ETX Capital appoints head of sales trading for Germany & France

Monday, 17 October 2011

FOR IMMEDIATE RELEASE

To Appointments Editors

Hannes Schadek joins ETX Capital from IG Group to continue the firm’s European expansion

LONDON 17th October 2011 – Pan-European financial services firm ETX Capital, today announces the appointment of Hannes Schadek as Head of Sales Trading for Germany and France. He joins on 17th October 2011

With more than five years experience of the markets, the last four of which have been at IG Group, Hannes Schadek was instrumental in the successful launch of their German and French businesses. He holds an MSc (Hons) in International Business Management, and BSc (Hons) in Retail Management from University of Surrey and a Full Baccalaureate Diploma (Eco. & S.Sc) from Lycee Francais de Fustel.

Dr John Wilson, Executive Chairman of ETX Capital said: “Our successful expansion into continental Europe will benefit from the extra focus that Hannes brings. We see significant opportunities for revenue growth across Europe and other regions and we are investing in the necessary resources to achieve this.”

Andrew Edwards, Chief Executive Officer of ETX Capital added: “The appointment of Hannes Schadek will bring the required focus to our German and French operations, and reflects our commitment to these countries. He brings with him a wealth of experience from IG Group where he had a similar role. Hannes is a German national educated at French and British institutions and has lived and worked extensively in France and French speaking countries. These unique professional and cultural capabilities give him an unrivalled ability to develop our German and French businesses.”

ETX Capital, a regulated Pan-European financial services firm, provides institutional, high net worth and retail customers with multi asset and multi market derivative dealing capability through CFDs and spread betting products. The firm uses cutting edge technology and delivers unrivalled levels of customer support from knowledgeable staff and with the utmost client confidentiality. ETX Capital is the trading name of Monecor (London) Limited, incorporated in 1965.

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