NetDania appoints new Chief Commercial Officer

Karthik Subramanian

NetDania, a fintech firm from Denmark, has announced the appointment of Rasmus-Bagger Petersen as the new Chief Commercial Officer (CCO) and he will also be joining the management board of the company.

NetDania is a portfolio company of United Fintech which specialises in acquiring stake in promising startups and helping them to grow and expand. It is a market analysis and information platform, which is used globally by many bankds, hedge funds and other financial institutions on a daily basis for their market analysis. The company provides market data, APIs, market terminals, and charting components on both desktop and mobile. The company was founded in 1998 and was the first company to bring in real time price streaming technology with specific focus on the corporate FX and trading industry.

Thomas Elster, Co-Founder and CEO, NetDania commented, “We are super excited that Rasmus has joined NetDania. His experience over the last decade, particularly from working within a large institution, will be hugely valuable to us. This is a significant hire for us and Rasmus will play a key role in helping us to capitalize on our ambitious growth plans.”

Petersen previously worked in a an institutional global sales role at Saxo Bank, with extensive experience in both B2B and B2C product and solution development. He has a decade of experience in the banking sector in Denmark during which Rasmus Bagger-Petersen has focused on product development for a range of market segments, including corporate clients, hedge funds and UCITS funds. He would be expected to work with the rest of the management in driving the company’s growth strategy and product development with a commercial perspective.

Rasmus Bagger-Petersen, CCO, NetDania added, “This is a great opportunity for me to join a fast growing company which has a fantastic team and great products and services for both the B2B and B2C markets. I am looking forward to working with Thomas, the NetDania team and the team at United Fintech. I truly believe NetDania can become the preferred provider for banks, brokers and fintechs looking to develop features and products which can create more value for themselves and their clients.”

United Fintech acquired a majority stake in NetDania towards the end of last year with a view to creating a large go-to fintech platform which financial services companies could rely on for their digital transition.

Read this next

Retail FX

Vantage observes results of US$100,000 donation to UNHCR

Vantage’s US$100,000 donation has helped approximately 788 refugees, internally displaced persons (IDPs), and returnees in 2023 alone.

Executive Moves

Tradition hires Michel Everaert to integrate data science and AI

“I am excited about the potential this offers, and look forward to building relationships and working with teams across the global business.”

Retail FX

IBKR extends US Treasury bond trading to 22 hours per day

US Treasury bonds are highly sought after by investors seeking stability and security in their portfolios as these instruments are often considered one of the safest investment options. 

Market News

Navigating Yen Depreciation and Euro Resilience in Global Markets

Amidst the persistent depreciation of the Japanese yen against the US dollar, pressure mounts on Japanese policymakers to translate their verbal assurances into tangible actions.

Digital Assets

El Salvador refutes rumors of Bitcoin wallet hack

Chivo Wallet, El Salvador’s official cryptocurrency wallet, has dismissed reports of a hack involving its software source code and the data of over 5 million users associated with its KYC (Know Your Customer) procedures.

blockdag

Best Crypto to Buy: BlockDAG Presale Hits $20.1M Following Moon-Shot Keynote Teaser as Dogecoin & Shiba Inu Prices Plummet

This landmark achievement sets it apart in the cryptocurrency landscape, where traditional favorites like Dogecoin and Shiba Inu are witnessing a price decline.

Digital Assets

MetaMask developer sues SEC over regulatory overreach

Ethereum ecosystem developer Consensys Software has filed a lawsuit against the U.S. Securities and Exchange Commission (SEC), challenging the agency’s regulatory actions concerning Ethereum and its related services.

Institutional FX

Tradeweb pulls in $408.7 million in Q1 revenue amid record trading volumes

Tradeweb Markets Inc. (NASDAQ: TW) has just announced its financial results for the first quarter of 2024, which showed a robust performance for the three months through March.

Institutional FX

BGC Group valued at $667 million following investment by major banks

BGC Group announced that its exchange platform, FMX Futures, is now valued at $667 million after receiving investments from a notable consortium of financial institutions.

<