Rostro Financials Hires Institutional Sales Veteran Chris Andrews

As part of a strategy to expand its trading division in London, Rostro Financials Group, a fintech group focused on capital markets and digital assets, has added Chris Andrews to its institutional sales operations.

Chris brings his vast knowledge of forex and financial markets to the business. During his career, he worked in banks and brokers.

Andrews, who will be based in London, joins the firm with over three decades of experience in futures, forex, stocks and CFDs trading and account management. His most recent position was Director of Institutional Business Development at ThinkMarkets.

Andrews has also worked in institutional sales and account management at GKFX, a CFD trading, spread betting and foreign exchange brokerage. In this role, Andrews was responsible for the business side and account management of the business. During his time with the firm, he served both the broker’s retail and institutional clients.

Prior to joining GKFX, Andrews held senior roles at a myriad of financial institutions such as Saxo Capital Markets UK, where he worked in derivatives trading, MF Global, Fyshe Global and Cantor Index.

The new hire is part of a long-term vision for Rostro, which operates multi-regulated brokerages that provide execution and clearing of listed securities as well as OTC derivatives. In addition, the group offers banking, alternative finance and digital asset storage services with on- and off-ramp solutions.

Rostro is led by Michael Ayres, the former chief operating officer of Equiti Capital, formerly known as Divisa Capital. Prior to Equiti, Ayres, who has over 13 years of experience in the forex industry, was COO at GKFX.

Rostro Financials had recently acquired Scope Markets, a Belize-based FX and CFD brokerage firm. Financial details of the deal were not disclosed, but Rostro bought the retail brokerage in an all-cash deal.

Scope Markets, domiciled in Belize and regulated by the International Financial Services Commission (IFSC), is controlled by UAE-based entrepreneur Serkan Ismailoglu. The Middle East-focused broker also operates regulated entities in Africa, Cyprus and Mauritius.

Scope Markets recently announced a multi-year extension to its partnership with iconic East London football club West Ham United. The extended agreement expands Scope Markets’ product range in the UK and globally as the football club’s official online business partner.

Sallie R. Loera