Daniel Beale Lands at AxiCorp, Following His Departure From Gain Capital

Foreign Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term (FX) veteran Daniel Beale is once again on the move, this time parting ways with GAIN Capital to take up a new senior level role at AxiCorp Financial Services Pty, according to information made public on his Linkedin profile.

The recent update comes just seven months after Mr. Beale landed at GAIN Capital (NYSE:GCAP) as its London-based institutional sales and trading specialist. Since then, he has been working exclusively on the company’s sales and trading capabilities.

In his new role at AxiCorp, Mr. Beale will continue in his area of specialty and will be tasked with focusing on the broker’s institutional sales and trading – in this capacity he will be based out of London with his appointment tendered with immediate effect.

Prior to joining GAIN Capital (NYSE:GCAP) this past March, Mr. Beale established himself as an industry mainstay at London Capital Group (LCG), having served across a number of senior level roles during his tenure. These include, among others, eFX business manager and FX sales executive, dating back to 2007. Before becoming a part of London Capital Group in 2007, Mr. Beale also managed FX operations at Citi for over four years.

Mr. Beale’s appointment at AxiCorp follows the company’s development earlier this year in which it finalized negotiations with FIXI plc, having undergone a strategic alliance between the two firms. A newly constituted Board and Executive structure has since been put into place at Fixi and both AxiCorp CEO Goran Drapac and General Manager of AxiTrader Alex MacKinnon have joined the former.