Exinity Appoints New Senior Vice President For Business Development

Exinity has appointed Andrew Speakman as its Business Development’s Senior Vice President. He has experience in financial services and has worked with Hantec Markets for about 13 years. Andrew shared this news on LinkedIn and said he would assist the company’s Business Development sector leader.

Andrew Speakman Has Left His Role At Hantec Markets To Join Exinity

Andrew Speakman handled many roles in Hantec Markets. The latest was a Sales Director, which he became in October 2017 till June 2024. He concentrated on finding growth opportunities, planning expansion strategies, and managing worldwide sales, especially in new markets.

While at Hantec Markets, Andrew was responsible for discovering promising market chances, assessing the feasibility of new ideas, and presenting these ideas to the Chief Commercial Officer. He supervised the entire sales process, from planning how products would be sold to carrying out those plans.

Before taking on all those responsibilities, Speakman worked as the Institutional FX Sales Manager (June 2013 – September 2017). His job involved managing relationships with institutional clients, finding new clients, and overseeing the Currenex platform.

He started as a Client Liaison Officer (October 2011 to June 2013), managing relationships with retail clients, communicating with clients, and analyzing technical and fundamental aspects.

In his educational background, Speakman schooled at the University of Manchester, obtaining a Bachelor of Arts in Economics and graduating with a 2:1 in 2010. He also studied at Winstanley College, achieving A levels in Economics, Business Studies, and ICT.

Exinity UK Reported Revenue Growth Of Over £2.07 Million In 2023

Exinity UK said its revenue grew more than £2.07 million in 2023. According to its Companies House filing, this result shows a 23 percent rise from the previous year. However, despite the increase in revenue, the profit decreased from £319,251 to £213,462 in the previous year.

Andrey Dashin controls the company and has received the Financial Conduct Authority license. Exinity revealed that it did not have to pay any tax, so the revenue before and after taxes were profits.

It got fewer profits this year because it did not venture into investment disposals, an option that gave it more than £258 thousand two years ago.

The firm’s operating costs increased to more than £1.8 million from £1.6 million. Exinity UK had higher interest costs, which were £8,699 in 2023, compared to £3,933 the previous year. It lets its clients trade currency pairs, commodities, indices with leverage, and CFDs on stocks. It also allows trading in actual shares of worldwide companies.

By providing various trading styles, users can trade without swaps and use tools to manage risks. The company’s operations are overseen by regulatory bodies in the United Arab Emirates and the Republic of Mauritius.