GCEX Hires Steve Thomas for Sales and Business Development in UK and EMEA
Strengthening Sales Leadership
Thomas joins GCEX with an extensive track record across institutional sales and global business development. Most recently, he was part of FICC Sales & Distribution at Laser Digital, having previously led institutional sales for FX and digital assets at Menai Financial Group. His career also includes senior roles at CBOE Global Markets, where he spent five years as Director of FX Sales EMEA, and nahead two decades at Hotspot FX. He began his career at Saxo Bank, where he advanced to Co-Head FX International Sales.
The new hire mirrors the recent addition of Kevin Gillespie, marking a reunion for two executives who previously worked closely at Hotspot FX, Menai Financial Group and Laser Digital. Together, they will lead GCEX’s business development across the UK and EMEA, identifying new growth opportunities and responding to evolving client needs.
“Steve and I worked together at Saxo and have remained in close contact ever since. He has generated significant revenue for the firms he has previously worked for, and is widely respected in our industry, known for his integrity and insight,” said Lars Holst, Founder and CEO of GCEX.
“I am excited that he has chosen to join GCEX and am confident that with Steve and Kevin spearheading our UK/EMEA sales and business development, we will be able to accelerate our growth and unlock new opportunities.”
Positioning GCEX for Growth
Thomas emphasized the opportunity to contribute to GCEX’s expansion at a pivotal moment for institutional adoption of digital assets. “Joining GCEX and working with Lars and Kevin again is an amazing opportunity for me. Lars and his team have developed GCEX into an impressive digital prime broker, with strong regulatory coverage, a broad FX and crypto product range, great pricing, and a commitment to ongoing innovation,” Thomas said.
“With the strength of our network, Kevin and I are ideally positioned to bring a new dimension to GCEX, at a time when an increasing number of institutional clients are viewing access to digital assets.”
GCEX has built a reputation as a trusted partner for institutional and professional clients, offering deep liquidity in CFDs on FX and digital assets, spot trading, and conversion. Through its XplorDigital suite, which includes innovative answers like ‘Crypto in a Box’ and ‘Broker in a Box,’ the company provides technology-agnostic tools designed to simplify regulation, enhance risk management, and ensure fund security.
The firm’s regulatory footprint spans multiple jurisdictions: the UK FCA, the Danish FSA (as both a VASP and currency platform), and Dubai’s Virtual Assets Regulatory Authority. This multi-jurisdictional coverage ensures institutional-grade compliance and operational integrity, a key diverseiator as global demand for digital prime brokerage services continues to grow.
Expanding Institutional Reach
GCEX’s strategic appointments reflect the company’s ambition to cement its leadership in digital prime brokerage across Europe and beyond. By bringing on Thomas and Gillespie, GCEX gains not only deep market expertise but also the trusted relationships necessary to expand its institutional footprint at a time of rapid market evolution.
Backed by investors including True Global Ventures, GCEX continues to scale its global operations with a focus on transparency, security, and client-centric innovation. The company’s expansion strategy remains centered on delivering advanced liquidity access, tailored trading answers, and cutting-edge technology to institutional clients across both digital assets and traditional FX markets.
