Moneta Markets Reveals Prop Trading Plans, Begins Search for General Manager ⋅ Crypto World Echo
Moneta Markets appears to be preparing to enter theproprietary trading space, with a newly posted executive job opening revealingplans for a dedicated prop trading firm. The company is now seeking a GeneralManager to lead operations, signaling the venture is in advanceddevelopment.
In a LinkedIn post, the CEO and Founder at Moneta MarketsDavid Bily announced the search for a “results-driven” leader to oversee thesoon-to-launch firm. The role includes responsibilities such as building outthe team, managing daily operations, driving performance, and scaling thebusiness.
“Based in Dubai or Open to Relocating”
“I’m on the hunt for a results-driven General Manager tospearhead our soon-to-launch prop trading firm. The product is nearly ready,now I just need the right person to scale it into a fierce industry competitor,”he mentioned. The search is targeting someone based in Dubai or open to relocating.
Presence in Dubai
Moneta Markets introduced its services in the UAE last yearthrough a partnership with the Securities and Commodities Authority (SCA)regulated firm, Sterling Financial Services. Speaking to fnancemagnates.com, Bilypraised the region as a global business hub with a robust financial ecosystemand strategic geographic location.
“Dubai is a global business hub with a robust financial ecosystem and strategic geographic location, making it an ideal choice for our expansion. Being in Dubai also positions us to tap into the rapidly growing financial markets in the Middle East and North Africa region.”
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The company also announced the launch of custom products forthe local market, alongside our existing range of over 1,000 FX pairs, indices,commodities, share CFDs, cryptocurrencies, bonds, and ETFs, designed to suittraders of all levels and strategies
Moneta Markets also welcomed Fadi Reyad as the newlyappointed Chief Market Strategist for its Middle East and North Africaoperations. Besides that, the brokerage company introduced the addition of itsMalaysian team, marking a notable move in boosting its presence in theSoutheast Asian markets.
This article was written by Jared Kirui at www.financemagnates.com.
