Digital
asset trading platform GCEX has hired Kevin Gillespie, a 35-year industry
veteran, to spearhead sales and business development across the UK and EMEA
regions.
Gillespie
joins the regulated digital prime broker from Laser Digital, the Nomura Group
subsidiary, where he focused on digital asset and FX sales to institutional
clients. The appointment comes as GCEX looks to capitalize on growing demand
for institutional crypto services.
GCEX Hires Veteran FX
Trader for EMEA Expansion
The newly
created role sees Gillespie reporting directly to GCEX CEO and founder Lars
Holst. The company claims his mandate involves driving growth for the new
employer’s FX, CFD and cryptocurrency offerings among brokers, hedge funds,
asset managers and professional traders.
“I
have known Kevin for many years and am thrilled that he has chosen to join our
team,” Holst said. “He has a wealth of experience in the FX, CFD and
crypto industries, a strong network of institutional clients, and an in-depth
understanding of their requirements.”
The move
comes two months after
GCEX hired Stanislav Bunimovich as managing director, the former chief
operating officer at Finalto, a company co-founded by Holst. While Gillespie
will be responsible for developing the offering in EMEA, Bunimovich is focusing
on the APAC market.
Three Decades of FX
Experience
Gillespie’s
career spans more than three decades, starting as an FX trader before
transitioning to sales and business development two decades ago. His resume
includes senior institutional sales positions at firms like Menai Markets,
Spotex, CobaltFX, Hotspot and IFX Markets.
At IFX
Markets, he developed the electronic institutional FX business into $2 million
monthly revenue. His trading background includes proprietary FX positions at
Banca di Roma, Bank of Yokohama and Toronto Dominion Bank, where he traded
major currency pairs including USD/CHF.
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GCEX
competes in the institutional digital asset space alongside established players
and newer entrants seeking to bridge traditional finance with cryptocurrency
markets. The
firm’s XplorDigital technology offerings include “Crypto in a
Box” and “Broker in a Box” solutions designed to address
regulatory requirements while providing custody, staking, liquidity and risk
management capabilities.
Gillespie
highlighted the firm’s infrastructure as a key factor in his decision to join.
“I am really impressed by the strength of GCEX’s offering, its robust
infrastructure, the fact that it is regulated in three jurisdictions, and the
breadth of its institutional client base,” he said. “I am looking
forward to playing a key role in driving further growth by sourcing new revenue
opportunities and attracting new clients in the UK and EMEA.”
The role
creation for Gillespie suggests GCEX sees significant expansion potential in
the UK and EMEA regions, where regulatory clarity around digital assets
continues to evolve.
This article was written by Damian Chmiel at www.financemagnates.com.
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