Capital.com confirms OvalX clients acquisition, hires ex IG exec Niamh Byrne
Niamh Byrne will serve as Capital.com’s new Head of UK and Ireland.
Niamh Byrne will serve as Capital.com’s new Head of UK and Ireland.
OvalX and its board are involved in active discussions regarding a merger or sale of much of OvalX’s assets to another broker.
John Wilson was Chairman and CEO of Retail FX and CFDs broker OvalX, then known as ETX Capital, throughout much of the 2010s.
Maria Turner has spent more than 25 years working for leading financial institutions in a variety of senior risk management roles.
Visitors to etxcapital.com are now redirected to the broker’s new website, ovalx.com
ETX Capital’s Oval acquisition supports its neobank strategy of developing a combined platform with a broad range of financial services.
ETX Capital saw a 50% increase in Revenues during 2020, and has been branching out into the area of investment banking.
Online Blockchain plc has raised £1.0 million via a placing of shares with Monecor (London) Limited trading as ETX Capital.
ETX Capital, operated by FCA regulated Monecor (London) Limited, was acquired during in 2020 by Swiss fintech investor Guru Capital SA.
Online Blockchain is the UK’s leading listed blockchain company, incubating cryptocurrency startups and innovation in the blockchain space.