Ex-EBS Toland to join LMAX
Steve Toland, former head of sales for Europe and North America for Icap's EBS platform, is to join LMAX, a London-based multilateral trading facility and brokerage for foreign exchange and contracts for difference (CFDs).
Aimed at retail clients, LMAX is a subsidiary of sports betting company Betfair, and launched in October 2010 after almost three years of development. It allows customers to trade spot FX contracts and CFDs in indexes and commodities.
Toland will start at LMAX in January 2012
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