OANDA names Lucian Lauerman Head of Solutions for Business

Maria Nikolova

Based in London, he will be responsible for the strategic growth of the firm’s corporate offering.

Provider of online multi-asset trading services and currency data and analytics, OANDA Global Corporation is pleased to announce the appointment of Lucian Lauerman as Head of Solutions for Business. Based in London, he will be responsible for the strategic growth of the firm’s corporate offering, which delivers cutting-edge foreign exchange technologies and services to leading companies around the world.

Lauerman brings with him more than 20 years’ experience in the financial services industry. He joins OANDA from Saxo Bank, most recently serving as Global Head of Electronic Distribution following a term as Head of the API Business. He has previously worked with several prestigious institutions including Lloyds Banking Group, GL Trade – Capital Markets Solutions and FNX Limited.

Chief Operating Officer, Kurt vom Scheidt said, “A seasoned professional, we’re delighted to welcome Lucian to the OANDA team. Given his deep-seated knowledge of the FX market and electronic trading sector, he is perfectly placed to further build on the foundations of our corporate and institutional solutions, driving company growth through technological innovation in the years to come.”

Lauerman added, “Trusted for accuracy and reliability by top audit firms, accounting teams and thousands of corporations globally, OANDA Rates® are acknowledged by several tax authorities and governmental agencies and are widely considered the gold standard in exchange rates data. As such, I’m delighted to be joining such a dynamic firm with a well-established reputation for helping companies mitigate risk and protect their bottom line. I am looking forward to helping grow the business in the future.”

The OANDA Exchange Rates API provides access to daily averages, spot and forward rates, central bank exchange rates and tick-level data for 38,000+ currency pairs, over 200 currencies, commodities, and precious metals, as well as exchange rates sourced from 25 central banks and historical currency rates that date back to 1990.

The company leverages its access to a full range of interbank liquidity, proprietary trading technology and pricing algorithms to calculate accurate exchange rates based on actual forex transactions, giving users a true reflection of the forex market and enabling enterprise platforms to automate critical processes requiring currency rate conversion.

Meanwhile, OANDA Money Transfer and OANDA Corporate FX Payments provide international money transfers and FX risk management solutions to individuals and corporations, respectively.

The OANDA Exchange Rates API and related products are available through OANDA Corporation.

Read this next

Retail FX

Scope Markets doubles down on Middle East: AED accounts ahead of GCC Equity CFDs

“To bolster our footprint in this thriving ecosystem, it was a strategic imperative to integrate AED accounts and introduce a slew of CFD equities reflecting the GCC landscape. This not only appeases the domestic audience but also beckons international investors aspiring to delve into these dynamic markets.”

Market News

Navigating the Complex World of Central Banks: Inflation, Rates, and Economic Growth

Inflation continues to loom large over both European households and businesses, leaving central banks in the region grappling with a prolonged battle to reach their target levels.

Institutional FX

QUODD partners with Blue Ocean for real-time after-hours market data

“Investors are increasingly global, and market data providers like QUODD are facilitating access to data that enables global traders to invest in US markets. Partnering with top-tier fintech providers like QUODD allows Blue Ocean to extend its reach to a new demographic of investors.”

Retail FX

Moomoo Canada launches pro-level tools, free Level 2 data, and affordable US stock trading

“Being a real social trading platform in Canada, we cultivate a unique ecosystem helping our users grow… The world is eager to hear the voice of Canadian individual investors, and we look forward to more contributions from Canadian investors in our moo community.”

Industry News

CFTC sues Patrick Wonsey for $3.4 million FX and binary options scam

Wonsey allegedly diverted these monies for personal use and orchestrated payouts to other pool participants, mirroring a classic Ponzi scheme.

Digital Assets

MoneyGram to launch non-custodial digital wallet

“In collaboration with SDF, MoneyGram has been working towards creating equitable access to the global financial system. With the introduction of this non-custodial digital wallet, we are further emphasizing our commitment to providing consumers with a bridge to the digital economy while upholding our brand’s integrity for speed, efficiency, and trust.”

Digital Assets

Binance exits Russia as part of crypto exchange’s compliance strategy

“As we look toward the future, we recognize that operating in Russia is not compatible with Binance’s compliance strategy. We remain confident in the long-term growth of the web3 industry around the world and will focus our energy on the 100+ other countries in which we operate.”

Technology

ECNG Digital taps iDenfy for AI-driven ID verification for user onboarding

“In the realm of virtual currency exchange and payment services, the real challenge lies in balancing fraud prevention with swift identity verification. Our mission is to guide ECNG Digital on this path, ensuring precision while accelerating understanding.”

Retail FX

Verification On eToro Explained: Step By Step Guide

Traders Union emphasizes the importance of eToro’s verification process as a pivotal step in ensuring a safe and compliant online trading experience.

<