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Bank of England’s FX Dealer Chris Mills Departs after 18 Years

Chris Mills, a forex and money markets
dealer at the Bank of England (BoE), has departed the UK central bank after 18 years
of service.

Mills, who joined the apex bank in 2004 as
a customer relations and accounts management personnel, announced his exit on
Friday.

He disclosed that he will be joining executing broker JB Drax Honoré to pursue his interest in the emerging cryptocurrency industry.

“After 2 years of education on crypto, I
want to be part of the fascinating world of digital assets. I’m excited to
start my new challenge on Monday, building the Digital Assets Execution Desk at
JB Drax,” he wrote on LinkedIn

In the past eight years, Mills has been
helping to manage forex risks on the balance sheets of the Bank of England and the UK Treasury.

Among other duties, he also handled daily trading of forex spot, forex swaps, forex forwards, repurchase agreements and time
deposits.

Executive Moves

Across the financial landscape, a number
of role changes happened this week.

Oval Money on Friday announced the appointment of Luca
Merolla
as Chief Executive Officer to head its
fintech brand Oval and forex and contract for difference (CFD) brokerage
subsidiary, OvalX.

Merolla replaces Philip Adler who stepped
down from the CEO position but remains in the company as the Chief Business
Development Officer.

At the beginning of the week, Finance
Magnates
reported exclusively that
Filippo De Rosa joined HonorFX, a retail forex and CFD platform, as its CEO.

“The priority is to build meaningful
relationships with our clients, be it retail, professional or institutional
traders. By understanding the requirements of our partners we can deliver an
exceptional trading experience,” De Rosa told Finance Magnates on his
appointment.

De Rosa, who joined the broker earlier
this year, has almost 20 years of industry experience from working with several
brokerage brands.

Chris Mills, a forex and money markets
dealer at the Bank of England (BoE), has departed the UK central bank after 18 years
of service.

Mills, who joined the apex bank in 2004 as
a customer relations and accounts management personnel, announced his exit on
Friday.

He disclosed that he will be joining executing broker JB Drax Honoré to pursue his interest in the emerging cryptocurrency industry.

“After 2 years of education on crypto, I
want to be part of the fascinating world of digital assets. I’m excited to
start my new challenge on Monday, building the Digital Assets Execution Desk at
JB Drax,” he wrote on LinkedIn

In the past eight years, Mills has been
helping to manage forex risks on the balance sheets of the Bank of England and the UK Treasury.

Among other duties, he also handled daily trading of forex spot, forex swaps, forex forwards, repurchase agreements and time
deposits.

Executive Moves

Across the financial landscape, a number
of role changes happened this week.

Oval Money on Friday announced the appointment of Luca
Merolla
as Chief Executive Officer to head its
fintech brand Oval and forex and contract for difference (CFD) brokerage
subsidiary, OvalX.

Merolla replaces Philip Adler who stepped
down from the CEO position but remains in the company as the Chief Business
Development Officer.

At the beginning of the week, Finance
Magnates
reported exclusively that
Filippo De Rosa joined HonorFX, a retail forex and CFD platform, as its CEO.

“The priority is to build meaningful
relationships with our clients, be it retail, professional or institutional
traders. By understanding the requirements of our partners we can deliver an
exceptional trading experience,” De Rosa told Finance Magnates on his
appointment.

De Rosa, who joined the broker earlier
this year, has almost 20 years of industry experience from working with several
brokerage brands.


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