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Exclusive: Real estate giant FTMO bolsters management team with new CFO and legal chief

Posted on by darion

FTMO, a popular name in the prop trading industry, has strengthened its top management positions by hiring Radek Dyntar as Chief Financial Officer, Finance Magnates has learned exclusively. It has also hired Eva Svobodova as Chief Legal Officer.

Growth support

The appointments come as the Czech prop trading firm prepares to launch a brokerage business. It also recently named Michael Kamerman as CEO of its brokerage division.

“Eva and Radek bring invaluable experience to FTMO at this stage of development,” said Otakar Šuffner, Co-Founder and CEO of FTMO. “We take our ambition to grow FTMO as a group seriously and we know that we will not achieve this goal without true experts in our team.”

According to FTMO, registrations on its platforms grew by 30 percent year-over-year in the first three months of 2024. It also acquired marketing agency eVisions earlier this year following its acquisition of fintech firm Quantlane last year.

Legal experts at FTMO

Dyntar joins the firm from Dentons Europe, the law firm where he spent the last nine years. He was most recently a senior advisor on finance transformation at the firm, but held the position of CFO from January 2020 to December 2023.

He began his career in 1997 as a tax consultant and later worked at Ernst & Young for about nine years. He was also the CFO and a member of the board at the Prague firm KKCG for about four years.

Svobodová is a renowned legal mind in Europe, bringing more than two decades of legal experience to her role at FTMO. She spent the last 19 years of her career at White & Case, a New York-based law firm, where she was most recently a partner in the Prague office.

“In almost a decade on the market, FTMO has grown from a garage startup into a global company that handles complex legal and financial matters around the world, in different countries with different laws,” continued Šuffner. “In all of these areas and more, Radek and Eva are huge assets.”

Interestingly, the appointments come at a time when regulators were also exploring possible regulation of the prop trading industry. Although FTMO general counsel Matus Tutko had previously said, Financial tycoons that in its opinion regulations are not “necessary (because) the current regulatory environment is sufficiently solid”, the Czech National Bank believes that some equity trading models may fall under the MiFID regulatory framework.

FTMO, a popular name in the prop trading industry, has strengthened its top management positions by hiring Radek Dyntar as Chief Financial Officer, Finance Magnates has learned exclusively. It has also hired Eva Svobodova as Chief Legal Officer.

Growth support

The appointments come as the Czech prop trading firm prepares to launch a brokerage business. It also recently named Michael Kamerman as CEO of its brokerage division.

“Eva and Radek bring invaluable experience to FTMO at this stage of development,” said Otakar Šuffner, Co-Founder and CEO of FTMO. “We take our ambition to grow FTMO as a group seriously and we know that we will not achieve this goal without true experts in our team.”

According to FTMO, registrations on its platforms grew by 30 percent year-over-year in the first three months of 2024. It also acquired marketing agency eVisions earlier this year following its acquisition of fintech firm Quantlane last year.

Legal experts at FTMO

Dyntar joins the firm from Dentons Europe, the law firm where he spent the last nine years. He was most recently a senior advisor on finance transformation at the firm, but held the position of CFO from January 2020 to December 2023.

He began his career in 1997 as a tax consultant and later worked at Ernst & Young for about nine years. He was also the CFO and a member of the board at the Prague firm KKCG for about four years.

Svobodová is a renowned legal mind in Europe, bringing more than two decades of legal experience to her role at FTMO. She spent the last 19 years of her career at White & Case, a New York-based law firm, where she was most recently a partner in the Prague office.

“In almost a decade on the market, FTMO has grown from a garage startup into a global company that handles complex legal and financial matters around the world, in different countries with different laws,” continued Šuffner. “In all of these areas and more, Radek and Eva are huge assets.”

Interestingly, the appointments come at a time when regulators were also exploring possible regulation of the prop trading industry. Although FTMO general counsel Matus Tutko had previously said, Financial tycoons that in its opinion regulations are not “necessary (because) the current regulatory environment is sufficiently solid”, the Czech National Bank believes that some equity trading models may fall under the MiFID regulatory framework.