OANDA Europe Names New CEO as FTMO Founders Step into Co-Leadership Roles

Lucian Lauerman has
been promoted to Chief Executive Officer of OANDA Europe Limited. The
development comes amid wider leadership changes linked to the acquisition
process involving FTMO. FTMO
founders Otakar Šuffner and Marek Vašíček have taken on co-chief executive
roles at OANDA following discussions with Gavin Bambury, who stepped down
from the position.

From Digital Assets to CEO Role

Lauerman’s promotion
follows a series of senior roles he has held within OANDA. He served as Deputy
Chief Operating Officer for over two years before taking the CEO role.

Before that, he worked
as Head of Digital Assets for around two and a half years. In that role, he
focused on digital asset and crypto-related initiatives within the firm. Prior
to this, he spent a little over two years as Head of Data Services, also based
in London.

Earlier in his career,
Lauerman worked at Saxo Bank for about seven years. During that time, he held
senior positions in electronic distribution and API business. He first served
as Head of API Business for several years before moving into the role of Global
Head of Electronic Distribution for just under three years.

Before joining Saxo
Bank, he worked at Lloyds Banking Group for a little under three years. He held
roles in eProduct management and later as eProduct director.

OANDA Prop Trader Moves FTMO Group

Meanwhile, OANDA’s
proprietary trading business, OANDA Prop Trader, is set to be transferred
to the FTMO group. The migration began on March this year, and clients moving
to FTMO’s platform will gain access to its trading infrastructure.

Clients who do not
migrate will receive refunds where applicable, and some may also receive
additional incentives. The transition allows OANDA to focus on its core
brokerage operations while separating its proprietary trading activity into a
dedicated platform under FTMO.

Separately, FTMO
has expanded into India, where interest in prop trading has increased since
2023. Several prop trading firms, including FundingPips, The5ers, FundedNext,
and Maven, report that India accounts for a significant share of web traffic,
particularly among younger traders.

This article was written by Tareq Sikder at www.financemagnates.com.



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