Safecap Investments Receives CySEC Approval to Appoint Sharon Hadad as COO

Safecap Investments, whose main retail FX brand is CySEC regulated Markets.com, appointed Sharon Hadad as Chief Operating Officer (COO) yesterday.

Mr. Hadad joined the company in September 2013, however, in order to gain authorization to serve as senior management, the Cypriot regulator had to perform its standard compliance procedure which applies to newly appointed executives.

Prior to joining Safecap Investments in September, Mr. Hadad spent a year at IGMD as Head of Binary Options, preceded by a three-year tenure at IDI Ventures as Senior Product Director, with responsibility for 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, definining new features for the R&D team including development of the user interface for the company's Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term, CRM and back office systems.

With regard to his appointment, Mr. Hadad explained to Forex Magnates today that, "Although I joined Safecap in September 2013, I just recently got the approval from CySEC last week to act as an executive director and Head of Operations."

With regard to the coming year and Mr. Hadad's intentions for Safecap Investments' corporate governance, he further explained to Forex Magnates that, "For the meantime I can state that in the coming year we plan to extend our operations, both in dealing and risk management, expanding our team and supporting the growth of the company’s global B2C and B2B client-base."