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Institutional FX

Monecor Unravels: Voluntarily Liquidates Operations in the UK

Cork Gully LLP's Stephen Cork and Mark Smith were appointed Joint Liquidators.
The company aims to settle all debts within 12 months.

Tuesday, 19/09/2023 | 21:48 GMT by Jared Kirui

Executives

Oval Money’s Daniel Gladding Joins eToro UK as Chief Risk Officer

Ex-OvalX execs are taking up roles at other firms after the broker shut down in March.
Gladding previously worked for Admirals, StoneX and IG Group, among others.

Tuesday, 09/05/2023 | 15:46 GMT by Solomon Oladipupo

Executives

Ex OvalX Seniors Move to BidX Markets, Trade Nation and Alvar

OvalX ceased operations on March 17, 2023, after selling assets to Capital.com.
Last week, Mark Foulds moved to Alvar Financial after over 20 years at OvalX.

Wednesday, 19/04/2023 | 20:39 GMT by Solomon Oladipupo

Executives

OvalX's Foulds Moves to Alvar Financial after 20 Years

Foulds worked for ETX Capital and OvalX as the Head of Spreadbetting Sales.
After the company ceased its operations in March, he looked for another post.

Thursday, 13/04/2023 | 11:28 GMT by Damian Chmiel

Retail FX

Exclusive: OvalX (Formerly ETX Capital) Is Officially Shutting Down

OvalX will close its doors on 17 March.
It has already sold the client book to Capital.com.

Thursday, 23/02/2023 | 10:50 GMT by Arnab Shome

Executives

Capital.com Hires IG Group’s Niamh Byrne as Head of UK & Ireland

Byrne is to provide execution support for Capital.com's new deal with OvalX.
She spent 14 years at IG Group before joining Capital.com.

Wednesday, 08/02/2023 | 17:53 GMT by Solomon Oladipupo

Retail FX

EXCLUSIVE: London FX Broker Capital.com Buys OvalX’s Client Assets

OvalX recently said it was considering a possible merger or asset sale.
The broker reported a pre-tax loss of £9.2M in FY21.

Tuesday, 07/02/2023 | 13:06 GMT by Solomon Oladipupo

Brokers

OvalX (Previously ETX Capital) Future in Doubt as Layoffs Begin

The company said there are ongoing talks of a possible merger or asset sale.
It noted "business as usual."

Thursday, 26/01/2023 | 10:54 GMT by Arnab Shome

Executives

Oval Money Hires OANDA’s Ella Gumus as Senior Affiliate Marketing Manager

Gumus left OANDA in June 2022.
She brings about 10 years of marketing experience to the new role.

Wednesday, 14/12/2022 | 18:55 GMT by Solomon Oladipupo

Executives

Luca Merolla Replaces Philip Adler as Oval Money CEO

He will head both the fintech and broker brands.
Adler has taken the role of Chief Business Development Officer in the company.

Friday, 30/09/2022 | 06:35 GMT by Arnab Shome

Brokers

Lawrence Jones Joins Oval Money as Head of Digital Acquisition

Jones is a former Interim Head of Digital Marketing at Pepperstone.
OvalX's Head of Research and Analysis departed his role last month.

Monday, 08/08/2022 | 14:06 GMT by Solomon Oladipupo

Thought Leaders

Are You Still Watching? Netflix Lays Off Staff as Subscriber Numbers Fall

Netflix is letting go of 300 employees, barely a month after its last round of layoffs.

Monday, 27/06/2022 | 16:42 GMT by Ovalx

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