Moneta Markets appears to be preparing to enter the proprietary trading space, with a newly posted executive job opening revealing plans for a dedicated prop trading firm. The company is now seeking a General Manager to lead operations, signaling the venture is in advanced development.

In a LinkedIn post, the CEO and Founder at Moneta Markets David Bily announced the search for a “results-driven” leader to oversee the soon-to-launch firm. The role includes responsibilities such as building out the team, managing daily operations, driving performance, and scaling the business.

"Based in Dubai or Open to Relocating"

“I’m on the hunt for a results-driven General Manager to spearhead our soon-to-launch prop trading firm. The product is nearly ready, now I just need the right person to scale it into a fierce industry competitor,” he mentioned. The search is targeting someone based in Dubai or open to relocating.

Expect ongoing updates as this story evolves.

Source: Finance Magnates