Nick Saunders Joins StoneX as Head of Cash Equities

​Fazzaco earlier reported that Nick Saunders, CEO at UK/Bulgarian Retail FX and CFDs broker Trading 212, has left the company after 6 years. Recently, Fazzaco learned that he has joined StoneX Group Inc. (NASDAQ: SNEX) as Head of Cash Equities.

In his new role, Mr Saunders will be based in London, and will be working with a number of colleagues from both those units to head up a new Cash Equities and non-leveraged products business for the group.

Other executives working with Mr. Saunders on the Cash Equities project, which will be based in London, include Alastair (Ali) Hine, Gain’s former COO who is now COO of StoneX’s Retail unit; Olly Stevens, Gain’s longtime Head of Platforms and product director; Giles Watts, Head of Dealing at the City Index side of the business; and Boris Levine, Gain’s Head of IT Development who joined the company in late 2018 from IG where he was Chief Architecture Officer.

Mr Saunders is the latest in a number of hirings in StoneX. Last month, Elyes SAAFI, former Marketing Partnerships Lead of IG Group, has departed to join StoneX as Global Head of Marketing Partnerships. In addition, the group has hired Patryk Sobanski​ as its Compliance Analyst.