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FNG Exclusive… FNG has learned that Nick Jay has left his position as Chief Business Development Officer at Cyprus based Retail FX and CFDs broker M4Markets.

Nick Jay was one of a handful of experienced FX industry executives who joined together to help launch M4Markets in 2020. Prior to M4Markets Nick worked for five years at HotForex as Head of Partnerships. He had also previously served as Global Sales Manager at IronFX, and as Retention Manager at FXGM.

M4Markets began life in 2020 as an offshore (Seychelles) FX/CFDs brand, but late last year acquired CySEC licensed company ICC Intercertus Capital Ltd (and its CIF license), which it has since renamed Harindale Ltd. ICC used to operate the Axiance brand, and before that EverFX. M4Markets was established by Deepak Jassal, formerly an investment banker with HSBC, KPMG and UBS, and by Theofanis Nakos, a fixed income sales specialist.


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