LeapRate Exclusive… LeapRate has learned that Saxo Capital Markets UK Ltd has seen the resignation of the company’s Head of Legal and Compliance, Andrew Stylianou.
Saxo Capital Markets UK is the London-based FCA regulated subsidiary of Copenhagen based Retail FX broker Saxo Bank A/S. Saxo UK recently hired former ETX Capital executive Andrew Edwards as its new CEO.
Andrew Stylianou has been with Saxo Bank for three years as senior UK legal and compliance officer and company secretary. He joined Saxo Bank after spending six years as senior legal officer at Alpari UK, which went bankrupt in the wake of the January 2015 surprise spike in the value of the Swiss Franc.
We understand that Mr. Stylianou has left Saxo Bank for another senior position in the City.
Replacing him on the Saxo Bank UK board, and as company secretary, is Rachel Przybylski, Head of Market Structure at Saxo Capital Markets UK for the past two and a half years.