Neil McDonald appointed OANDA Head of Trading

North American multi assset trading services firm OANDA Corporation has announced that Neil McDonald has joined the firm as Global Head of Trading and Quantitative Analytics. Based in New York, Neil will be responsible for driving the strategic growth of OANDA’s electronic trading business as well as leading the global trading, quantitative analytics, and research […]

OANDA's expansion plans: Are they becoming a bank?

North American multi assset trading services firm OANDA Corporation has announced that Neil McDonald has joined the firm as Global Head of Trading and Quantitative Analytics.

Based in New York, Neil will be responsible for driving the strategic growth of OANDA’s electronic trading business as well as leading the global trading, quantitative analytics, and research groups.

Ed Eger, President and CEO of OANDA Corporation, said: “Neil’s 30 years’ experience in trading and the financial services sector is a tremendous addition to OANDA’s leadership. With Neil joining the team, I know we can continue to deliver the best execution and trading experience for clients across the globe.”

Neil most recently was a Managing Director for financial technology firm Investment Technology Group, Inc. (NYSE: ITG).

Previously, he was a Managing Director and Global Head of Electronic Market-Making and Head of US Derivatives Trading for JP Morgan.

Neil has also held senior roles at Citadel, Morgan Stanley, Lehman Brothers, and Goldman Sachs.

Neil said: “OANDA has an enviable reputation for providing its traders with the technology, the advanced tools, and the resources that help them get the most out of trading. As a member of the executive leadership team I’m looking forward to playing a key role in furthering all OANDA has done for the industry and its clients.”

Read this next

Digital Assets

Bybit exits UK market ahead of regulatory changes

Bybit is suspending its cryptocurrency services for users in the United Kingdom due to impending regulations from the country’s Financial Conduct Authority (FCA).

Digital Assets

Binance argues SEC trampled authority set by Congress

Binance, Binance.US, and Changpeng Zhao have jointly filed to dismiss a lawsuit brought by the Securities and Exchange Commission (SEC) in June.

Uncategorized

Oscar Asly replaces Rasha Gad as CEO of M4Markets Dubai

Seychelles-regulated brokerage firm M4Markets has secured a license from the Dubai Financial Services Authority (DFSA) after it has already incorporated its new subsidiary in the Dubai International Financial Center (DIFC).

Retail FX

Capital Index UK reports mitigated loss despite revenue drop

FCA-regulated brokerage firm Capital Index (UK) Limited has released its annual financial report for the year 2022.

Digital Assets

Mike Novogratz’s Galaxy Digital expands in Europe

Galaxy Digital, the New York-based cryptocurrency financial services company founded by Mike Novogratz, is expanding its presence in Europe by appointing Leon Marshall as its first European CEO.

Metaverse Gaming NFT

Turingum Partners with MarketAcross to Drive Web3 Adoption in Global and Japanese Markets

Global blockchain PR leader MarketAcross joins forces with Japanese Web3 specialist Turingum to mutually expand its market reach, aiming to fortify Turingum’s worldwide footprint and MarketAcross’s presence in the lucrative Japanese blockchain landscape.

Digital Assets

Binance to delist all stablecoins in Europe next year

During a public hearing with the European Banking Authority (EBA), an executive from Binance said that the exchange could ultimately delist stablecoins from its European platforms by June 30, 2024.

Industry News

“Unconscionable conduct”: ASIC fines National Australia Bank $2.1m for overcharging customers

NAB faces a $2.1 million penalty for unconscionable conduct, as the Federal Court rules the bank knowingly overcharged customers, and took over two years to rectify the situation.

<