FNG Exclusive… FNG has learned that London based Rostro Financial Group has hired Andrew Richards, as the company’s new Head of Prime Brokerage.
Andrew Richards joins Rostro from BCS Global Markets, the investment banking division of BCS Financial Group, where he worked for the past three years as Head of Prime Brokerage Sales, covering mainly Hedge Funds, Asset Managers, and Family Offices.
Prior to joining BCS in 2019 Mr. Richards worked at ING, BofA Merrill Lynch, and UBS in a variety of institutional account management and prime brokerage sales roles.
Rostro Financial was founded in 2020 by former ACM/TradeTech (now Finalto) executive Roger Hambury, with ambitions to acquire and grow out companies in the Retail FX, CFDs, and crypto trading sector. The company announced its first acquisition earlier this year, buying CySEC-licensed Scope Markets, and has since added a number of (mainly) FX industry executives including John Williams (ex Equiti Capital) as CIO, former Equiti Capital COO Michael Ayres as CEO, Equiti and GKFX alum Mitesh Vaghela as CPO. The company also hired OANDA Head of Retail Sales John Murphy as Global Head of Retail Operations, and another ACM/TradeTech alum, former COO Des Grech, as Global Head of International Business.