Tag: TradingView

Valutrades, a prominent Retail FX and CFDs broker based in London, has announced the departure of its Chief Financial Officer (CFO), Liam Bonfield, marking the end of an influential eight-year tenure. Bonfield, who joined the Valutrades team in 2016, has been a pivotal figure in the company’s financial management and strategic planning.

Prior to his role at Valutrades, Liam Bonfield brought with him a wealth of experience from previous positions at GMO Z.com and London Capital Group, significantly contributing to the growth and development of Valutrades over the years.

Graeme Watkins, CEO of Valutrades, expressed his gratitude towards Bonfield, stating, “We would like to thank Liam for all his efforts at Valutrades. We would not have been able to have achieved everything we have done without him and wish him all the best on his future endeavours.” This sentiment reflects the high regard in which Bonfield is held within the company and the industry at large.

In response, Liam Bonfield shared his appreciation for the support he received during his time at Valutrades. He said, “I would like to thank the board and shareholders for all of their support during my 8 years as CFO of Valutrades Limited. I have thoroughly enjoyed working with some talented people over the years. With the recent investments in the new technology stack, I have every confidence in the future success of the business and I wish the team the very best for the future.”

Valutrades, which has been under the leadership of CEO Graeme Watkins since 2015, is regulated by the Financial Conduct Authority (FCA) in the UK. The broker has recently undergone a rebranding in 2023 following a year of strong financial performance.

In its most recent fiscal year (2022), Valutrades reported a 47% increase in revenues, reaching £6.5 million, and a net profit of £735K. The company’s success is attributed to its innovative approach and the significant investments in technology, alongside the strategic leadership of individuals like Bonfield.

Owned by Indonesian investors Aman Lakhiani and Anil Bahirwani, Valutrades is poised for continued success and growth in the competitive world of online brokerage. As the company bids farewell to a key member of its executive team, it remains committed to building on the solid foundation laid during Bonfield’s tenure, aiming to achieve new heights in the future.

In a significant development in the financial industry, ATFX has officially announced the completion of its acquisition and subsequent name change of Rakuten Securities Australia Pty Ltd. Effective immediately, the entity will operate under the new name AT Global Markets (Australia) Pty Ltd, adopting the brand names “ATFX” for its retail client services and “ATFX Connect” for institutional client services across the Asia-Pacific region.

The acquisition, completed in mid-2023, marks a pivotal step in ATFX’s strategy to enhance and unify its global brand presence. ATFX, renowned for its innovative technology, comprehensive product offerings, and strict regulatory compliance, is set to continue this legacy under its new Australian brand.

Gerald Segal reported on January 23, 2024, that ATFX has ambitious plans for the near future, including relocating to a larger office in Sydney during the second quarter of the year. This move symbolizes the company’s growth trajectory and its dedication to providing an unparalleled trading experience to its clients.

Furthermore, ATFX is committed to elevating its client service standards. Investments are being made to upgrade the client portal and server infrastructure and to introduce an automatic KYC client onboarding system. These enhancements aim to create a more streamlined, efficient, and user-friendly trading environment for all ATFX clients. Access to a broad array of trading tools, educational resources, and customer support is expected to be significantly improved, reinforcing ATFX’s pledge to deliver an exceptional customer experience.

ATFX’s rebranding and the introduction of new technologies and services underscore its position as a formidable force in the financial sector. With a focus on AI-driven projects and a broad product portfolio, ATFX demonstrates its ongoing commitment to innovation, regulatory compliance, and the provision of superior services to both retail and institutional clients.

This strategic rebranding and the series of planned improvements highlight ATFX’s dedication to not only expanding its market presence but also enhancing the quality of services provided to its clientele, setting a new benchmark for excellence in the global trading industry.

In a significant executive shift, London-based TradingView, known for its advanced charting software and solutions, has announced a change in its leadership. Effective immediately, Oleg Mukhanov has been named the new CEO of TradingView, taking the reins from Denis Globa, who co-founded the company in 2011.

Mukhanov, who joined TradingView in 2022 as Chief Financial Officer (CFO), brings a wealth of experience from his previous roles. Before his tenure at TradingView, he was deeply involved in the venture capital sector, serving as a Partner and COO/CFO of Enso Ventures. This followed a notable six-year career in investment banking at UBS.

The outgoing CEO, Denis Globa, leaves behind a robust legacy at TradingView, having co-founded the company alongside Konstantin Ivanov (former CTO) and Stan Bokov (former COO, now Chief Strategy Officer). Despite stepping down as CEO, Globa remains a co-controlling shareholder of the company.

In a statement posted on social media, Oleg Mukhanov expressed his enthusiasm and humility in stepping into the CEO role: “I am excited and humbled to take over as the Chief Executive Officer at TradingView. I am looking forward to the challenge of taking this amazing company and all those people who made it such to new heights!”

TradingView, a platform renowned for its charting capabilities, also functions as a social network for traders and investors. With a user base exceeding 50 million worldwide, it plays a crucial role in identifying opportunities across global markets. The company’s solutions are employed by a multitude of FX and CFD industry providers, including FP Markets, Match-Trader, and Pepperstone.

Mukhanov’s appointment as CEO marks a new chapter for TradingView, signaling a continued commitment to innovation and excellence in the financial technology sector. His diverse background and experience in both the venture capital and investment banking arenas position him uniquely to lead TradingView’s expansion and adaptation in the rapidly evolving market landscape.