After nearly six years at IG Group as a Premium Client Manager, Stephen Williams has made the move to Capital.com. The veteran, with over 15 years of experience in financial markets, will take on the same role at the broker's Australian office that he held at IG from 2018 to 2024.

Capital.com Snags New Premium Client Manager

Williams announced on Tuesday via social media that he's joining the Capital.com brokerage team in Melbourne. He'll be stepping into the same position he held at IG Group's Australian division as Premium Client Manager.

"I'm happy to share that I'm starting a new position as Premium Client Manager at Capital.com," Williams wrote on his LinkedIn profile.

This move comes at a time when Capital.com has been doubling down on expanding its offerings in the Australian market. The company has ramped up its Melbourne workforce to about 30 employees and is gearing up for promotional campaigns targeting this specific market.

Williams kicked off his career in financial markets in 2008 at Leveraged Equities Equities Equities can be characterized as stocks or shares in a company that investors can buy or sell. When you buy a stock, you are in essence buying an equity, becoming a partial owner of shares in a specific company or fund.However, equities do not pay a fixed interest rate, and as such are not considered guaranteed income. As such, equity markets are often associated with risk.When a company issues bonds, it’s taking loans from buyers. When a company offers shares, on the other hand, it’s selling pa Equities can be characterized as stocks or shares in a company that investors can buy or sell. When you buy a stock, you are in essence buying an equity, becoming a partial owner of shares in a specific company or fund.However, equities do not pay a fixed interest rate, and as such are not considered guaranteed income. As such, equity markets are often associated with risk.When a company issues bonds, it’s taking loans from buyers. When a company offers shares, on the other hand, it’s selling pa Read this Term. He joined IG in late 2018, where he was responsible for maintaining relationships and organizing events for premium clients, as well as managing platform operations and order execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term.

This move marks another staffing change at Capital.com over the last month. In mid-May, the broker promoted Rupert Osborne to the newly created role of UK CEO. Osborne has taken over the responsibilities of CEO of the UK operations from Kypros Zoumidou, who remains the Group CEO.

Meanwhile, the company has encountered some issues in the UK. The official website for its FX/CFD trading service has announced that it has "for now" suspended the registration of new clients under the Capital Com (UK) Limited entity.

Overall, the broker's operations continue to expand. According to the Q1 2024 report, trading volumes reached $1.2 trillion, increasing by 53%. The number of active investors also rose by 17%.