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

Executive Moves

Finalto recruits Antony Parsons as head of liquidity

Finalto, the financial trading division of Gopher Investments, is making a broader push into the liquidity provision space, culminating in a new appointment focused on expanding the business into new markets.

Digital Assets

Huobi introduces Tether’s stablecoins pegged to euro, gold

Huobi, the world’s sixth-largest crypto exchange by trading volume, is set to introduce for its clients two stablecoins representing ownership of physical gold and Euro-pegged tokens.

Retail FX

Saxo Bank reports lackluster volumes for November; FX up 40% YoY

FX trading volumes through Saxo Bank’s platforms improved slightly in November, extending its volatile curve as investors continued to weigh central banks’ policy against concerns over a global economic slowdown.

Executive Moves

CMC Markets taps Finalto’s Julia Free to head UK compliance

CMC Markets PLC (LSE:CMCX) has onboarded Julia Free as its newest head of UK compliance as part of a broader organizational reshuffling at the UK’s biggest spread better.

Digital Assets

Ankr successfully patches hack, will reimburse victims and take actions to prevent further attacks

DeFi protocol Ankr plans to reimburse its affected users after a hacker managed to exploit a bug in its code that allowed for unlimited minting of its liquid staking token.

Industry News

ASIC cancels/suspends AFS license of AFSL Group and Quantum Funds Management

ASIC canceled the AFS license of AFSL Group because it failed to lodge statements and audit reports and it did not maintain AFCA membership. The Australian regulator suspended Quantum because it does not have the required professional indemnity insurance coverage.

Executive Moves

BidX Markets hires Shaun French as Research Analyst – Multi Asset

“We believe with his background in the Financial Markets and being based in Dubai, he will be able to provide our clients with access to outstanding research, while also being in a great location to help support our international clients base which is growing at a rapid pace’’.

Institutional FX

Nasdaq migrates US options exchange to AWS with +10% performance in round-trip latency

Nasdaq has announced the successful migration of the core trading system of Nasdaq MRX – one of its six U.S. options exchanges – to Amazon Web Services (AWS).

Institutional FX

TraditionData launches oil swaps pricing data at a critical time in OTC oil traded markets

TraditionDATA has announced the release of a new proprietary Oil Swap Model (OSM) which brings further visibility into illiquid and opaque oil markets.

<