FNG has learned that FX industry veteran Marios Antoniou has been hired as CEO of institutional FX/CFD liquidity provider startup LP Prime. LP Prime was recently released by former oneZero and PrimeXM executive Louay Amhaz, as reported exclusively here on FNG back in March. (We also did an interview with Louay Amhaz about his plans for LP Prime).
Marios Antoniou joined Cypriot Retail FX and CFDs broker M4Markets as COO early last year. He was previously part of a group that attempted to launch a new offshore FX brand called Invaxa, where Marios acted as CEO. He was previously the CEO of CySEC-licensed broker EverFX, which was later renamed Axiance. Marios has also worked in senior dealing desk roles at TopFX and IronFX.
LP Prime will be officially domiciled in South Africa, with the operating company Logan Capital (Pty) Ltd acting as an authorized financial services provider regulated by the Financial Services Authority (FSCA) of South Africa (license no. 52610). LP Prime plans to offer customized liquidity and leading brokerage solutions for brokers across a wide range of asset classes. It will also offer white label broker solutions.