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Alpari UK Names David Hodge its New Chief Exec

Alpari UK, the British subsidiary of the global Forex and CFD broker Alpari, has just announced the appointment of David Hodge, its chief operating officer, as its new chief executive officer.

 
Hodge will succeed Daniel Skowronski who had been at the helm of the company over the past three years before resigning this week. Commenting on his appointment, Hodge expressed his satisfaction and pride with the promotion and pledged to focus Alpari's business on its core business of retail Forex. 
 
Hodge has substantial experience in the Forex field and retail FX trading in particular, as before joining Alpari UK in October 2011, he served as a group marketing director in IG Group, a major Forex and CFD broker.
 
The senior management move comes amid a large-scale restructuring at Alpari – the management announced that it had a new business plan in September, with the biggest changes affecting Alpari US. At the end of September, the US broker transferred all of its retail customer accounts to FXCM and FXDD, with the company looking to operate in the field of institutional Forex solely. Apparently, the UK business of Alpari will be looking at the retail Forex – that is, the global brand is diversifying its portfolio. 
 
The place of binary options trading in the entire scheme is yet unclear – with the Russian and British subsidiaries announcing the launch of binary options trading platforms in September. The software – from MarketsPulse and SpotOption, is in place, but we still have no information about the take-up of these services and demand from clients.
 

About Alpari

 
Founded in 1998, the international Alpari brand is one of the leading names in online Forex trading and was recently listed as the world's third largest broker in a 2012 report from online financial portal Forex Magnates, with an average monthly trading volume of more than 200 billion US dollars.
 
Alpari has earned the trust of hundreds of thousands of clients in more than 150 countries across the world, thanks in large part to its reputation for delivering high-quality products and top-notch customer support. The Alpari brand is represented in many of the world's leading centers of commerce, with offices in New York, London, Tokyo, Dubai, Frankfurt and Moscow.
TAGS: alpari  alpari uk  alpari uk forex broker  alpari uk ceo  david hodge  david hidge alpari  chief executive  forex management  daniel skowronski  retail forex  corporate strategy  corporate structure 

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