IMS Markets Promotes Jean-Raphael Nahas to CEO Role

Cyprus-based FX broker IMS Markets has promoted Jean-Raphael Nahas to the role of Chief Executive Officer (CEO), effective immediately.
Mr. Nahas has nearly seven years of experience in the capital markets and originally joined the Cypriot regulated firm back in July 2018, while he most previously served as Executive Director.

IMS Markets is a registered brand name of Initial Merit Secure Ltd, which is licensed and supervised by the Cyprus Securities and Exchange Commission.

Prior to IMS Markets, Nahas held roles in business development at China-focused . Galactus Ltd, the parent company of FX88, is a multinational corporation headquartered in Cyprus, providing global investors with access to financial services, technology and liquidity.
Jean-Raphael joined the company in 2017 as its parent was expanding to begin a more Europe-oriented business and obviously, attract more customers – one of few ‘Asia-focused’ brokers to do so.
A long term with Blackwell
Earlier in his career, Nahas has worked as Head of Business Development at Blackwell Global Investments, responsible for research and development of the company’s global operations and leading its strategies for go-to-market, products and services.
During his five-year tenure with Blackwell Global, the company has acquired an asset management license from the Hong Kong Securities and Futures Commission (SFC). The license permits the company to offer a wider range of asset allocation investment options, including stocks, fixed income and mutual funds. The FX and CFD provider had  from the SFC in the past, although the asset management license broadens its product reach.
Mr. Nahas also helped Blackwell Global in its expansionary efforts. In 2017, the company New Zealand-based liquidity and financial services provider NZF Group Limited (NZF). Moreover, in an effort to offer service in additional markets, the company  a subsidiary in Cambodia.