IG Promotes Ilya Spivak as DailyFX’s Greater Asia Head

Fazzaco learned that IG Group, a leading CFD and forex trading provider, has promoted its long-time employee Ilya Spivak as DailyFX's Greater Asia Head. 

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In September 2016, IG Group acquired DailyFX, a foreign exchange trading news and research portal, from FXCM for $40 million. Spivak became a part of IG after the acquisition deal was sealed that the new owner took in all 34 employees on DailyFX's payroll at the time.

Spivak is a seasoned expert in the forex trading industry with over a decade of experience. He joined IG in November 2016 as a Senior Strategist, responsible for leading APAC-facing global macro research and strategy team focused on G10 and EM FX, metals and energy. Prior to his latest promotion, he was the Head of Strategist of APAC in the company.

Earlier to IG, Spivak has spent 11 years at FXCM, where he joined in 2005 as FX sales, covering full range of margin FX products for individuals, money managers and funds, small banks and brokerages, and corporates. Three years later, he was promoted as a Currency Strategist at FXCM.

Spivak received a Bachelor’s degree in Economics and International Relations from the University of California. He has become a well-known face in the forex industry with his regular appearances and contributions to big media platforms.

This month, Fazzaco reported that IG has named Susan Skerritt as a Non-Executive Director of the company, and has expanded its offering by adding new ETFs that provide exposure to space and travel industries.