Damian Reed Joins Global Market Index as Business Development Executive

Damian Reed has recently secured a new position as Business Development Executive at Global Market Index Limited (GMI UK), after serving as the Senior Sales Account Manager at London Capital Group for over eight years.

Reed's career at London Capital Group, a prominent player in the online trading sector, began in 2016 when he joined as a Sales Account Manager. During his tenure, he gained extensive experience in managing client relationships and developing sales strategies within a multi-asset trading platform that offers forex, CFDs, shares, and commodities trading. GMI UK, based in London, focuses on B2B services for financial companies and professional traders, positioning Reed to leverage his expertise in his new role.

Meanwhile, significant changes are unfolding at London Capital Group as the liquidators of the bankrupt FlowBank announce plans to sell the entire shareholding of LCG UK, according to an earlier report by Fazzaco​. "We are currently seeking a potential purchaser who would be interested in acquiring all the shares in LCG," noted the liquidators from Walder Wyss Ltd, who also plan to discontinue operations at LCG's Bahamian entity.