From FXDD COO to CEO: Lubomir Kaneti Takes the Helm at SparkMarkets

Tuesday, 09/07/2024 | 12:45 GMT by Tareq Sikder
  • Kaneti advised at Magnifina, and led at Trading.com US and CX Futures Exchange.
  • At FXDD, he achieved notable revenue growth, resulting in recognition on the Inc. 5000 list.
Lubomir Kaneti

Lubomir Kaneti has announced his new role as Chief Executive Officer at SparkMarkets, a company specializing in premium SAAS Trading Technology and Services.

SparkMarkets offers products, including Turn-Key Brokerage Packages, Web & Mobile Trading Platforms, ERP/BO & CRM solutions, Crypto and Fiat Payment Integrations, and AI solutions for customer engagement.

Executive Career Highlights

Prior to this appointment, Kaneti served as a Member of the Board of Advisors at Magnifina, where he provided strategic advice on business plans and strategies. He also held the position of Interim Chief Operations Officer at a start-up SEC-registered investment advisor firm, contributing to a 10% growth in Assets Under Management (AUM) during his tenure.

Kaneti's experience includes a role as Chief Commercial Officer at Trading.com US, overseeing go-to-market strategy, business development, and sales activities. Previously, he served as Senior Managing Director at CX Futures Exchange, a subsidiary of Cantor Fitzgerald, where he led product development and trading strategies, achieving notable growth in volume and customer conversions.

Source: LinkedIn
Source: LinkedIn

With over a decade of experience as Chief Operating Officer at FXDD, Kaneti contributed to a significant 150% revenue growth and secured a spot on Inc. 5000's list of fastest-growing companies.

FXDD Enhances Trading Tools

FXDD has facilitated global trading access to indices like S&P 500 and Dow Jones, as well as commodities such as Gold and Oil, allowing traders to shape their trading strategies, as reported by Finance Magnates. Over decades, trading in commodities and indices has surged in popularity, attracting a diverse range of traders, from novices to seasoned professionals.

These markets appeal due to their historical significance and dynamic supply-demand dynamics. They offer potential returns through price fluctuations in commodities like gold, oil, natural gas, and indices such as S&P 500 and Dow Jones.

Earlier, FXDD integrated Autochartist. Autochartist enhances FXDDโ€™s trading platform with real-time market insights, customizable search features, and a built-in price movement scanner. It also includes advanced risk management tools like Volatility Analysis, Risk Calculator Plugin, and extensive educational resources.

Lubomir Kaneti has announced his new role as Chief Executive Officer at SparkMarkets, a company specializing in premium SAAS Trading Technology and Services.

SparkMarkets offers products, including Turn-Key Brokerage Packages, Web & Mobile Trading Platforms, ERP/BO & CRM solutions, Crypto and Fiat Payment Integrations, and AI solutions for customer engagement.

Executive Career Highlights

Prior to this appointment, Kaneti served as a Member of the Board of Advisors at Magnifina, where he provided strategic advice on business plans and strategies. He also held the position of Interim Chief Operations Officer at a start-up SEC-registered investment advisor firm, contributing to a 10% growth in Assets Under Management (AUM) during his tenure.

Kaneti's experience includes a role as Chief Commercial Officer at Trading.com US, overseeing go-to-market strategy, business development, and sales activities. Previously, he served as Senior Managing Director at CX Futures Exchange, a subsidiary of Cantor Fitzgerald, where he led product development and trading strategies, achieving notable growth in volume and customer conversions.

Source: LinkedIn
Source: LinkedIn

With over a decade of experience as Chief Operating Officer at FXDD, Kaneti contributed to a significant 150% revenue growth and secured a spot on Inc. 5000's list of fastest-growing companies.

FXDD Enhances Trading Tools

FXDD has facilitated global trading access to indices like S&P 500 and Dow Jones, as well as commodities such as Gold and Oil, allowing traders to shape their trading strategies, as reported by Finance Magnates. Over decades, trading in commodities and indices has surged in popularity, attracting a diverse range of traders, from novices to seasoned professionals.

These markets appeal due to their historical significance and dynamic supply-demand dynamics. They offer potential returns through price fluctuations in commodities like gold, oil, natural gas, and indices such as S&P 500 and Dow Jones.

Earlier, FXDD integrated Autochartist. Autochartist enhances FXDDโ€™s trading platform with real-time market insights, customizable search features, and a built-in price movement scanner. It also includes advanced risk management tools like Volatility Analysis, Risk Calculator Plugin, and extensive educational resources.

About the Author: Tareq Sikder
Tareq Sikder
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A Forex technical analyst and writer who has been engaged in financial writing for 12 years.

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