IG Prime, the institutional arm of the IG Group, has strengthened its team by appointing Andrew Wood as Institutional Sales Manager。According to his LinkedIn profile, he has joined the company to work in IG Prime's Sydney office.。

Like most other large broker brands, IG offers institutional services under the IG Prime brand, including technology, platforms, products and exchanges, with operations in 19 countries on five continents.。

IG Prime hires industry experts

Wood brings more than two decades of experience to IG Prime, much of it from the trading industry.。He began his career as a treasury trader at First Bank in 2002 and moved to Deutsche Bank's UK office a few years later for a position as an Autobahn FX trading support.。

Prior to joining IG Prime, he spent seven years in the Sydney office of CMC Markets as head of institutional sales in Asia Pacific。During this time, he developed institutional businesses for API, White Label, Consulting Brokers and Funds in Asia Pacific。He also spent seven years at Saxo Capital Markets Australia, first as head of institutional sales and then as a member of the Australian Institutional Business Unit.。

During his stints at Saxo and CMC Markets, he was Senior Client Relations Manager at Rushton Financial Services in Sydney for seven years。

Changes at the top of the IG

IG is one of the largest Forex and Contracts for Difference (CFD) broker brands。While best known for retail services, the group first launched Gold Services in 2006 and launched the IG Prime brand in 2020.。

Meanwhile, IG Group recently announced that Breon Corcoran will take over as CEO, permanently replacing June Felix.。Corcoran, a former executive in the online betting industry, oversaw the merger of Paddy Power and Betfair in 2016.。