Lucian Lauerman hasbeen promoted to Chief Executive Officer of OANDA Europe Limited. Thedevelopment comes amid wider leadership changes linked to the acquisitionprocess involving FTMO. FTMOfounders Otakar Šuffner and Marek Vašíček have taken on co-chief executiveroles at OANDA following discussions with Gavin Bambury, who stepped downfrom the position.From Digital Assets to CEO RoleLauerman’s promotionfollows a series of senior roles he has held within OANDA. He served as DeputyChief Operating Officer for over two years before taking the CEO role.Before that, he workedas Head of Digital Assets for around two and a half years. In that role, hefocused on digital asset and crypto-related initiatives within the firm. Priorto this, he spent a little over two years as Head of Data Services, also basedin London.Earlier in his career,Lauerman worked at Saxo Bank for about seven years. During that time, he heldsenior positions in electronic distribution and API business. He first servedas Head of API Business for several years before moving into the role of GlobalHead of Electronic Distribution for just under three years.Before joining SaxoBank, he worked at Lloyds Banking Group for a little under three years. He heldroles in eProduct management and later as eProduct director.OANDA Prop Trader Moves FTMO GroupMeanwhile, OANDA’sproprietary trading business, OANDA Prop Trader, is set to be transferredto the FTMO group. The migration began on March this year, and clients movingto FTMO’s platform will gain access to its trading infrastructure.Clients who do notmigrate will receive refunds where applicable, and some may also receiveadditional incentives. The transition allows OANDA to focus on its corebrokerage operations while separating its proprietary trading activity into adedicated platform under FTMO.Separately, FTMOhas expanded into India, where interest in prop trading has increased since2023. Several prop trading firms, including FundingPips, The5ers, FundedNext,and Maven, report that India accounts for a significant share of web traffic,particularly among younger traders.This article was written by Tareq Sikder at www.financemagnates.com.