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Prosper planet pulse
Home»Markets»XTX Markets Adds Ex-Barclays CEO to Board of Directors
Markets

XTX Markets Adds Ex-Barclays CEO to Board of Directors

prosperplanetpulse.comBy prosperplanetpulse.comJune 27, 2024No Comments4 Mins Read0 Views
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XTX Markets Limited has officially announced that Timothy James Osborne Throsby has been appointed as a Director of the Company. Mr. Throsby has extensive experience across a range of sectors, including finance and education.

Mr. Throsby currently serves as Managing Partner, President and CRO of Phoenix Merchant Partners, a position he has held since February 2023. Founded in 2022, Phoenix Merchant Partners specializes in providing comprehensive financing solutions to middle-market businesses with an emphasis on private credit expertise and customized financial strategies.

In addition to his role at Phoenix Merchant Partners, Throsby has served as a non-executive director of Zen Educate since August 2022 and Light & Wonder since October 2020.

He has also served as Chairman of the Board and an Independent Director of Silver Creek Pharmaceuticals since January 2021 and as an Independent Director of Lumos Global since November 2019.

Mr Throsby’s previous tenure at Barclays included serving as CEO of Barclays Bank and Barclays International, where he oversaw various divisions including corporate and investment banking, and he also held senior roles at JP Morgan as global head of operations. stock Managing Director.

Additionally, Mr Throsby contributes in governance roles, serving as Vice Chair of the Board of Directors for the Human Dignity Trust and as a Trustee of ARK Oval Primary School.

XTX Markets Sees 92% Revenue Growth Amid Pandemic Uncertainty

As reported by Finance Magnates, XTX Markets Limited previously recorded a significant increase in revenue to £651.9 million compared to £339.8 million in 2019. The 92% increase was driven by increased demand for trading amid volatile market conditions caused by the COVID-19 lockdown.

XTX Markets Ltd. was restructured by transferring ownership of UK employee contracts and intellectual property to XTX Markets Technologies Limited, which itself has revenues of £400 million. These two entities achieved a combined business volume of $1 billion in 2020.

XTX Markets Limited has officially announced that Timothy James Osborne Throsby has been appointed as a Director of the Company. Mr. Throsby has extensive experience across a range of sectors, including finance and education.

Mr. Throsby currently serves as Managing Partner, President and CRO of Phoenix Merchant Partners, a position he has held since February 2023. Founded in 2022, Phoenix Merchant Partners specializes in providing comprehensive financing solutions to middle-market businesses with an emphasis on private credit expertise and customized financial strategies.

In addition to his role at Phoenix Merchant Partners, Throsby has served as a non-executive director of Zen Educate since August 2022 and Light & Wonder since October 2020.

He has also served as Chairman of the Board and an Independent Director of Silver Creek Pharmaceuticals since January 2021 and as an Independent Director of Lumos Global since November 2019.

Mr Throsby’s previous tenure at Barclays included serving as CEO of Barclays Bank and Barclays International, where he oversaw various divisions including corporate and investment banking, and he also held senior roles at JP Morgan as global head of operations. stock Managing Director.

Additionally, Mr Throsby contributes in governance roles, serving as Vice Chair of the Board of Directors for the Human Dignity Trust and as a Trustee of ARK Oval Primary School.

XTX Markets Sees 92% Revenue Growth Amid Pandemic Uncertainty

As reported by Finance Magnates, XTX Markets Limited previously recorded a significant increase in revenue to £651.9 million compared to £339.8 million in 2019. The 92% increase was driven by increased demand for trading amid volatile market conditions caused by the COVID-19 lockdown.

XTX Markets Ltd. was restructured by transferring ownership of UK employee contracts and intellectual property to XTX Markets Technologies Limited, which itself has revenues of £400 million. These two entities achieved a combined business volume of $1 billion in 2020.



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