New AxiCorp CEO is Rajesh Yohannan, former OANDA APAC Chief Executive

Following Rajesh Yohannan’s departure from OANDA Corporation’s Asia Pacific division recently, it has not taken long for a prominent electronic trading company to appoint him to a leadership position. The firm in question is Australia’s AxiTrader, of which he has become CEO, based in Sydney, Australia. AxiTrader is the FX and retail electronic trading arm […]

rajesh

Following Rajesh Yohannan’s departure from OANDA Corporation’s Asia Pacific division recently, it has not taken long for a prominent electronic trading company to appoint him to a leadership position.

The firm in question is Australia’s AxiTrader, of which he has become CEO, based in Sydney, Australia.

AxiTrader is the FX and retail electronic trading arm of AxiCorp, whose long term CEO and Chairman was Goran Drapac, who Mr. Yohannan now supersedes.

In addition to retail FX, AxiCorp has its own prime brokerage, AxiPrime, which Mr. Yohannan will also preside over.

Mr. Yohannan is a bastion of sophistication, and is a regular speaker at conferences on subjects ranging from execution and how to structure a retail brokerage, to prime brokerage and liquidity provision across global markets, drawing on his vast knowledge of the non-bank and interbank FX sector.

During a very interesting discussion in Shanghai late last year, Mr. Yohannan explained to FinanceFeeds “Industry executives such as brokers and liquidity providers are concentrating on the way that a trade is executed, including how low the latency is, often spending huge resources on increasing execution speed, and how the liquidity is aggregated” he said.

“These factors are important to brokerages, but are of very little consequences to retail traders” said Mr. Yohannan.

0595b15
Rajesh Yohannan, CEO, AxiTrader

Prior to joining AxiTrader this month, Mr. Yohannan was Managing Director and CEO of OANDA Corporation’s Asia Pacific operations, based in Singapore, a position that he held for three years.

He is a fine ambassador for OANDA Corporation, standing out the high quality of leaders that the company both produces and appoints.

Last week, Former Saxo Bank senior executive Kazuaki Takabatake was appointed CEO of OANDA Corporation’s APAC operations, assuming Mr. Yohannan’s previous position.

Mr. Takabatake had previously been CEO of Saxo Capital Markets in Singapore for 7 years.

Joining OANDA Corporation from Citibank in March 2013, Mr. Yohannan’s interbank career with the world’s largest interbank FX dealer by volume spanned five years, from his appointment as Regional Head for CitiPhone Sales in January 2006 for the Asia Pacific region, to Managing Director at Citibank’s eBusiness & Direct Banking division, where he headed the Asia Pacific operations.

Graduating in 2000 from the Indian Institute of Management in Calcutta with an MBA, Mr. Yohannan began his illustrious career, and here’s hoping that whilst at AxiTrader, his insightful anecdotes and detailed, accurate perspectives will continue to punctuate the most prestigious industry conferences and events.

Read this next

blockdag

BlockDAG’s Explosive Presale Hits $20.3M In April Swaying Investors From XRP’s Price Trends Upward, & Polygon’s NFT Market

Learn about BlockDAG’s impressive $20.3M presale results, XRP’s price increase prospects, and the booming NFT market on Polygon among the top 10 cryptocurrencies.

Retail FX

Financial Commission warns of Eplanet Brokers

The Financial Commission, a self-regulatory compliance specialist for the financial services industry, is ramping up its scrutiny of unregulated brokerage firms. Today, the independent association warned against a company called Eplanet Brokers.

Retail FX

Dubai crypto exchange steps into prop trading

Dubai-based cryptocurrency trading platform, CoinW Exchange, marked its sixth anniversary by announcing a rebranding initiative and launching a proprietary trading product.

Fintech

Bitcoin payments app Strike launches in Europe

Bitcoin blockchain-based payments app Strike launched in Europe on Wednesday, allowing users in the region to buy, sell, and withdraw bitcoin (BTC).

Chainwire

Bandit Network’s Points SDK and Brave Ads Power Astar zkEVM’s Quest Platform “Yoki Origins”

“Yoki Origins,” supported by Bandit Network and Brave Ads, introduces a gamified and rewarding experience for Astar zkEVM users, marking a significant milestone in Web3 adoption.

Digital Assets

Crypto ETFs to debut in Hong Kong next week

Hong Kong has authorized six cryptocurrency-based spot ETFs set to launch on April 30, according to Bloomberg.

blockdag

BlockDAG Among The Best New Crypto To Invest In Post 8 Billion Coins Sales; More On Bitcoin Cash Futures’ Launch & Solana Positive Predictions

Explore Solana’s ATH predictions to see whether it can rise after a $17B dip? BlockDAG sells 8 billion coins in presale as Bitcoin Cash Futures launch.

Fundamental Analysis, Market News, Tech and Fundamental

Global FX Market Summary:USD, FED, German IFO ,Gold April 24 ,2024

Mixed US economic data and Fed rate hike uncertainty are causing volatility in the EUR/USD pair, while the Eurozone and gold prices add another layer of complexity.

Market News, Tech and Fundamental, Technical Analysis

EURCHF Technical Analysis Report 24 April, 2024

EURCHF currency pair can be expected to rise further toward the next major resistance level 0.9840, which stopped the pervious waves C and B, as can be seen below.

<