Hantec Markets' Executive Shake-Up | What Does it Mean for Traders?

Hantec Markets has made big changes at the top, with three senior roles reshuffled in July. The company promoted Norayr Djerrahian to Chief Commercial Officer (CCO), while hiring Tim Hughes and Vivek Mehta as Chief Strategy Officer (CSO) and Chief Technology Officer (CTO).

These changes could be part of Hantecs wider plan to grow its global presence and improve its trading services.

Norayr Djerrahian, who has worked at Hantec for six years, is now leading the companys commercial strategy. Based in Dubai, he will focus on expanding into Latin America by investing in local infrastructure, hiring more staff, and building brand awareness. He will also guide efforts in Africa and Asia, where the company is working to make its products more user-friendly and better suited to local needs.

As part of this growth, Hantecs business development and account management teams have increased by 42 per cent, showing strong demand in new markets. Djerrahian will support these teams in delivering value to clients.

Tim Hughes has taken over Djerrahian‘s former role as CSO. He brings more than two decades of experience in the retail trading industry. He began his career at IG Group and spent almost 12 years there, eventually leading the company’s UK operations. Later, he was CEO for the UK at TigerWit, where he helped the broker expand into new markets through acquisition.

At Hantec, Hughes plans to grow the business carefully and offer customised trading solutions to clients. He believes building strategic partnerships and launching new products will help the company stay ahead in a competitive market.

Vivek Mehta has joined as CTO. He was previously Head of Technology at Infinox Global and CTO at Aximtrade. Mehta plans to improve Hantecs in-house technology, while continuing to support popular platforms like MetaTrader.

He believes that developing proprietary tools will give Hantec more control over its systems and allow for better trading experiences. These tools will help the company scale its services and meet specific client needs.

Hantec has also introduced 24/7 cryptocurrency CFD trading and was one of the first brokers in the industry to launch proprietary trading services. These steps show the companys focus on staying ahead of trends.

Meanwhile, Hantecs Australia-based Chief Operating Officer, Damon Sze, has left the company to join another CFD broker focused on the Asian market.