Movers & Shakers: Steve Nauta engages traders, analyzes their performance and encourages them to win - FinanceFeeds

Movers & Shakers: Steve Nauta engages traders, analyzes their performance and encourages them to win

Andrew Saks

Daticks Co-Founder Steve Nauta meets FinanceFeeds in our Movers & Shakers series

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.

What’s new?

We are currently re-launching our product after receiving great feedback from our initial users. Our initial traders love the fact that they can join our contests and win cash prizes without having to open a new brokerage account. We expect to launch our new trading contest on October 2, 2016.

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

One thing we are really focusing on is pushing out updates at a faster pace. We are also focusing our efforts on working with partners having philosophies that match ours, helping traders improve.

One such example is our recent referral agreement with Think Liquidity. Think Liquidity is now able to offer its clients another tool to generate increased positive trading volume and improve retention. We are excited to be exposed to their robust network of clients and are working towards similar agreements with other quality companies.

What is the funniest thing or incident that happened in the office? Any cringe / epic fail moments?

Well, we are currently a remote team all living in the same region. When we meet we sometimes meet in a local coffee shop. Oddly, it seems that we always get stuck seated closest to the fireplace. By the end of the meetings our team is all sitting there in t-shirts in the wintertime while everyone else is wearing winter clothes.

If we are sitting here in one year from now discussing what you as a company have achieved in 2016, what do you hope to be the big achievements?

  1. Continuing to find creative solutions to clients #1 need; not losing when they do not have to. We accomplish this by showing them ahead of time when they are about to experience a drop in equity.

2. Building upon great partnerships to offer our technology to their clients.

3. Adding additional connections allowing us to continue to expand into other asset classes, such as exchange traded stocks, futures and options.

If your company morphed into a super-hero or animal in 2016; what would it be?

Interesting question. I would have to say the Thomson’s Gazelle. Very quick and agile which is what all fintech companies aim to be. Quick to respond to needs of their clients and produce solutions to their pain points.

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