Most recently, Reed served as Senior Sales Account manager at London Capital Group.
He joined the firm as a Sales Account Manager in 2016.
Damian Reed, formerly the Senior Sales Account Manager
at London Capital Group, has landed a new role as the Business Development
Executive at Global Market Index Limited (GMI UK). Based in London, GMI caters
to B2B financial companies and professional traders.
At London Capital Group
According to Reed’s LinkedIn profile, he has been with
the London Capital Group, also based in London, for more than eight years. He
joined the company as a Sales Account Manager in 2016 before being promoted to
Senior Sales Account Manager.
LSG specializes in online trading services and has been in the industry for almost two decades. According to the firm’s LinkedIn
profile, the multi-asset platform features forex, CFDs, shares, and commodities
trading. It is reportedly regulated by the Cyprus Securities Exchange
Commission and the Financial Conduct Authority.
Meanwhile, the liquidators of the bankrupt FlowBank announced
plans to sell the bankrupt firm’s entire shareholding at London Capital Group’s
(LCG) UK and to discontinue the business of the affiliated entity in the
Bahamas.
“In respect of LCG UK, the liquidators are currently seeking
a potential purchaser who would be interested in acquiring all the shares in
LCG,” the liquidators from Walder Wyss Ltd mentioned. “in respect of LCG
Bahamas, the liquidators wish to discontinue the operation of LCG Bahamas.”
LCG's Financial Results
Elsewhere, LCG recently released its financial report for 2022, highlighting a boost in revenue despite widening losses. The firm earned just under £2 million, representing a 25% increase compared to £1.6 million posted in the previous year.
At the operational level, however, LCG UK reported a loss of £3.7 million in operations, a reduction of almost £2 million from the figures reported in 2021.
Thus, the net loss for the entire year was £2.4 million, a 30% increase from the previously reported £1.7 million. London Capital Group
Limited is responsible for LCG's
operations in the UK. FlowBank has been in liquidation since June 2024 following a decision by the Swiss regulator.
Damian Reed, formerly the Senior Sales Account Manager
at London Capital Group, has landed a new role as the Business Development
Executive at Global Market Index Limited (GMI UK). Based in London, GMI caters
to B2B financial companies and professional traders.
At London Capital Group
According to Reed’s LinkedIn profile, he has been with
the London Capital Group, also based in London, for more than eight years. He
joined the company as a Sales Account Manager in 2016 before being promoted to
Senior Sales Account Manager.
LSG specializes in online trading services and has been in the industry for almost two decades. According to the firm’s LinkedIn
profile, the multi-asset platform features forex, CFDs, shares, and commodities
trading. It is reportedly regulated by the Cyprus Securities Exchange
Commission and the Financial Conduct Authority.
Meanwhile, the liquidators of the bankrupt FlowBank announced
plans to sell the bankrupt firm’s entire shareholding at London Capital Group’s
(LCG) UK and to discontinue the business of the affiliated entity in the
Bahamas.
“In respect of LCG UK, the liquidators are currently seeking
a potential purchaser who would be interested in acquiring all the shares in
LCG,” the liquidators from Walder Wyss Ltd mentioned. “in respect of LCG
Bahamas, the liquidators wish to discontinue the operation of LCG Bahamas.”
LCG's Financial Results
Elsewhere, LCG recently released its financial report for 2022, highlighting a boost in revenue despite widening losses. The firm earned just under £2 million, representing a 25% increase compared to £1.6 million posted in the previous year.
At the operational level, however, LCG UK reported a loss of £3.7 million in operations, a reduction of almost £2 million from the figures reported in 2021.
Thus, the net loss for the entire year was £2.4 million, a 30% increase from the previously reported £1.7 million. London Capital Group
Limited is responsible for LCG's
operations in the UK. FlowBank has been in liquidation since June 2024 following a decision by the Swiss regulator.
Relive the best moments from the Finance Magnates Pacific Summit 2024 with our highlights video! ✨
From action-packed moments, insightful speaker sessions, the exclusive Opening Blitz, and immersive workshops, this video captures the energy and excitement of FMPS:24. Whether you attended or missed out, here’s your chance to experience the top moments that made FMPS:24 unforgettable.
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Don’t forget to use the hashtags #fmps #fmps24 #FMevents when sharing.
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Relive the best moments from the Finance Magnates Pacific Summit 2024 with our highlights video! ✨
From action-packed moments, insightful speaker sessions, the exclusive Opening Blitz, and immersive workshops, this video captures the energy and excitement of FMPS:24. Whether you attended or missed out, here’s your chance to experience the top moments that made FMPS:24 unforgettable.
🎬 Watch, share, and join the conversation!
Don’t forget to use the hashtags #fmps #fmps24 #FMevents when sharing.
Stay tuned for more events. See you next time!
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates.
Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
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Transformation in the APAC Trading Landscape and Beyond | FMPS:24
Transformation in the APAC Trading Landscape and Beyond | FMPS:24
As the financial services industry experiences rapid and transformative changes, leading fintech experts and policymakers come together to discuss the present and future of retail trading and the evolving regulatory landscape. Join this insightful session for a forward-looking perspective on the trends, innovations, and trader needs that are shaping the future of offerings on a global scale.
Speakers:
Eric Blewitt, CEO, Investment Trends
Rhys Bollen, Senior Executive Leader, Digital Assets, Australian Securities and Investments Commission (ASIC)
Michael Bogoevski, Head of Institutional Sales, CMC Connect
Karin Setchell, General Manager, Product & Investing Solutions, CommSec
#fmps #fmps24 #fmevents #RetailTrading #FintechInnovation #FinancialRegulation #DigitalAssets #GlobalFinance
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates.
Connect with us today:
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As the financial services industry experiences rapid and transformative changes, leading fintech experts and policymakers come together to discuss the present and future of retail trading and the evolving regulatory landscape. Join this insightful session for a forward-looking perspective on the trends, innovations, and trader needs that are shaping the future of offerings on a global scale.
Speakers:
Eric Blewitt, CEO, Investment Trends
Rhys Bollen, Senior Executive Leader, Digital Assets, Australian Securities and Investments Commission (ASIC)
Michael Bogoevski, Head of Institutional Sales, CMC Connect
Karin Setchell, General Manager, Product & Investing Solutions, CommSec
#fmps #fmps24 #fmevents #RetailTrading #FintechInnovation #FinancialRegulation #DigitalAssets #GlobalFinance
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates.
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🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
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Executive Interviews with Joe Li & Simon Naish | ATFX | FMPS:24
Executive Interviews with Joe Li & Simon Naish | ATFX | FMPS:24
In this Finance Magnates Executive Interview, Joe Li, Chairman at ATFX and Simon Naish, Country Head of Australia at ATFX Connect, discuss ATFX’s strategic growth in the APAC region, particularly focusing on their institutional arm, ATFX Connect. They highlight the importance of Australia as a strategic hub, the challenges of operating in a highly competitive and regulated market, and their plans for regional expansion across APAC. The conversation touches on the integration of advanced technology and multi-asset offerings, the significance of optimal execution tools, and the importance of tailoring solutions to meet the sophisticated demands of institutional clients. They also emphasize their strong regulatory compliance and their commitment to enhancing client experience through innovative tools and infrastructure.
#fmps #fmps24 #fmevents #ATFXConnect #APACFinance #InstitutionalTrading #FinancialTechnology #MarketExpansion
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In this Finance Magnates Executive Interview, Joe Li, Chairman at ATFX and Simon Naish, Country Head of Australia at ATFX Connect, discuss ATFX’s strategic growth in the APAC region, particularly focusing on their institutional arm, ATFX Connect. They highlight the importance of Australia as a strategic hub, the challenges of operating in a highly competitive and regulated market, and their plans for regional expansion across APAC. The conversation touches on the integration of advanced technology and multi-asset offerings, the significance of optimal execution tools, and the importance of tailoring solutions to meet the sophisticated demands of institutional clients. They also emphasize their strong regulatory compliance and their commitment to enhancing client experience through innovative tools and infrastructure.
#fmps #fmps24 #fmevents #ATFXConnect #APACFinance #InstitutionalTrading #FinancialTechnology #MarketExpansion
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates.
Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
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Ready to Scale? Regtech in Australia, A Global View | FMPS:24
Ready to Scale? Regtech in Australia, A Global View | FMPS:24
In the effort to elevate Australian fintech on the global stage, RegTech presents a unique and compelling case. Despite the increasing demand for robust compliance solutions, Australia's RegTech sector—ranked third-largest globally—remains underfunded. Join this insightful fireside chat to explore the future of Australia’s RegTech hub and its global potential.
Key discussion points include uncovering the hidden opportunities in RegTech that VCs are overlooking, the necessary steps for increased governmental support, the readiness of the local ecosystem to collaborate across global regulatory regimes, and lessons learned from other leading fintech hubs around the world.
Speakers:
Dickie Currer, National Lead, Tech Australia Advocates
Deborah Young, CEO, The RegTech Association
#fmps #fmps24 #fmevents #RegTech #Fintech #AustralianFintech #GlobalCompliance #TechInnovation
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates.
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🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
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In the effort to elevate Australian fintech on the global stage, RegTech presents a unique and compelling case. Despite the increasing demand for robust compliance solutions, Australia's RegTech sector—ranked third-largest globally—remains underfunded. Join this insightful fireside chat to explore the future of Australia’s RegTech hub and its global potential.
Key discussion points include uncovering the hidden opportunities in RegTech that VCs are overlooking, the necessary steps for increased governmental support, the readiness of the local ecosystem to collaborate across global regulatory regimes, and lessons learned from other leading fintech hubs around the world.
Speakers:
Dickie Currer, National Lead, Tech Australia Advocates
Deborah Young, CEO, The RegTech Association
#fmps #fmps24 #fmevents #RegTech #Fintech #AustralianFintech #GlobalCompliance #TechInnovation
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates.
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Resilience in Trading: From Third Class To World Class | FMPS:24
Resilience in Trading: From Third Class To World Class | FMPS:24
Join Mario Singh, Founder and Chairman of Fullerton Markets, as he shares his life story, highlighting the traits that were required starting without financial knowledge to become a financial and trading expert recognised by world-renowned media like CNBC & Bloomberg.
#fmps #fmps24 #fmevents #trading #onlinetrading #tradingexpert #tradingjourney
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Join Mario Singh, Founder and Chairman of Fullerton Markets, as he shares his life story, highlighting the traits that were required starting without financial knowledge to become a financial and trading expert recognised by world-renowned media like CNBC & Bloomberg.
#fmps #fmps24 #fmevents #trading #onlinetrading #tradingexpert #tradingjourney
📣 Stay updated with the latest in finance and trading!
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