FXGlobe’s George Agathangelou talks about the future, blue shirts, jeans and black shoes

Noam Stiekema

2016 heralded a new era of innovation, and in the fast-moving FX industry, those at the cutting edge who are not content with simply going through the motions and emulating their peers before heading home at the end of the working day will likely reveal yet more industry-changing developments. To give an insight into the […]

FXGlobe's George Agathangelou

2016 heralded a new era of innovation, and in the fast-moving FX industry, those at the cutting edge who are not content with simply going through the motions and emulating their peers before heading home at the end of the working day will likely reveal yet more industry-changing developments.

To give an insight into the personality, charisma and just what makes such things happen, FinanceFeeds met with some of the movers and shakers of the industry for an open and casual discussion on what the industry is likely to look like, with a splash of comedy for those who appreciate.

In this edition, George Agathangelou, General Manager at FXGlobe talks about the future for FXGlobe and where to next considering their fantastic past few years as young startup.

What’s new?

Everything seems to be changing in the industry landscape. New regulations could be a game changer in the near future.

From ESMA and the updates regarding MiFID II and MiFIR that will be transposed into Member States national law and will be implemented in January 2017, we can see a move towards transparency that will disrupt the current status quo.

As a few brokers have disrespected their clients, we can also see that CySEC has been taking the latest developments seriously and is becoming ever more vigilant to any issue arising from Cyprus Investment Firms.

A wind of change is coming but I strongly believe that whoever is doing a proper and at all times ethical job, should have a good night’s sleep every day and need not worry.

As for FXGlobe, we are just about to relaunch our brand and website to better portray our values. This is a work in progress and something that we are taking our time with fine tuning to make sure it is just perfect.

We are also looking at expanding after a very successful 2015 and early 2016. Hiring the right people and expanding our team in Cyprus to better cater for our customers and partners.

We also spend a lot of effort developing our systems last year to optimize the way we do business and scalable for future growth. Things are looking up for sure.

OK, so nobody is perfect. What is the biggest thing you can improve on from last year?

Personally, I could improve my own time management in regards to work/life balance as I have not been taking adequate care of my close ones lately.

All my focus has been on FXGlobe and I feel great to see all the effort finally paying off.

Funniest thing/ incident that happened in the office? Any cringe / epic fail moments?

Luckily there were not any epic fail moments so far and would like to keep it that way.

A funny incident I can remember is when all male employees arrived in the office wearing almost the same clothes by chance.

Our appearance did indeed show a team spirit that day as we were all wearing jeans, blue shirts and black shoes. Everyone was staring at the other laughing and joking about it.

If we were sitting here in one year from now having this conversation, what is the biggest thing you would hope to have achieved?

I would hope that the company’s Cyprus branch would actually triple or quadruple in size and in manpower, complementing our company’s growth into new regions and markets.

With our ever expanding strategy and the way things have developed for us in the last months I would not exclude this possibility.

We are actively hiring and hope to have secured a bigger better team with the right people to help us move into the next phase.

Read this next

Digital Assets

Big Time Generates over $100M in Revenue since Preseason

Innovative game developer Big Time Studios announces that its highly anticipated free-to-play multiplayer action/MMO RPG Big Time, has generated $100M in revenue. According to the team, players transacted a total volume of over $230M, without selling a single token.

Digital Assets

Centralized exchanges are 10 times more popular than DEXs in Western Europe

Western European traders are found to prefer centralized exchanges over decentralized ones as CEX traffic outpaces DEXs by a factor of ten.

Market News

Stock Market Analysis: Is NVDA Losing Its Leadership?

Since the beginning of the week, the S&P 500 Index (US500) has seen a modest increase of about 0.58%, whereas NVDA’s share price has experienced a decline of approximately 3.8%. This recent divergence raises concerns among Nvidia stock investors — could it signify a loss of NVDA’s market leadership?

Industry News

ESG: Australian regulator wins first greenwashing court case against Vanguard

Vanguard admitted that a notable portion of the securities within both the Index and the Fund did not undergo the promised ESG scrutiny.

Fintech, Uncategorized

BitMEX integrates HALO from Solidus Labs for cross-market surveillance

“The recent approval of the Spot Bitcoin ETF has piqued the market’s interest. As a result of price volatility, the trading volumes for crypto derivatives have gone up substantially. HALO, with its advanced technology and crypto-native detection architecture, will enable BitMEX to smoothly and safely scale trade surveillance across its increased trading volumes and provide the necessary safeguards for new product launches.”

Reviews

IUX Broker Review

IUX, recently rebranded from IUX Markets, stands as a multi-asset Forex broker recognized for its regulatory compliance across various jurisdictions.

Industry News

Horizon Software rebrands to Horizon Trading Solutions

“Horizon Trading Solutions has seen accelerated global growth over the past year to meet the rising demand for our trading solutions and built-for-purpose technology offering. The choice to rebrand represents a key part of this development, while maintaining our heritage and history in the industry.”

Market News

USDJPY has surged to levels last witnessed in 2022. Should we consider opening a short position?

The recent resurgence of the US dollar has propelled USD/JPY to new heights, touching levels not seen since 2022. This surge comes against the backdrop of stable short-term yields and ongoing economic data that fails to signal a significant slowdown, prompting questions about the extent of current monetary easing measures.

Digital Assets

DED Trends on Twitter After Memecoin Snapshot Announcement

Polkadot-backed community coin #DED, made it to the trending charts on X, demonstrating community’s engagement and interest behind the memecoin. 

<