Rostro-owned Scope Markets has strengthened its institutional liquidity division, Scope Prime, by appointing Andrew Taylor as the Head of Scope Prime APAC, Finance Magnates learned exclusively.

Growing Scope Prime’s Market Share

In the Sydney-based role, Taylor will be tasked with establishing an operational presence and growing Scope Prime’s share of the market across the Asia-Pacific region. However, his initial focus will be on establishing the regional office.

“The company’s innovative way of providing competitive liquidity across such a diverse range of markets addresses the recurrent client need for comprehensive multi-asset access from a single provider,” Taylor said.

“With demand for these services in APAC markets growing fast, supporting this with a physical presence will without doubt help cement Scope’s position in the region.”

Over Three Decades of Experience

Taylor is a financial markets veteran and brings more than three decades of experience to the new role at Scope Prime. Most recently, he was the Managing Director of ACY Connect, a division of ACY Securities, a role he held for the last couple of years.

According to his LinkedIn profile, he started his career in 1991 at the Spot FX division of Westpac, later joining Tullett Prebon (formerly M.W. Marshalls) and then Travelex.

He entered the retail forex and contracts for differences (CFDs) industry in 2003 by assuming the role of Business Director at easyMarkets, which he held for about two years. After founding and operating Tailored Markets for three years, he joined GFT Global Markets, then moved to Invast Financial Services as the COO. He also headed OneRoyal, another FX and CFDs brand, as the CEO for over six years and then joined IC Markets as the General Manager.

“Combining Andrew’s wealth of industry knowledge with our dynamic product set means that we are well placed to expand our institutional reach across the fast-growing APAC markets,” Daniel Lawrance, CEO of Scope Prime, said.

“The Scope Markets brand is already well known by retail investors in much of the region, but Andrew will be instrumental in building the Group’s presence and aiding in delivering our high-quality solutions to banks, brokerages, and other institutional counterparties within the region.”