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James Hughes is a popular foreign exchange market analyst, and the news is that he’s now joined the London office of Australian Retail FX broker AxiTrader. Reports from LeapRate suggest he is to act as Chief Market Analyst for the UK and EU arm of AxiTrader. The company also has analyst Greg McKenna in its home office, based in Sydney.
James Hughes served at GKFX for 2 years, entering the company after a short spell of less than 12 months at eToro. He was Chief Market Strategist over at Alpari UK for 4 years, between 2011 and 2015. Previously, he had begun his career at CMC Markets Plc, where he climbed the corporate ladder over a period of 9 years from Back Office Supervisor to become Chief Market Analyst for the company.
Mr Hughes is not alone in recently making the move from GKFX to AxiTrader. Back in June 2017, Axi hired GKFX employee Paul Kiff, as detailed in a report by LeapRate. Mr Kiff has now become Global Head of Trading for AxiCorp, based outside of London.
According to statements made by senior management from MT4 broker AxiTrader to LeapRate, the company is “delighted” with its capture of James Hughes in the role of Chief Market Strategist. They describe Mr Hughes as a “veteran” in market analysis, and note that he is highly regarded throughout the EU and UK media for his knowledge of the markets and his thought leadership.
They go on to say that they are confident he will “deliver significant value” to the clientele AxiTrader serves. The depth of his market insights, analytical skills and education will make him a significant asset, and the AxiTrader team of global analysts and educators are certain to benefit from this new addition.
On the other hand, spread betting broker GKFX will feel the loss of such a strong analyst from their ranks. The spread betting brokers will be looking to attract someone of a similar calibre to continue their record of success in the financial sector. No names have been reported as yet to be in the running, but as things develop the news of who replaces James Hughes at GKFX is bound to break soon.
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