Spotex Names Paul Ainsworth As Managing Director

Spotex, a developer of foreign exchange (forex) technology solutions, has announced the appointment of Paul Ainsworth as a managing director for global institutional sales. The latest addition to the company comes with the launch of new, institutional liquidity streams, partnerships, and innovations to its FX ECN.

Paul Ainsworth joins Spotex from Euronext FX, where he served as Global Head of Sales for more than 4 years. Before this role, UBS Investment Bank procured him as Executive Director from 2010. Barclays Capital utilised his services as Director from 2005 to 2010.

Commenting on the new appointment, John Miesner, CEO at Spotex, said:"We are thrilled to have Paul join Spotex at this pivotal moment in our evolution. Paul's deep client relationships and market knowledge will enable us to develop new solutions with a wider set of institutional market participants."

"I am excited to join Spotex because it is bringing exciting innovations to the institutional FX market and has tremendous growth potential. I look forward to working with a team that has deep experience in bringing technology and liquidity solutions to market," added Ainsworth.