FXCM has named Maryke Faulkner the Group Chief
Finance Officer for its new sister trading platform, Tradu. Before assuming her new
role, Faulkner served as the Group CFO at FXCM for five months.
According to her LinkedIn profile, she previously
served as the Finance Director for Europe at FXCM for nine years and three
months. Preceding this, she held the position of Finance Director at FXCM
Securities for three years and seven months.
Meanwhile, Bobby Nachev has assumed the role of the
Vice President at Tradu. Nachev’s most recent position was at FXCM Pro, where
he held the role of Vice President for five years.
Prior to his VP role, Nachev spent three years and
four months at FXCM as an Assistant Vice President in Institutional Operations.
Before joining the firm, Nachev served as the Regional Manager at Terra Credit
Ltd.
Brendan Callan, the CEO of FXCM, unveiled Tradu in London during the Finance Magnates London Summit (FMLS:23). In an exclusive
conversation with Finance Magnates, Callan noted that the platform’s core
objective is to fill existing gaps in the multi-asset
Multi-Asset
Composed of varying asset classes, multi-asset is a blanket designation combining different classes such bonds, equities, cash equivalents, fixed income, and alternative investments.When compared to traditional balanced funds, multi-asset solutions differ because they target specific investment outcomes. This includes outcomes such as return above inflation as opposed to gauging performance against standardized benchmarks.Given the composition of multi-asset classes, they need to be dynamically
Composed of varying asset classes, multi-asset is a blanket designation combining different classes such bonds, equities, cash equivalents, fixed income, and alternative investments.When compared to traditional balanced funds, multi-asset solutions differ because they target specific investment outcomes. This includes outcomes such as return above inflation as opposed to gauging performance against standardized benchmarks.Given the composition of multi-asset classes, they need to be dynamically
Read this Term trading industry.
Tradu is set for release in the UK by December, with
plans for a global expansion in subsequent months. Notably, the platform
presently registers interested traders and investors. FXCM’s existing users
will continue utilizing the platform, while Tradu will stand as a distinct multi-asset
offering, integrating banking and payment solutions.
FXCM Targets European Expansion
In September, FXCM rebranded its subsidiaries in the UK
and Cyprus. Formerly FXCM UK and FXCM EU Ltd, these entities were
renamed Stratos Markets and Stratos Europe, respectively.
This rebranding is part of a broader strategy by the
group to reshape its presence in Europe. While FXCM originated in New York in
1999, these recent changes in Europe hint at a significant shift in the
company’s operations.
The UK company registry confirmed the alteration
from Forex
Forex
Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi
Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi
Read this Term Capital Markets Limited to Stratos Markets Limited, which is now
responsible for trading services. According to FXCM’s spokesperson, this
transition to Stratos aims to provide the firm with more operational
flexibility.
FXCM has named Maryke Faulkner the Group Chief
Finance Officer for its new sister trading platform, Tradu. Before assuming her new
role, Faulkner served as the Group CFO at FXCM for five months.
According to her LinkedIn profile, she previously
served as the Finance Director for Europe at FXCM for nine years and three
months. Preceding this, she held the position of Finance Director at FXCM
Securities for three years and seven months.
Meanwhile, Bobby Nachev has assumed the role of the
Vice President at Tradu. Nachev’s most recent position was at FXCM Pro, where
he held the role of Vice President for five years.
Prior to his VP role, Nachev spent three years and
four months at FXCM as an Assistant Vice President in Institutional Operations.
Before joining the firm, Nachev served as the Regional Manager at Terra Credit
Ltd.
Brendan Callan, the CEO of FXCM, unveiled Tradu in London during the Finance Magnates London Summit (FMLS:23). In an exclusive
conversation with Finance Magnates, Callan noted that the platform’s core
objective is to fill existing gaps in the multi-asset
Multi-Asset
Composed of varying asset classes, multi-asset is a blanket designation combining different classes such bonds, equities, cash equivalents, fixed income, and alternative investments.When compared to traditional balanced funds, multi-asset solutions differ because they target specific investment outcomes. This includes outcomes such as return above inflation as opposed to gauging performance against standardized benchmarks.Given the composition of multi-asset classes, they need to be dynamically
Composed of varying asset classes, multi-asset is a blanket designation combining different classes such bonds, equities, cash equivalents, fixed income, and alternative investments.When compared to traditional balanced funds, multi-asset solutions differ because they target specific investment outcomes. This includes outcomes such as return above inflation as opposed to gauging performance against standardized benchmarks.Given the composition of multi-asset classes, they need to be dynamically
Read this Term trading industry.
Tradu is set for release in the UK by December, with
plans for a global expansion in subsequent months. Notably, the platform
presently registers interested traders and investors. FXCM’s existing users
will continue utilizing the platform, while Tradu will stand as a distinct multi-asset
offering, integrating banking and payment solutions.
FXCM Targets European Expansion
In September, FXCM rebranded its subsidiaries in the UK
and Cyprus. Formerly FXCM UK and FXCM EU Ltd, these entities were
renamed Stratos Markets and Stratos Europe, respectively.
This rebranding is part of a broader strategy by the
group to reshape its presence in Europe. While FXCM originated in New York in
1999, these recent changes in Europe hint at a significant shift in the
company’s operations.
The UK company registry confirmed the alteration
from Forex
Forex
Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi
Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi
Read this Term Capital Markets Limited to Stratos Markets Limited, which is now
responsible for trading services. According to FXCM’s spokesperson, this
transition to Stratos aims to provide the firm with more operational
flexibility.