Sharechat Logo

Former CMC boss joins Velocity

Thursday 28th October 2010

Text too small?

The former head of CFD provider CMC Markets New Zealand has joined Velocity Trade.

Velocity, formerly Latitude FX, has appointed Sargon Elias as  its general manager for its new New Zealand operations.

Elias's new role will focus on building the platform for Velocity Trade's expansion into the Asia Pacific region after the Canadian-based company acquired Latitude in July.

Velocity Trade director Greg Morgan is pleased to be able to appoint someone with the considerable local experience of Elias.

"Sargon has a proven background in financial markets here in New Zealand."

"His experience fits well with the expansion plans we have for the business in New Zealand, Australia and the wider Asia Pacific region. In Latitude FX we have acquired a company with a great heritage and which has provided an outstanding foreign exchange product for both businesses and individuals."

  General Finance Advertising    

Comments from our readers

No comments yet

Add your comment:
Your name:
Your email:
Not displayed to the public
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Related News:

Telecom will offer CEO and senior managers performance equity grants to boost profits
Former Fonterra executive Alison Andrew appointed to head Transpower
MRP director Miller, CFO Meek go trawling for cheap shares
Rob Fyfe to leave Trilogy board, seeks new senior role in NZ
David Ross appears at District Court hearing, remanded until Aug.29
Crown drops charge against ex-SCF finance chief Graeme Brown
Postie Plus appoints No 1 Shoes executive Binns as new CEO
Pumpkin Patch CEO Neil Cowie resigns to take job with rival retailer
George Alexander Louis
Time to Move Before You Get Caught in the Meridian Watershed