CFDs Broker Taurex Appoints Matthew Wright as Global CEO

Matthew Wright returns as Global CEO at Taurex

FX and CFDs broker Taurex has appointed veteran industry executive Matthew Wright as Global CEO.

This is Wright's second run as CEO at Taurex. He held the role between 2021 and 2023, when the company was still called Zenfinex. He then moved to rival broker Exinity as COO. Wright left Exinity last year and, as FNG reported in March, he recently rejoined Taurex as a non-executive director.

Wright has also been CEO of Capital Index. In addition, he has held senior roles at Destek Markets, Gain Capital, where he worked on Forex.com and City Index, and Refco.

Taurex founder and current CEO Nick Cooke will stay with the company. Wright will handle the day-to-day running of Taurex as Global CEO, while Cooke focuses on strategy and commercial growth.

Taurex recently received a $40 million capital injection led by major shareholder Oscar Hilt Tatum IV. The group runs licensed subsidiaries in the UK, UAE, and Seychelles. It also operates Taurex Prime, its institutional liquidity and prime services arm, along with Atmos Funded, its retail prop trading unit.

Cooke said he is pleased to welcome Wright back, pointing to his strong knowledge of the business, broad industry background, and fit with the company's culture and long-term plans. He added that Wright's leadership will matter as Taurex rolls out new products.

Wright said he agreed to return because he has a strong respect for the people across the business. He said the team has real talent, energy, and commitment, and that coming back after stepping away four years ago feels rare and meaningful.

On LinkedIn, Wright also said he is excited to start his new role as Global CEO of Taurex. He noted that the board asked him to return after he spent the past year as a non-executive director, and he said he is looking forward to what comes next.