OANDA announces former E*TRADE CEO as Non-Executive Director

Rick Steves

He was responsible for the improved banking offerings and consistent account growth at E*TRADE.

OANDA has appointed Karl Roessner as a Non-Executive Director of the online multi-asset trading platform.

The current CEO of Lefteris Acquisition Corp is expected to add a wealth of industry-specific expertise to the firm’s advisory team as he joins the Board of Directors.

Karl Roessner was previously CEO of E*TRADE Financial Corporation and President of E*TRADE Bank. There he was key in the development and execution of plans that generated a significant increase in revenue.

He is directly responsible for the improved banking offerings and consistent account growth in E*TRADE and has sat on the Board of Directors of both institutions.

Gavin Bambury, Chief Executive Officer at OANDA, said: “We are delighted to welcome Karl to our Board of Directors. A seasoned professional in the retail trading industry, he brings with him extensive strategic and operational expertise that will add considerable strength to our advisory team at a critical time in the firm’s history. We believe he will be a tremendous asset to OANDA as we continue on our journey to becoming one of the largest multi-asset brokers in the world.”

“I’ve long admired OANDA for its world-class brand, dedication to innovation and commitment to clients. As such, I’m very much looking forward to working with the board to help identify new opportunities that will further drive the growth of the business”, said Karl Roessner, Non-Executive Director at OANDA.

Although OANDA has recently lost Chief Marketing Officer Chantelle Johnson to Equiti Group, the FX broker hired John Farda as Managing Director of North America earlier this month.

He joined OANDA from Fidelity Investments, where he held several positions, most recently acting as Head of Product for the SimpliFid Digital Solutions division. His career also includes roles at the CME Group and E*TRADE.

The broker has also recently appointed Philip Holemans as Chief Financial Officer, bringing 20 years of experience to the job. Mr. Holemans was CFO at GE Capital in the Benelux, Germany, and Czechia offices. His most recent role was with WiZink, which is an Iberian digital bank, where he was the CFO as well.

In April, OANDA appointed Marcin Niewiadomski as the Head of Europe following its March acquisition of TMS Brokers in Poland, where he was Chief Executive Officer.

Read this next

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. 

Digital Assets

BlockDAG Presale Nears $10 Million Amid Toncoin’s Momentum, Green Bitcoin’s Presale, and the Rise of Other Top Cryptos

This article will examine three top trending topics: Toncoin’s potential, Green Bitcoin’s innovative presale, and BlockDAG’s sustainable mining approach. These cryptocurrencies take centre stage for their uniqueness and innovation.

Digital Assets

Coinbase scores minor victory vs SEC, but lawsuit to proceed

A federal judge in Manhattan, U.S. District Judge Katherine Polk Failla, ruled on Wednesday that the U.S. Securities and Exchange Commission’s (SEC) lawsuit against Coinbase can largely proceed.

<