OvalX News

OvalX will close its operation on March 17th and hand over its client to another broker, Capital.com.

Stating that its business runs as usual, OvalX is reportedly laying off its staff post-Guru Capital's taking over and their poor performance.

Lawrence Jones has joined OvalX as Head of Digital Acquisition after leaving Betfair International, an online betting exchange.

OvalX Head of Research and Analysis Andrew Saks is leaving the company for an unknown reason after only a year following the sale of FinanceFeeds that he founded.

After rebranding, OvalX has staffed up. The company hires ex-Amazon Elena Giardino as its new Marketing Project Manager.

ETX Capital has revealed new branding as OvalX after integration with Oval early this year. Clients now will be directed to OvalX website when accessing ETX Capital.

Following Alpari UK insolvency after SNB Disaster early this year, ETX Capital had acquired the company's client list worth around 100 millions USD. Last week, ETX Capital announced that the acquisition was proven to be a successful deal.

UK-based ETX Capital had acquired Alpari UK client list for an undisclosed amount in the latest deal following Alpari UK insolvency. Alpari UK clients will now have the option to transfer their funds to newly opened ETX Capital accounts.