Devexperts Names Former Thomson Reuters Executive CEO as Ben Hurley Leaves

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Devexperts has appointed Rainer Fuchsluger, a former senior executive at LSEG and Thomson Reuters, as global group chief executive in place of Ben Hurley. The trading software developer announced the change today (Wednesday). It said Hurley had decided to leave to pursue new opportunities.The move puts an executive from market data and exchange technology in charge of the developer of DXtrade, a white-label platform licensed by retail brokers and prop trading firms. Devexperts says its software is used by more than 20 million traders every day.London's trading industry is coming home!Hurley joined in 2022 as country manager for Ireland and led a restructuring of the company's operations before he took over as CEO from founder Michael Babushkin in October 2024. He stayed more than four years in all, two of them in the top job.Asian Deals in Hurley's Final WeeksHis last months brought a run of deals in Asia. In September, Devexperts offered South Korean brokers a packaged route into US stock trading, combining DXtrade with dxFeed market data and execution.Five days later it said Indonesia's Commodity Futures Trading Regulatory Agency (Bappebti) had cleared DXtrade for use by local brokers. It plans to seek approval from the Financial Services Authority (OJK) to serve crypto clients next.Event contracts came earlier. In November 2025 the company launched a prediction markets platform for CFD brokers and exchanges.A Career in Market Data and Exchange TechnologyFuchsluger has spent 25 years in financial software, with senior roles at Wolters Kluwer and SS&C Technologies as well as LSEG and Thomson Reuters, the company said.He has worked in London, Hong Kong, Singapore, Japan and Switzerland. He arrives a year before Devexperts turns 25.His brief at Devexperts is to push cloud computing and AI across the product range and speed up international growth. AI already runs through more than half of its software development pipeline, the privately held company said."My priority is to stay close to our clients," Fuchsluger said in the statement.Other suppliers of trading software have changed leaders in the past two years. Deus X Capital put former IG technology executive Dom Bradley in charge of TradeLocker, which sells a platform to brokers and prop firms, in July 2025.At TradingView, chief financial officer Oleg Mukhanov replaced co-founder Denis Globa as CEO in January 2024.Devexperts has more than 800 employees across 10 offices, according to the company.This article was written by Damian Chmiel at www.financemagnates.com.