Lee Holmes has resigned as CEO of Infinox’s UK division, effective end of last month, after just one year in the position. The broker has not yet named a successor or responded to media inquiries about the departure. Infinox also operates regulated entities in Mauritius with registered businesses in Anguilla and Cyprus.
Holmes’ brief tenure saw both expansion and controversy. The company acquired Nordic-focused broker Skilling last October, boosting its European footprint. However, Infinox’s institutional division suspended multiple new trading activities in 2024 due to suspicious activity and potential market conduct violations. Holmes, who previously held roles at FXCM, ATFX UK, Hantec Markets, and Exinity, had two separate stints at Infinox, most recently rejoining in late 2024 before departing this year.
The sudden leadership vacuum at Infinox UK raises questions about operational stability at a time when the firm faces regulatory scrutiny in its institutional business.
FXnCO Insight
Clients and counterparties of Infinox UK should monitor upcoming regulatory filings and leadership announcements closely, as management continuity concerns may impact institutional relationships.
Source: Finance Magnates