Zenfinex Appoints ATFX UK’s Steve Whittet as Business Director

Zenfinex Appoints ATFX UK’s Steve Whittet as Business Director

by Jeremy

Steve Whittet, who not too long ago served because the Gross sales Managing
Director at ATFX Join UK, is heading to the web buying and selling agency Zenfinex because the Business Director
(Head of Institutional Gross sales). Whittet has been with ATFX UK for greater than
three years.

The veteran has additionally labored for notable manufacturers like
ThinkMarkets, ADS Securities London, and GKFX. At ThinkMarkets, he was the
Senior Director of Institutional Enterprise Growth. At ADS Securities and
GKFX, he served because the Head of Institutional Gross sales and World Head of
Institutional Gross sales, respectively.

Expertise from Notable Manufacturers

Whittet additionally brings expertise from GAIN Capital, the place he
held a Enterprise Growth position, and The Kyte Group, the place he served because the
Head of FX. “I’m completely happy to share that I’m beginning a brand new place as
Business Director (Head of Institutional Gross sales) at Zenfinex,” Whittet’s
LinkedIn put up at the moment (Monday) reads.

In June, Zenfinex, also referred to as Taurex, revealed its monetary outcomes for the fiscal yr ending December 2023, highlighting a
optimistic pattern within the agency’s efficiency. The agency’s income elevated to
£848,306, whereas direct prices amounted to £196,627.

Gross revenue was £651,679, considerably increased than the earlier yr’s. Nevertheless, administrative bills jumped to £2.94 million. In line with the monetary report, Zenfinex incurred an working lack of £2.29 million, a rise in comparison with the earlier yr.

Earlier Developments

Zenfinex was renamed Taurex final yr, a transfer the corporate termed a part of a plan to supply merchants higher buying and selling instruments and proprietary
know-how. Previous to rebranding, the agency had been boosting its model by partaking
with the worldwide buying and selling neighborhood.

Commenting in regards to the initiative, Nick Cooke, the Founder and
CEO of Taurex, mentioned: “The Taurex model embodies our legacy of buying and selling
experience whereas signaling our dedication to deliver sturdy buying and selling options to
our shoppers. In an period the place know-how and buying and selling have gotten more and more
intertwined, our goal is to proceed to middle folks.”

This text was written by Jared Kirui at www.financemagnates.com.

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