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AvaTrade has expanded its leadership team by appointing Nir Iter as its new Business Unit Director for Cyprus. Iter, who previously spent nearly eight years at Exness as the Affiliate Commercial Lead, announced that his primary focus will be scaling AvaTrade's affiliate and partnership networks from the company's Cyprus offices. His appointment comes on the heels of major strategic moves by AvaTrade, including recent reports of its interest in acquiring Stratos Group, the parent company of FXCM and Tradu.