Infinox Capital Appoints Ulas Akincilar as Head of Trading

Infinox Capital, a UK-headquartered Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term brokerage with an office in Shanghai, has appointed Ulas Akincilar as its newest Head of Trading.

Akincilar stepped into his new role in January, based out of the group’s London office, according to information made public on his LinkedIn profile. He will help solidify Infinox’s operations, bringing several years of expertise in the FX space to the role.

Originally called GO Markets UK, the firm rebranded to INFINOX in 2014. As an FCA-regulated brokerage, Infinox offers its trading services to clients on a global scale. Earlier this week, the company exclusively shared with Finance Magnates that it has appointed Sam Chaney as Head of International Business Development at INFINOX Capital. The news comes in light of the company’s expanding focus on new markets and products around the world for 2019.

Professional Background

Prior to INFINOX, Akincilar has served for a short stint with FCA-regulated brokerage firm House of Borse Limited (HoB) as Head of Trading and Risk Management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term.

The departure of Akincilar came barely nine months after installing him in the position back in March 2018. He confirmed to Finance Magnates that he left House of Borse on good terms. He joined the middle east-focused broker after nearly a decade in the FX and trading technology space, having worked at a number of leading venues in the industry.

Ulas joined House of Borse from Gold-i, a trading systems integration specialist for the financial services ‎industry. He most recently served as Technical Support Engineer, a position he held for nearly 15 months.

Akincilar also worked as FX Transactions Director at A1 Capital Menkul Degerler from July 2015 until December 2017, and then joined E-FX Capital Markets as Treasury & Risk Manager where he stayed for nearly two years.

Akincilar earned his bachelor’s degree in geomatics engineering from Istanbul Technical University in Turkey.