Finance Feeds logo

oneZero elevates Owen Tu to director of sales and relationship management

abdelaziz Fathi

Multi-asset enterprise trading technology solutions provider oneZero has promoted Owen Tu to the position of its director of sales and relationship management.

The fresh elevation comes at a time when oneZero is pouring heavy investments into its analytics franchise, focusing on solutions for institutional brokers, regional banks, asset managers, PTF’s and their EcoSystem liquidity partners.

Owen has been with oneZero since November 2020, where he climbed through the ranks from regional relationship manager to other senior roles over the last three years. During this tenure, he was tasked with developing and maintaining relationships with institutional and broker clients.

Prior to that, Owen served as associate director at the prime brokerage services unit of Invast Global between 2017 and 2020. His responsibilities at Invast included global institutional account management and business development. He also developed new prospects, maintained client relationships and provided prime brokerage services to small hedge funds, prop trading firms, family office and retail brokers, his Linkedin profile states. Earlier in his career, he was a consultant at ConnectX Sydney Pty Ltd.

We last reported on oneZero when it secured the services of Stephen Totten as its director of quantitative analysis. Stephen brings to the role more than two decades of experience within the institutional FX space. He leaves a long tenure of 12 years at UniCredit, a pan-European commercial bank that offers its services in Italy, Germany, Central and Eastern Europe. There he worked his way up through several senior roles with the firm, culminating with the position of Global Head of eFX.

oneZero’s Data Source Insights product has been at the forefront of the broker-dealer trading technology provider’s activities. Among other things, the product provides a glimpse into the use of one of FX market’s most ‎common, and potentially abusive, practices.

The ‘last look’ allows market makers ‎get a final opportunity lasting a few milliseconds to reject an order after a client ‎commits to a trade at a quoted price. ‎

With oneZero Insights, the analysis results are available to the clients along with recommendations on how to configure their Institutional Hub to achieve their franchise objectives. Insights analytics can be used to create bespoke pricing functions for clients’ customers, segment their customer flow, deploy risk management and hedging strategies, and build liquidity pools for externalized hedges.

Subscribe

Read this next

Inside View, Institutional FX

Time for brokers to add options trading as volumes explode on high volatility

“Usually, adding options to the typical CFDs and equities offering leads to fragmentation of the platform technology as many brokers will need additional back-end and front-end components, and that could be an important barrier for them. Apart from that, legal hassle and costs associated with proper licensing of market data could be a barrier at first. We are seeing this trend among market data vendors and exchanges to make it easier and more affordable.”

Metaverse Gaming NFT

GCEX’s DeFi education and prime brokerage offering available in DubaiVerse

“We are excited to be part of the developments of The Sandbox and to join other top players in the region, including our regulator, Dubai’s Virtual Asset Regulatory Authority (VARA), as part of the DubaiVerse. This is a great opportunity to bridge the gap between Web3 early adopters and GCEX clients, building a community around Web3 and digital assets.”

Digital Assets

Circle wants Fed to back USDC stablecoin after “very serious stress test” with collapse of SVB

The collapse of Silicon Valley Bank allegedly proves Circle’s point that there is a need for its USDC stablecoin to be backed by the U.S. Federal Reserve with its U.S. dollars held at the Fed.

Digital Assets

Google searches for Crypto.com and Gate.io exploded by 300% amid FTX collapse

“The findings emphasize the importance of staying on top of market trends and being able to pivot strategies quickly and also offer valuable insights into the current state of the market and the behavior of traders, providing investors with valuable information to make informed decisions about their investments.”

Institutional FX

iS Prime reports £35m turnover, £16.2 million pre-tax profits, £37 cash balances

“We have plans in place to evolve the business over the next year, driving further growth for both iS Prime and for our clients.”

Industry News

Clearwater taps BNP Paribas to combine investment accounting/reporting solutions with custody

“We invite asset owners to explore our powerful, game-changing solution that fully leverages our award-winning technology platform and BNP Paribas’ suite of custody activities. Together with BNP Paribas, we aim to extend this solution to our key core markets.”

Executive Moves

XS.com hires ex-iFX EXPO Andreea Ilies as Global Head of Events

“I believe in 2023, events, trade shows and seminars will be of significant importance in the finance sector as we push forward with a more social and personalized approach to doing business.”

Executive Moves

FlexTrade hires ex-Fidessa Rajiv Shah as Head of Sales EMEA for sell-side OEMS, FlexOMS

“It’s an exciting time to join FlexTrade. From a business perspective, the firm has a demonstrable track record in creating and growing long-standing customer relationships through first-class support and a client-first approach. Alongside this, the advanced capabilities of FlexOMS make it one of the most compelling offerings available within the OEMS space.”

Digital Assets

DWF Labs invests $20 Million in Synthetix, token trading volume triples

Global Web3 venture capital and market maker DWF Labs has pledged an investment of $20 million to spur development in the growing ecosystem of Synthetix, a derivatives liquidity protocol on Ethereum.

<
✖