INX Limited has poached Bob Ejodame, who spent his 15-year career working in the FX industry, as the crypto exchange is flexing its muscles across the mainstream finance space. He has already stepped into his new role as Head of Operations earlier in December.<\/p>\n
Bob will be tasked with steering INX\u2019s\u00a0product functions, which include listing and trading of both regulated security tokens and cryptocurrencies, for institutional and retail investors.<\/p>\n
He is joining the crypto exchange coming from broker-neutral technology firm FlexTrade, where he worked as head of production support for nearly two years. There he had hands-on experience on a product suite that offers access to market data providers and order management systems. FlexTrade\u2019s OMS solution can also be tailored for global access to broker algorithms, as well as the ability to build proprietary algorithms.<\/p>\n Prior to that, Ejodame was VP of operations and transformation at TradAir, a provider of cloud-based trading technology solutions. In this capacity, he led TradAir\u2019s support teams on a global basis based in the company\u2019s London offices.<\/p>\n Mr. Ejodame brings extensive experience in leading client-facing teams, setting up new processes, and supporting FX trading platforms. He held similar roles at other\u00a0established venues including Head of Global FX Support at\u00a0EBS, the FX platform owned by ICAP.<\/p>\n The new appointment comes at a time when INX Limited is trying to strengthen its position and regulated activities to win a share of the US crypto market. The Gibraltar-based firm has filed with the Securities and Exchange Commission (SEC) to raise nearly $130 million through an initial public offering (IPO).<\/p>\n In addition, INX Limited also considers plans to launch a crypto derivatives platform for trading futures, options, and swaps. This, however, is subject to the SEC\u2019s approval, and it also needs first to secure a broker-dealer license.<\/p>\n As the firm ups its profile, Ejodame\u2019s appointment makes sense as he brings a wealth of experience and strategic insight, especially relating to traditional asset classes and trading, and also access to global liquidity providers, corporate leaders, and business associates.<\/p>\n