AxiTrader appoints former FXCM and Boston Technologies executive Ivan Rojas as Head of Latin America and Spain

Australian retail FX brokerage AxiTrader continues to evolve and increase its global presence under the leadership of urbane and sophisticated CEO Rajesh Yohannan who began the international expansion of the company following his assuming of the leadership position earlier this year after joining the firm from OANDA Corporation where he was CEO for the APAC […]

Sydney Australia

Australian retail FX brokerage AxiTrader continues to evolve and increase its global presence under the leadership of urbane and sophisticated CEO Rajesh Yohannan who began the international expansion of the company following his assuming of the leadership position earlier this year after joining the firm from OANDA Corporation where he was CEO for the APAC region.

The latest step in this direction is AxiTrader’s appointment this week of Ivan Rojas to lead the company’s Spanish and Latin American operations.

Mr. Rojas joins AxiCorp from Argosy Global Advisors in New York, a company which provides risk management services and liquidity consultation for retail brokers across the world.

Mr. Rojas spent 6 months at the institutional consultancy firm before being recruited by AxiTrader.

ivan

Prior to joining Argosy Global Advisors, Mr. Rojas had a one and a half year tenure at Fortress Prime, leaving in December 2015 at the time that the company went out of business.

Between February 2013 and May 2014, Mr. Rojas was eFX Prime Brokerage Sales Lead for Latin America and Spain at Boston Technologies, having joined the company from FXCM where he spent almost six years as Team Captain for Spain and Latin America, based in New York.

Rajesh Yohannan, CEO of AxiCorp, says Rojas’ appointment is vital as the company focuses on tapping new markets.

“Ivan has a solid track record in Latin America,” said Rajesh Yohannan, AxiCorp’s Chief Executive. “As we tap into new markets we need someone like him who knows the landscape very well.”

The Latin American market will give AxiCorp access to countries like Argentina, Brazil, Chile, Colombia, Costa Rica, Guatemala, Mexico and Peru where FX trading is growing at a rapid phase.

While FX trading in the Latin American region has been mostly done at the institutional level, the availability of online trading has opened up the markets to retail and individual traders.

Talking about his new role with AxiCorp, Ivan Rojas said, “Latin America must be one of the markets with the most potential for growth. And I’m keen to be part of AxiCorp’s expansion in this market.”

He added, “Latin America is also under serviced at this stage because most FX providers have been focused on the European and Asian markets. With my focus in this region, current AxiCorp clients will be assured of our world-class service and resources,”

“There’s a big potential in this market due to the growing middle-class population and we will work hard to bring in more and new clients,” Rojas said.

At the same Rojas noted that Latin American investors are becoming savvier and open to new trading and investment instruments such as FX, commodities, and indices.

“I have seen dramatic changes in this market over the past 10 years that I’ve been working here. It used to be a small market but now more people are getting to FX trading as they pick up more knowledge and education about FX trading,” Rojas said.

Read this next

Digital Assets

Cathie Wood’s sponsored Bitcoin ETF sees historic $200 million inflows

The ARK 21Shares Bitcoin ETF (ARKB), co-sponsored by Cathie Wood’s ARK Invest, registered historic inflows exceeding $200 million on Wednesday, signaling a robust appetite among investors for Bitcoin-centric investments.

Digital Assets

Sam Bankman-Fried might see his 25-year sentence halved

Sam Bankman-Fried, the founder of the failed cryptocurrency exchange FTX, was sentenced to 25 years in federal prison by a Manhattan court on Thursday. This comes after he was convicted of defrauding customers and investors, with Judge Lewis Kaplan highlighting the potential future risks posed by Bankman-Fried.

Technical Analysis

EURJPY Technical Analysis Report 28 March, 2024

EURJPY currency pair under the bearish pressure after the pair reversed down from the major resistance level 164.25, which also stopped the sharp weekly uptrend at the end of last year,

Digital Assets

BlockDAG’s Presale Hits $9.9M, MultiversX & MINA Price Predictions Show Green

Read about BlockDAG’s promising $10 prediction and insights on MultiversX Price Prediction as MINA’s potential unfolds.

Digital Assets

Rockstar Co-Founder and All-star Line Up Join Advisory Board to Take Metacade into Post Beta Orbit

Metacade, the revolutionary Web3 gaming platform, prepares to streak out of beta with a slew of ground-breaking initiatives that will redefine the way blockchain games are developed.

Retail FX

Prop firm The Funded Trader shuts down, claims relaunch in April

Prop trading firm The Funded Trader has ceased all operations, with claims for a relaunch in the near future.

Digital Assets

Ethereum-Based Tokenized Real Estate Platform USP Launches On Republic

How This Californian Startup Is Revolutionizing Real Estate Investment through Ethereum-Based Tokenization.

Digital Assets

Sui Spikes in Weekly DEX Volume, Joins Top 10 of All Blockchains

March DEX volume on Sui stands at over $2.88B – up more than 49% from February – with decentralized exchange Cetus and wholesale liquidity layer DeepBook leading.

Digital Assets

Prisma Finance suffers $10 million crypto exploit, attack ongoing

Liquid staking protocol Prisma Finance fell victim to a security exploit on March 28, resulting in nearly $10 million in Prisma mkUSD and wrapped stETH being stolen by hackers.

<