Intertrader, a spread betting and CFDs provider, has appointed Joe Rundle, the former Chief of Staff at rival Capital.com, as its Chief Executive Officer. Rundle, who will resume the new role in early April, confirmed his appointment to Finance Magnates on Thursday.

The executive joins Intertrader over a year after he was hired by London-based Capital.com to fill in a new Cyprus-based role that saw him lead the brokerage firm’s growth and diversification strategy. In addition, since last year, the executive said he has been running a proprietary trading business, TradeOurCapital.

Intertrader Seeks to Move Beyond CFDs and Spread Betting

Speaking to Finance Magnates, Rundle, who brings over two decades of work experience to his new job at Intertrader, noted that he has been following the company for over 15 years. The executive noted that Intertrader’s goal is to “move beyond CFDs and spread betting” to providing “touchpoints across a range of clients' financial needs.”

“The financial markets are revolving at an incredible speed. We plan to put the customer at the centre of the product and our thoughts. We will be building multi-asset Multi-Asset Composed of varying asset classes, multi-asset is a blanket designation combining different classes such bonds, equities, cash equivalents, fixed income, and alternative investments.When compared to traditional balanced funds, multi-asset solutions differ because they target specific investment outcomes. This includes outcomes such as return above inflation as opposed to gauging performance against standardized benchmarks.Given the composition of multi-asset classes, they need to be dynamically Composed of varying asset classes, multi-asset is a blanket designation combining different classes such bonds, equities, cash equivalents, fixed income, and alternative investments.When compared to traditional balanced funds, multi-asset solutions differ because they target specific investment outcomes. This includes outcomes such as return above inflation as opposed to gauging performance against standardized benchmarks.Given the composition of multi-asset classes, they need to be dynamically Read this Term and multi-product solutions for customers that place regulation and responsibility at the heart of what we do,” Rundle explained.

Rundle Boasts Broad FX Industry Experience

Over the last 20 years, Rundle has worked for popular forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term and CFDs brands, such as ThinkMarkets and ETX Capital, which is now called OvalX. Before joining Capital.com in January last year, the senior executive for almost four years led Markets.com, the retail brokerage unit of Finalto, as the Global CEO.

Between 2010 and 2017, Rundle also worked as the Director of Trading and Partnerships at ThinkMarkets and OvalX. He spent a little over a year at the former brokerage firm but served much longer (over six years) at the latter. Furthermore, Rundle headed CFDs and execution at OvalX for six years between 2004 and 2010.

The executive started out his career in 2001 as a trader at Saxon Financial, a proprietary trading firm.