Anthony Darvall, the Head of FX Dealer for the Asia Pacific (APAC) region at easyMarkets, has departed the forex trading company after almost 15 years of service to launch a web 3.0 fintech startup called Traderflow.

Darvall announced his new position as the Founder of Traderflow on Friday on the professional social network platform, LinkedIn. The development comes a few weeks after Ohad Golan quit his role as the Chief Marketing Officer of easyMarkets four years after joining the broker's Limassol office.

Darvall joined easyMarkets in Australia in May 2008 as an APAC Chief Market Analyst and FX Dealer to High Net Worth Individuals. He would later become easyMarkets’ Head FX Dealer for APAC in May 2016. The executive's last role at easyMarkets involved working with high-net-worth clients and corporate hedging accounts. In addition, he provided in-depth market updates and long-term 'bespoke' trading plans for traders and hedgers.

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Meanwhile, Darvall said he intends to officially launch Traderflow in February this year in partnership “with some other FX veterans.” The startup is to be launched “with a trading floor Metaverse and dynamic NFTs that update in real-time [as well as] store trading history and statistics on-chain,” he explained.

“We have chosen MT4 and MT5 as the first platforms we will integrate into our Traderflow database,” Darvall told Finance Magnates.

Longtime FX Executives Quit Roles

In recent months, a number of longtime executives in the forex and CFDs trading industry have departed their roles for new ventures or other undisclosed endeavors. In mid-January, Ryan Leonard resigned from his role as the Chief Information Officer at FXCM. He departed the retail trading broker after almost 18 years to start independent consulting in the IT and information security industry.

A week earlier, forex veteran Alan F. Schwarz, who is the Co-Founder and CEO of FXSpotStream, disclosed that he will be stepping down from his role at FXSpotStream after over 11 years of running the multi-bank forex aggregation services provider.

Furthermore, in November last year, Harshad Kale, ThinkMarkets’ Chief Financial Officer, exited the Australia-headquartered forex and CFDs broker after spending almost nine years of his professional life at the company.

Earlier in September, Bank of England's (BoE) FX Dealer Chris Mills left his role at the UK central bank after 18 years of service. Mills managed the forex risk balance sheets of the BoE and the UK Treasury during his time at the financial institution.