iFOREX Names Ex-Amdocs Executive Daniel Shalom as Chief Operating Officer

iFOREX has appointed Daniel Shalom, a former executive at Amdocs, as its chief operating officer. The appointment was announced by the company and adds a new member to its senior leadership team.

Shalom joins iFOREX from Amdocs, where he held an executive position. His background includes experience in the technology and software services sector, which is expected to support the operational side of the brokerage's business.

Leadership addition

In his new role, Shalom will be responsible for overseeing iFOREX's day-to-day operations, coordinating internal departments, and helping ensure efficient service delivery to clients. The COO position is a key management role for trading firms, with responsibility for operational resilience and the smooth running of front- and back-office processes.

The appointment comes as online trading providers continue to strengthen their management teams in response to evolving regulatory expectations and competitive pressure in the retail trading space. A COO with a technology background can play an important role in overseeing platform infrastructure and client service operations.

No further details about the transition or Shalom's immediate priorities have been released. The announcement is the latest executive change at iFOREX as it builds out its leadership structure.