quirke, who led USGFX-UK as CEO since 2018 until resigning earlier this year.
Damian McDowell joined the FCA regulated TIO Markets UK Limited – then known as FXPrimus Capital Markets UK – in 2016.