Day: 3 May 2018

Mount Joins Cryptalgo’s Advisory Board

Cryptalgo Holdings, a company focused on cryptocurrency algo trading and high-end cryptocurrency brokerage services to financial institutions, announced today that Ed Mount was appointed Chief Advisor, Trading Technologies.

Mount is Co-Founder of Elysium Technology Group, which provides FX risk management and post-trade processing systems designed for financial institutions. Previously, he served as Managing Director and Global Head of Electronic FX Trading at both Nomura and Royal Bank of Scotland, and Global Head of Commodities and Precious Metals for UBS and Swiss Bank Corporation. He also was a co-founding partner and portfolio manager with Elysium Capital Group from 2001-2007.

CVC Capital Partners Acquire Oanda

Private equity group CVC Capital Partners’ Asia Fund IV has had an offer accepted to acquire all of the outstanding equity of online retail trading technology and analytics provider Oanda Global Corporation.
Terms of the deal were not disclosed and it is subject to regulatory approval. Under the new ownership, Oanda will continue to be led by CEO, Vatsa Narasimha.
Siddharth Patel, senior managing director at CVC, says, “We look forward to working closely with Vatsa and his team as we help support Oanda, especially in Asia, in making strategic acquisitions and in investing to further broaden its product set.”

A Closer Look At: A New Approach to Commodities

Ronan Julien, global head of commodity derivatives e-distribution at BNP Paribas, talks about how the bank is doing things differently in the commodities space.

Profit & Loss: What do you think is differen about your approach to listing commodities on your e-trading platform?

Ronan Julien: The way that commodities trade is largely the same as it was 10 years ago. However, the demands from clients on the one side and regulators on the other have continued to evolve and so we looked to other asset classes for inspiration to help solve this disconnect.

And Another Thing…

A few of you have been in touch to say you couldn’t make the Insights call on Tuesday but were still keen to hear my thoughts on Mark Johnson being handed down a two year jail sentence. As flattering as it is to have people want my opinion on it, I really only want to go into brief details because firstly there are things better left said on an informal, off-the-record call, and secondly, you should have been on the call!