As part of a strategy to expand its sales division in London, Rostro Financials Group, a fintech group focused on capital markets and digital assets, has added Olivia Mottershead to its institutional sales operations.
Prior to landing at Rostro, Olivia served as international relationships manager at LMAX Group, which operates multiple institutional execution venues for electronic foreign exchange and cryptocurrency trading.
Her career encompasses different stints as head of operations at Betta Prime, where she helped set up a non-regulated agency business for spot FX trading. Olivia also spent 15 months as a senior business development at PrimeXM.
The appointment comes shortly after Rostro onboarded Chris Andrews to its institutional desk. Andrews, who is based in London, joins the company with more than three decades worth of experience in futures, forex, equity and CFD sales trading and account management. His most recent position was director of institutional business development at ThinkMarkets.
Andrews also served within the institutional sales and account management at GKFX, a CFD trading, spread betting and foreign exchange broker. In this role, he was responsible for the sales trading and account management side of the business. During his time at the company, he serviced both the broker’s retail and institutional clients.
The new hire plays into a long-term vision for Rostro, which operates multi-regulated brokerage houses that provide execution, and clearing of both listed securities as well as OTC derivatives. In addition, the group offers banking, alternative finance, and digital asset storage with both on and off ramp solutions.
Rostro is led by Michael Ayres, the former chief operating officer at Equiti Capital, formerly known as Divisa Capital. Prior to Equiti, Ayres, who has over 13 years of experience in the forex industry, was the operations director at GKFX.
Rostro Financials has recently completed the acquisition of Belize-based FX and CFDs brokerage Scope Markets. The financial details of the transaction were not disclosed, but Rostro bought the retail broker in an all-cash deal.
Scope Markets, which is domiciled in Belize and regulated by the International Financial Services Commission (IFSC), is controlled by UAE-based entrepreneur Serkan Ismailoglu. The Middle East-focused broker also operates regulated entities in Africa, Cyprus and Mauritius.
Rostro is led by Michael Ayres, the former chief operating officer at Equiti Capital, formerly known as Divisa Capital. Prior to Equiti, Ayres, who has over 14 years of experience in the forex industry, was the operations director at GKFX. He served with the UK-based CFDs broker and spread better for more than five years, starting from November 2013 until he left for Divisa in 2018.
