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.”

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