TradeInformer understands that Jon Noble is set to become the CEO of brokerage group Trade Nation.
Noble was previously the Chief Operating Officer at IG Group, where he spent over two decades, having initially joined the dealing team back in 2000.
He left IG Group around 12 months ago, after spending five years in the COO role.
Several senior executives have left the firm since then, including ex-Chief Financial Officer Charlie Rozes and UK Head Matt Brief, as part of wider changes that have taken place under CEO Breon Corcoran.
Trade Nation has been headed up by Stuart Lane for over a decade.
FCA data shows that he stepped down from the CEO role at the broker last month, although he remains a company director.
Trade Nation, which was previously known as Core Spreads, is owned by Isle of Man-based entrepreneur Jasper White.