Gareth Thomas

Executive Director & Chief Commercial Officer

Gareth is an Executive Director of Sheer Markets (Cyprus) Ltd.

Gareth has a career spanning in excess of 25 years across multiple jurisdictions, covering FX and Derivatives Sales, Trading and online technology. Gareth started his career at NatWest Markets, providing treasury services and FX dealing for UK corporate clients. In the mid 1990’s Gareth moved into the FCM Credit Lyonnais Rouse, London, where his focus was market making and pricing of EFP currency futures.

During this tenure Gareth was posted to Copenhagen to oversee the development of one of the very first online trading systems under the banner name CL Markets.com, a precursor to Saxo Bank. Gareth continued his journey with Credit Lyonnais Rouse where he relocated to New York, to operate their Capital Markets broking desk, before moving back to the Credit Lyonnais Rouse London operation to set up the soft commodities (sugar) desk.

Gareth then became the first employee of GFT in London, and over the course of the next 10 years as Head of Trading, Gareth helped guide GFT to become one of the market leaders globally in the global eFX space. Subsequent to the purchase of GFT by Gain Capital, Gareth has remained very active in the eFX space, and has held senior positions in the eFX space in New York, working with names such as BGC (Mint) and BTIG. Gareth is a founding partner of Sheer Markets, and over the past 18-months he has embarked on the strategic set-up and rollout of a new online regulated CIF broker. Gareth holds the position of Executive Director and CCO.

Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. The vast majority of retail client accounts suffer capital losses when executed on CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.