Valutrades, a London-headquartered retail brokerage, introduced the departure of its Chief Monetary Officer, Liam Bonfield. He’s stepping down from the position after eight years. Nevertheless, his plans for the longer term aren’t identified but.
In a press release, Bonfield stated: âI’ve completely loved working with some proficient individuals over time. With the latest investments within the new expertise stack, I’ve each confidence sooner or later success of the enterprise, and I want the workforce the perfect for the longer term.â
Departing after 8 Years
Bonfield joined the London workplaces of Valutrades because the CFO in April 2016. Earlier than that, he was the Finance Director at London-based GMO-Z.com, now closed, between October 2013 and April 2016.
He additionally spent greater than six years at London Capital Group, first as a Monetary Accountant after which because the Center Workplace Supervisor. In keeping with his LinkedIn profile, he began his skilled profession in mid-2001 and later labored as an accountant in a number of firms, together with HSB Engineering Insurance coverage and IFPI.
âWe’d not have been capable of have achieved every thing we’ve got accomplished with out him and want him all the most effective on his future endeavours,â the CEO of Valutrades, Graeme Watkins, stated on the departure of Bonfield.
Ongoing Rebranding
The Valutrades model operates with two licenses, one from the UK’s Monetary Conduct Authority and the opposite from the regulator within the Seychelles. The choices beneath each entities are roughly the identical: it provides buying and selling providers with margin foreign exchange and contracts for variations of different asset lessons.
Final October, the present shareholders of the London-based entity injected £823,499 (about US$1 million) into the corporate with a recent share allotment, taking the entire share capital to £8.22 million. The brokerage was presupposed to make the most of the proceeds for rebranding.
In the meantime, the income of the UK entity in 2022 elevated by 45 % to £6.48 million. Though the corporate posted a gross revenue of £3.5 million in comparison with £2.2 million within the earlier yr, its bills additionally elevated considerably, leading to a pre-tax revenue of £552,405.
Valutrades, a London-headquartered retail brokerage, introduced the departure of its Chief Monetary Officer, Liam Bonfield. He’s stepping down from the position after eight years. Nevertheless, his plans for the longer term aren’t identified but.
In a press release, Bonfield stated: âI’ve completely loved working with some proficient individuals over time. With the latest investments within the new expertise stack, I’ve each confidence sooner or later success of the enterprise, and I want the workforce the perfect for the longer term.â
Departing after 8 Years
Bonfield joined the London workplaces of Valutrades because the CFO in April 2016. Earlier than that, he was the Finance Director at London-based GMO-Z.com, now closed, between October 2013 and April 2016.
He additionally spent greater than six years at London Capital Group, first as a Monetary Accountant after which because the Center Workplace Supervisor. In keeping with his LinkedIn profile, he began his skilled profession in mid-2001 and later labored as an accountant in a number of firms, together with HSB Engineering Insurance coverage and IFPI.
âWe’d not have been capable of have achieved every thing we’ve got accomplished with out him and want him all the most effective on his future endeavours,â the CEO of Valutrades, Graeme Watkins, stated on the departure of Bonfield.
Ongoing Rebranding
The Valutrades model operates with two licenses, one from the UK’s Monetary Conduct Authority and the opposite from the regulator within the Seychelles. The choices beneath each entities are roughly the identical: it provides buying and selling providers with margin foreign exchange and contracts for variations of different asset lessons.
Final October, the present shareholders of the London-based entity injected £823,499 (about US$1 million) into the corporate with a recent share allotment, taking the entire share capital to £8.22 million. The brokerage was presupposed to make the most of the proceeds for rebranding.
In the meantime, the income of the UK entity in 2022 elevated by 45 % to £6.48 million. Though the corporate posted a gross revenue of £3.5 million in comparison with £2.2 million within the earlier yr, its bills additionally elevated considerably, leading to a pre-tax revenue of £552,405.
