Scope Prime will provide ZXCM with liquidity and technology to help support its retail-facing activities.
Scope Markets
Alkhaldi, who joins after a brief stint at HFM, will be tasked with expanding Scope Markets’ presence in the MENA region.
Knapp will continue in his role as Chief Risk Officer at Rostro Group, which owns Scope Markets. He will help role out options and futures for clients.
Scope Markets appears to be making more of an effort to expand in Asia. The company has focused heavily on Africa in the last couple of years.
UAE stocks have become increasingly popular over the last couple of years. Scope Markets is tapping into the same sort of demand.
Eliadou joins HFM from rival brokerage group Rostro, the owner of Scope Markets. She has also had stints at easyMarkets and London Capital Group.
Scope Markets non-leveraged CFDs on equities have proven an initial success, with uptake on both the B2B and B2C side.
The CFD industry plays an outsized role in the local economy, employing a huge number of people but also bringing a lot of cash relative to Cyprus’s GDP.
The new product launch includes the addition of around 250 single stock CFDs, which can be traded in the Scope Markets non-leveraged accounts.
We talk acquistions, moving into a CEO role, African markets, and more
Lots of Google searching is afoot