Spreadex, a brokerage company, has announced the hiring of Tobin Utley, formerly of OvalX, in order to expand its institutional client base.
According to the FNG website, Tobin Utley came to Spreadex from OvalX, where he was the Institutional Relations Manager. Previously, he has worked for City Index, Saxo Bank UK, Worldspreads, IG Group, and MF Global.
Following the disclosure of massive losses last year, OvalX announced its closure and sale of its client base to Capital.com.
Despite its origins as a sports betting broker, Spreadex now provides its clients with over 3,500 trading instruments, including over 3,000 stock CFDs.
