Giorgos Stylianou has started a new role as Head of
Compliance at Markets.com. He shared the update in a LinkedIn post today (Tuesday).
The move follows leadership changes at Markets.com. Andreas
Kyriacou has been appointed Managing Director and CEO of the Cyprus entity,
Safecap Investments, which runs the Markets.com brand. The company also holds
regulatory licences in South Africa and St Vincent and the Grenadines, and it
has not been disclosed who will lead the non-Cyprus entities.
Markets.com Hires Experienced Retail Compliance Executive
Stylianou joins Markets.com at a time of executive
reshuffling. Before this role, he worked at EXCA Prime as Chief Compliance
Officer for nearly three years, based in Cyprus.
During this period, he also held other senior positions. He
served on the Supervisory Board at DXONE for over three years and was Secretary
of the Limassol District Office at the Cyprus Consumers Association for around
four years.
Earlier, Stylianou held leadership roles in retail
brokerage. At Shares, he served as Chief Executive Officer of the EEA branch
for six months and as Director of Regulatory Affairs for one year on a contract
basis. He also worked at London Capital Group as Chief Compliance Officer and
MLRO for just over a year, and at FOREX.com as Chief Compliance Officer for the
Retail OTC Division for nearly a year.
Worldpay, TradingView Partner with Markets.com
In other developments, Markets.com has expanded its platform
and operational capabilities through recent partnerships. Earlier, Worldpay
announced a collaboration to manage the broker’s global payment processing
and fund disbursements.
Markets.com, which offers trading across Forex, shares,
indices, commodities, and cryptocurrencies, serves more than 4.7 million
traders worldwide. The partnership is intended to improve online transactions
by making them faster, simpler, and more secure.
Worldpay, a payments technology provider that processes over
40 billion transactions annually across 146 countries and 135 currencies, will
provide the infrastructure to support Markets.com’s trading operations.
Separately, TradingView
added Markets.com as a broker on its platform, allowing users to access
Markets.com trading features alongside TradingView’s charting tools.
This article was written by Tareq Sikder at www.financemagnates.com.
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