OANDA appoints ex-FXCM Jessica Beckstead as MD, North America and CEO of US operation

Rick Steves

“Having spent several years developing and scaling a global retail business across six continents, I am looking forward to building on the strong foundations of the OANDA brand and to further transforming the firm’s operations in the US and Canada.”

OANDA has announced the appointment of Jessica Beckstead as Managing Director, North America, and CEO, US of the online multi-asset trading services, currency data and analytics.

Jessica Beckstead joins OANDA from FXCM Inc., where she most recently served as Managing Director – Global Head of Sales & Customer Success. She previously was Managing Director of FXCM’s US operation before moving to Australia to become CEO of FXCM Australia.

Jessica Beckstead helped shape FXCM’s commercial agenda across the globe

OANDA’s new MD of North America and CEO of the US operation did help shape and develop FXCM’s commercial agenda throughout the years and across the globe, having extended both its market outreach and geographical footprint.

Based in New York, the 18-year veteran of the FX & CFD industry will be accountable for driving the continued success of the firm’s growth throughout the US and Canada.

Gavin Bambury, Chief Executive Officer of OANDA, said “We’re delighted to welcome Jessica to the OANDA team. Jessica brings with her significant knowledge of the financial services industry and is an excellent choice to drive our expansion in the Americas. Her extensive experience growing a retail business, as well as proven operational and strategic expertise, will enable us to identify and implement new strategies to strengthen our reputation, increase market growth, and propel the business forward.”

Jessica Beckstead, Managing Director, North America, and CEO, US, commented: “Having spent several years developing and scaling a global retail business across six continents, I am looking forward to building on the strong foundations of the OANDA brand and to further transforming the firm’s operations in the US and Canada.”

OANDA was a pioneer in the FX industry. Founded in 1996, the company was the first to share exchange rate data free of charge on the Internet and launched an FX trading platform that helped pioneerdevelop web-based currency trading five years later.

The firm now provides online multi-asset trading, currency data and analytics to retail and corporate clients around the globe, enabling clients to trade global market indices, commodities, treasuries, precious metals and currencies.

Read this next

blockdag

BlockDAG Attracts $18.1M In Presale, Drawing Investors From Dogecoin And UNUS SED LEO for Potential 30,000x ROI

As the markets for Dogecoin and UNUS SED LEO exhibit volatility, a significant number of investors are redirecting their focus towards BlockDAG during its Batch 9 presale, which has remarkably gathered $18.1 million.

Digital Assets

Coinbase launches perpetual futures trading for Dogwifhat memecoin

Coinbase International Exchange (CIE) will introduce perpetual futures trading for Solana-based memecoin dogwifhat ($WIF), starting April 25. These open-ended futures contracts can be traded using the USDC stablecoin.

Digital Assets

Kraken acquires TradeStation’s cryptocurrency business

Kraken, the second-largest U.S.-based cryptocurrency exchange, has acquired the cryptocurrency arm of online brokerage TradeStation.

Retail FX

The Funded Trader is back? Traders report account closures

Prop trading firm The Funded Trader has updated its website with a few banners, nearly three weeks after it ceased all operations, with claims for a relaunch in the near future. However, there was no official statement on the relaunch on its website, Discord channel, or social media accounts yet.

Executive Moves

NAGA lures former Tickmill compliance exec Loukia Matsia

NAGA Group, a provider of brokerage services, cryptocurrency platform NAGAX and neo-banking app NAGA Pay, appointed Loukia Matsia as their new Head of Compliance and Anti-Money Laundering (AML).

blockdag

Explore 2024’s Top Cryptocurrencies: BlockDAG Leads With 30,000x ROI Potential, Among Surge Predictions For Bitcoin And Ethereum

Navigating the vast ocean of cryptocurrencies might feel overwhelming for many investors, whether seasoned or newbies.

Tech and Fundamental, Technical Analysis

EURUSD Technical Analysis Report 18 April, 2024

EURUSD currency pair can be expected to fall further toward the next support level 1.0600 (which reversed the price earlier this month).

Digital Assets

Binance ordered to remove Changpeng Zhao to get Dubai license

Binance, the world’s largest cryptocurrency exchange, has obtained a Virtual Asset Service Provider (VASP) license in Dubai.

Crypto Insider

Evolution and current state of global crypto adoption

Every four years, the crypto world gets hyped for the Bitcoin halving. Past halvings, like the one of May 2020, saw a massive increase in BTC transactions, which was driven by growing adoption and community involvement.

<