Business

Range Markets Eyes MENA, Hires Equiti’s VP as product sales management for area

Yaser Zidan is appointed by Equiti as Head of Markets for MENA and Asia.

Yaser Zidan has been appointed as the Head of Markets for Equiti, a Forex and CFDs broker owned by Rostro Financial Group, in the Asia-Pacific (MENA) area. It is anticipated that this action will strengthen Equiti’s position in these areas.

John Murphy, CEO of Equiti, said, “We are excited to have Yaser join the team, as we are confident that his experience in the financial services sector, especially MENA and Asian regions, will prove to be invaluable for our clients.”

An additional remark from Yaser Zidan, the previous Sales Manager of the UAE branch of FXCM Group, read, “Equiti’s reputation as a leading broker offering exceptional services and cutting-edge technology, together with their ambitious expansion plans made this role an exciting prospect for me.”

This appointment comes three months after it was revealed by Finance Magnates that the broker was looking into ways to grow into the larger Asian and MENA markets. The broker has also recently brought on board a number of senior professionals, including Pavel Spirin as CEO and John Murphy as its new Chief Sales Officer. Furthermore, in January 2023, Rostro concluded the purchase of Range Markets, having concluded the agreement in February 2022.

Rostro spokesperson Roger Hambury had previously stated, “The Group has completed several acquisitions to drive its growth in the last year.” Additionally, we are searching for ways to get into the Asian and MENA markets.”

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