September trading reached USD 625 billion, with CFI reporting Q3 total of USD 1.55 trillion.
CFI Group, a global trading and investing provider headquartered in the United Arab Emirates, has appointed three independent members to its Board of Directors.
Federico Cirulli, David Haglund, and Prema Varadhan join the board. Each brings expertise in different areas of financial services, including brokerage operations, investment management, fintech, and corporate governance.
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The appointments come as CFI reported higher trading activity in the third quarter of 2025. September marked its largest monthly volume at USD625billion, contributing to a quarterly total of USD1.55trillion, up 3% from the previous quarter and 54% above the same period last year. Client activity also grew, with active clients up 28% year-on-year and funded accounts rising 27% compared with 2024.
Cirulli has more than 20 years of experience in regulated brokerages and asset management across Europe. He previously served as CEO of ActivTrades Ltd UK and Swissquote Ltd UK, and as a senior executive at CMC Markets UK Plc.
He is currently CEO of Atlantide Asset Management and has experience in digital transformation, regulatory strategy, and mergers and acquisitions.
Haglund has over two decades of investment leadership and corporate governance experience, particularly in emerging markets. He previously worked as a portfolio manager at Franklin Templeton and has managed multi-billion-dollar mandates across public markets. He also served on the Board of Aramex, contributing to governance, audit, risk oversight, and sustainability strategy.
Varadhan brings more than 25 years of global fintech and enterprise product experience. She is President of Product and Chief Operating Officer at Temenos, where she has led cloud Cloud The cloud or cloud computing helps provides data and applications that can be accessed from nearly any location in the world so long as a stable Internet connection exists. Categorized into three cloud services, cloud computing is segmented into Software as a Service (SaaS), Infrastructure as a Service (IaaS), and Platform as a Service (PaaS). In terms of trading, the versatility of the cloud service allows retail traders the ability to test out new trading strategies, backtest pre-existing conc The cloud or cloud computing helps provides data and applications that can be accessed from nearly any location in the world so long as a stable Internet connection exists. Categorized into three cloud services, cloud computing is segmented into Software as a Service (SaaS), Infrastructure as a Service (IaaS), and Platform as a Service (PaaS). In terms of trading, the versatility of the cloud service allows retail traders the ability to test out new trading strategies, backtest pre-existing conc Read this Term and digital transformations for financial institutions. She has been recognized among the Top 100 Women in Fintech Fintech Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Read this Term and has expertise in AI-enabled financial infrastructure and product innovation.
“These appointments bring clarity of vision, depth of experience, and perspectives that will sharpen our strategic thinking and strengthen our ability to lead, innovate, and grow responsibly,” Hisham Mansour, Chairman of the Board at CFI Group, said.
