Oval Money’s Daniel Gladding Takes on Role as Chief Risk Officer at eToro

Following the closure of OvalX in March, former executives are securing positions at other companies. Among them is Daniel Gladding, who has previously worked for Admirals, StoneX, IG Group, and other notable firms.

Daniel Gladding, the Group Chief Risk Officer at Oval Money, has joined eToro as Chief Risk Officer following the closure of OvalX. Gladding, who previously held executive positions at Admirals, StoneX, and IG Group, among others, made the announcement on LinkedIn. He expressed excitement about working in the world of zero-commission stocks, real crypto, derivatives, copy trading, debit cards, e-wallets, and much more.

Gladding’s move to eToro is part of a trend where former Oval Money and OvalX employees are finding new roles in other trading firms after the brokerage shut down. Nicole Simpson and Tony Adams joined BidX Markets and Alvar Financial, respectively, while Ella Hacer Gumus joined Trade Nation, and Mark Foulds became part of Alvar Financial.

With nearly two decades of experience, Gladding brings valuable expertise to his new role at eToro. He previously served as the Head of Risk at Admirals, where he played a key role in establishing a new risk function at the UK subsidiary of an Estonia-based FX/CFDs brokerage. Prior to that, he held senior positions at Capital Index, including Global Head of Risk and Chief Operating Officer.

Gladding’s tenure at StoneX as Vice President of Risk Management and Quantitative Analytics further contributed to his expertise. He began his career at IG Group, where he worked across various financial markets, specializing in vanilla and binary options after initially starting as a Market Maker for the FX, equities, and futures desk.