GAIN Capital has revamped its leadership personnel for its institutional FX spot platform, GTX, with a trio of hires, appointing Paul Spillman, Peter Snasdell, and Keith Mash as Directors of FX sales.
With FX institutional trading volumes in a state of flux at GAIN Capital following the recent July metrics report earlier this month, the US-based broker has decided to bolster its division to help stimulate institutional FX sales. Paul Spillman, Peter Snasdell and Keith Mash will all be serving as Directors of FX Sales, reporting to Vincent Sangiovanni, Chief Operating Officer at Gain Capital GTX.
According to Mr. Sangiovanni in a recent statement on the appointment,”Following the strong growth and success of GAIN’s GTX’s agency desk in New York over the last two years, our goal is to replicate the same success in London to better serve our UK and European customers.”
Mr. Spillman and Mr. Mash are both recently added GAIN executives, having served as Senior Vice Presidents in FX Sales at Marex Spectron and previously at Newedge. Conversely, Mr. Snasdell also has ties to Newedge for a two year period of time between 2008-2010 – he also has extensive experience in FX sales during his aforementioned position and also at BNP Paribas.