Exclusive: LCG adds ADSS vets Ash Elgarf and Dan Benton to head Dealing, Sales
LCG, controlled by Swiss neobroker FlowBank, recently made a major shift in its business model to become an introducing broker.
LCG, controlled by Swiss neobroker FlowBank, recently made a major shift in its business model to become an introducing broker.
Richard Wiltshire had been with OvalX / ETX for 15 years, joining in 2008 as Chief Dealer Foreign Exchange.
The problems at LCG come just days after FNG reported exclusively that LCG had made a decision to move to an introducing-broker model only.
Starting July 1, LCG will effectively become an introducing broker to (former) rival IG Group (LON:IGG).
At the end of 2022 LCG brought in a new management team to run the company, led by new CEO Dave Worsfold.
LCG said it will be partnering with industry-leading providers, so that its clients can access the best products, technology and pricing.
LCG is controlled by Swiss neobank Flowbank SA, which is run by former LCG CEO Charles-Henri Sabet.
The CySEC today announces the withdrawal of the CIF authorization of London Capital Group (Cyprus) Ltd.
The project seems to have attracted a number of former LCG colleagues of Mr. Sabet, including COO Mathieu Bruneau who was LCG’s COO.