John Murphy is taking over as the Managing Director of Scope Markets, which is part of the wider ROSTRO Financial Group, Finance Magnates has learned. The appointment was an internal move, as he has been part of the group for the past three years.Accelerating the Retail Side of the Business“As Scope Markets continues to grow across multiple regions and client segments, this move reflects an increased focus on the Scope Markets brand, our retail business and the opportunities ahead of us,” Murphy said in a statement.He stressed that his focus in the new role would be “accelerating our retail growth strategy and ensuring we continue to deliver value for our clients, partners and stakeholders.”Murphy joined Scope Markets as Chief Revenue Officer in early 2022 after ROSTRO acquired the brand. According to his LinkedIn profile, he has been the Chief Commercial Officer of the wider ROSTRO Group since March 2025.He has spent almost two decades in the retail trading industry. Starting at FXCM, he later took up roles at Alpari and spent almost eight years at OANDA.Finance Magnates recently reported that Jefferies is considering selling the operator of the FXCM brand, while prop trading giant FTMO bought OANDA last year.The Focus Is Also on the InstitutionsWhile Murphy is returning to the retail-focused Scope Markets, its institutional unit, Scope Prime, is also expanding its offerings aggressively. It recently rolled out a gold CFD product that runs continuously, including during evenings and weekends.The Scope Prime brand also expanded its crypto CFD offering by adding 77 new instruments and moved to round-the-clock trading in August 2025.ROSTRO had also flagged wider ambitions in digital asset infrastructure with the launch of prime services for crypto CFDs in mid-2025, alongside plans to add spot trading capabilities. This article was written by Arnab Shome at www.financemagnates.com.

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