GCEX expands sales and business development team
29 September 2025 UK
Image: GCEX
GCEX, a regulated digital prime broker, has appointed Steve Thomas to the UK and EMEA sales and business development team.
Based in London, Thomas brings more than 25 years of experience in the foreign exchange (FX) and digital asset industries.
In his new role, Thomas will work alongside Kevin Gillespie, who was recently appointed to the sales and business development team. The two have a history of working together at Hotspot FX, Menai Financial Group, and Laser Digital.
Together, Thomas and Gillespie will focus on driving growth and identifying new product areas for GCEX, in response to client requirements.
Joining the firm from Laser Digital, where he took on a role within FICC sales and distribution, Thomas has a track record in global sales and business development.
Prior to that, he was responsible for institutional sales, FX, and digital assets at Menai Financial Group.
He spent over five years as director, FX sales EMEA at Cboe Global Markets, and over 18 years in senior sales roles at Hotspot FX.
Thomas began his career at Saxo Bank, progressing through the ranks over a five-year period to co-head FX international sales.
Lars Holst, founder and CEO at GCEX, comments: “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.
“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.”
Commenting on his appointment, Thomas adds: “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.
“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 seeing access to digital assets.”
Based in London, Thomas brings more than 25 years of experience in the foreign exchange (FX) and digital asset industries.
In his new role, Thomas will work alongside Kevin Gillespie, who was recently appointed to the sales and business development team. The two have a history of working together at Hotspot FX, Menai Financial Group, and Laser Digital.
Together, Thomas and Gillespie will focus on driving growth and identifying new product areas for GCEX, in response to client requirements.
Joining the firm from Laser Digital, where he took on a role within FICC sales and distribution, Thomas has a track record in global sales and business development.
Prior to that, he was responsible for institutional sales, FX, and digital assets at Menai Financial Group.
He spent over five years as director, FX sales EMEA at Cboe Global Markets, and over 18 years in senior sales roles at Hotspot FX.
Thomas began his career at Saxo Bank, progressing through the ranks over a five-year period to co-head FX international sales.
Lars Holst, founder and CEO at GCEX, comments: “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.
“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.”
Commenting on his appointment, Thomas adds: “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.
“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 seeing access to digital assets.”
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