IKON Australia Appoints Jacob Nel as CEO

Jacob Nel has been appointed as the new CEO of IKON Australia according to his LinkedIn profile. The company which has been providing technology and Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term services to brokerages is appointing a new CEO after a set of legal disputes between IKON Multibank Group and IKON Australia Pty.

Nel joins the company after holding several executive positions in the 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 brokerage industry. After serving as a senior executive of business development at Australian brokerage Vantage FX between 2011 and 2013, he joined Royal Financial Trading as an Associate Director.

Finance Magnates has reached out to the company for a comment, but at the time of publication no response has been received.

Ikon Australia Pty is part of Ikon International Hong Kong PCL, which is registered in Hong Kong and is a joint venture of Ikon Group Ltd owned by Engin Yikilmazoglu and Ikon Financial Group Ltd, which is also formerly known as Multitrade Financial Group Holding, fully owned and controlled by Naser Taher.

Sources with knowledge of the matter have been claiming that the ownership of the joint venture between the two shareholders was resolved with a settlement, however no official confirmation from the parties is available at the moment.