LP Prime, a provider of liquidity in the forex and contracts for differences (CFDs) industry, has onboarded Marios Antoniou as the company’s new Chief Executive Officer. According to his LinkedIn profile, he joined the role earlier this month.
Heading a New Company
“I am eager to lead this incredible team and steer our collective efforts towards innovation and growth,” Antoniou wrote in a LinkedIn post. “Exciting times ahead as we work together to achieve new milestones and make a positive impact in our industry. Here's to new beginnings and great achievements!”
LP Prime is a new entrant in the liquidity-providing industry. The company was founded earlier this year by Louay Amhaz, the former Director of Business Development at oneZero. As Finance Magnates reported earlier, the company offers access to more than 1,350 instruments, including forex, precious metals, indices, and stock CFDs.
An Experienced Industry Executive
Antoniou brings about a decade of experience to the new role. He joined LP Prime from M4Markets, where he was the Chief Operating Officer for more than a year. Before that, he was the CEO of Invaxa, a lesser-known offshore forex and CFDs broker, which now appears to have been shuttered. He was one of the founding members of that broker, which was established in 2022, and was joined in other senior roles by several former employees of his previous brokerage employers. However, that brand seems to have failed to take off and is now shuttered.
Additionally, he worked at Cyprus-based Deltamark Fund Management as a Risk Manager and Executive Director for about a year before starting Invaxa.
Antoniou started his career at the dealing desk of IronFX in 2014 where he worked for a couple of years. Later, he joined TOPFX as the Head of Dealing and then switched to Hellenic Bank as Group Market and Liquidity Risk Management Officer. Furthermore, he was an executive at the Cyprus-regulated broker Axiance, which was rebranded from EverFX.