Belize-based FX and CFDs brokerage Scope Markets has promoted Pavel Spirin to take on an expanded role as the company’s chief executive officer. He replaces the outgoing CEO Jacob Plattner, who has also been a major shareholder since he resigned his position as managing director at GKFX.
Daniel stepped into his new role with immediate effect, nearly three years after he joined the firm in a senior role as its chief growth officer, according to information made public on his LinkedIn profile.
In his previous role, Spirin was responsible for Scope Markets’ growth strategy, building and maintaining relationships with key partners within the wider brokerage business that are essential to the company’s business. As the company’s CEO, he will help solidify Scope Markets operations in many regions as well, bringing nearly two decades of expertise in the financial services industry to the role.
Spirin started his own career in the finance space in 2013 when he assumed his first role in the FX arena as global head of acquisition at Alpari (UK) Ltd. There he spent nearly a year and a half heading up customer acquisition, web analaytics and CRO activities and projects across 75+ countries.
Spirin also served in an analogous role with the UK online broker CMC Markets. A three-year tenure at Skilling took his career between 2018 and 2021, having worked most recently as its chief commercial officer.
Earlier this month, Rostro Financials Group, a fintech group focused on capital markets and digital assets, has completed the acquisition of Scope Markets.
The financial details of the transaction were not disclosed, but Rostro has bought the retail broker in an all-cash deal. Scope Markets , which is domiciled in Belize and regulated by the International Financial Services Commission (IFSC), was controlled by UAE-based entrepreneur Serkan Ismailoglu. The Middle East-focused broker also operates regulated entities in Africa, Cyprus and Mauritius.
The deal also plays into a long-term vision for Rostro, which operates multi-regulated brokerage houses that provide execution, and clearing of both listed securities as well as OTC derivatives. In addition, the group offers banking, alternative finance, and digital asset storage with both on and off ramp solutions.