Commerce Nation Elevates Richard Nathan to Bahamas CEO

# Commerce Nation Taps Richard Nathan as New Bahamas CEO in Strategic Expansion Move In recent days, Commerce Nation has remarkably elevated its leadership structure in the Caribbean, appointing Richard Nathan to the pivotal position of Chief Executive Officer for its Bahamas operations. The foreign exchange and Contracts for Difference (CFDs) brokerage has positioned an exceptionally experienced professional at the helm, drawing upon Nathan’s impressive tenure as Head of Customer Success—a role he has occupied since April 2019, building relationships and navigating the complex landscapes of financial services with notable precision. Nathan, sharing his professional milestone on LinkedIn with characteristic enthusiasm, revealed he has “moved out to Nassau in the Bahamas to take up the role, ” embarking on what promises to be a transformative chapter for both himself and the organization. For Commerce Nation, this strategic appointment represents more than just filling a leadership position—it’s akin to planting a flag in fertile ground, signaling intentions to cultivate their presence in this island jurisdiction that stands alongside the Cayman Islands, Vanuatu, Seychelles, and Mauritius as preferred offshore regulatory havens for forex brokers seeking favorable operational environments. Over the past decade, Nathan has carved an impressively diverse career path through the financial sector, accumulating highly valuable expertise that makes him particularly well-suited for this challenge. His professional journey resembles a masterclass in financial services evolution, spanning three significant firms including Acetop, Hartmann Capital, and ETX Capital (the latter recently closing shop after transferring its client base to competitor Capital. Com and rebranding as OvalX in March)—each chapter building toward this culminating leadership role. By collaborating with Acetop Financial before joining Commerce Nation, Nathan had already demonstrated his capabilities as Head of Business Strategy, helping steer the spread betting, CFDs, and foreign exchange provider through competitive markets. His LinkedIn profile highlights an especially noteworthy achievement—his instrumental role in establishing Acetop from the ground up, showcasing his ability to not just manage businesses but to build them with vision and structural integrity. The newly appointed CEO’s entrepreneurial spirit was previously displayed during his tenure at Hartmann Capital, where he significantly contributed to developing the company’s commodities, foreign exchange, and options derivatives execution services. Particularly impressive was his role as Head of High Net Worth Trading from July 2012 to July 2014, where he “managed all aspects of a successful new high touch voice and digital broking business, supported by full client service catering to high net worth (HNW) and institutional flows”—essentially creating a financial concierge service for the economic elite while balancing technological innovation with personalized service. For medium-sized brokerages like Commerce Nation, leadership appointments of this caliber often signal ambitious growth strategies in offshore jurisdictions where regulatory frameworks offer both challenges and opportunities. Nathan brings not just his technical expertise to the table, but a decade-plus of relationship building and strategic thinking that could potentially transform Commerce Nation’s Bahamian presence from mere outpost to regional powerhouse—though the road ahead will require navigating the increasingly complex world of international financial regulations with both precision and creativity.