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 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 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.