Edgewater Markets has announced the appointment of Brian Andreyko as chief product officer to its management team. Andreyko joins from TradAir, where he was chief business officer, managing the firm’s senior client relationships and global account and liquidity management. He has also held a number of senior positions including CEO of MakoFX/Liquidity Pool, EVP and […]
Profit & Loss talks to Vibhanshu Bahuguna, regional manager, APAC, at TradAir, about how technology is changing the FX businesses of regional banks, how firms should be differentiating between various white label product offerings and where to expect growth amongst EM currencies. Profit & Loss: The latest BIS figures show that the volume of FX […]
TradAir has appointed Russell Sears as chief revenue officer. He joins the trading front end solution provider having most recently worked in the FX industry at State Street, where he had a 13 year career. Most recently, Sears was global head of Currenex sales – a role he left in March 2015, during his time […]
Hex Trust, an Asia-based digital assets custodian, has selected TradAir to provide its clients with the ability to trade digital assets directly from the Hex Safe custody platform. Using blockchain technology along with a team of seasoned bankers and engineers, Hex Trust has built a licensed and insured digital custody solution for institutions. The firm […]
IS Prime has extended its liquidity distribution by connecting to TradAir. Utilising TradAir’s solution, banks and brokers can view and trade directly against IS Prime liquidity as well as utilise it to enable their clients to benefit from the pricing. “Expanding our distribution to TradAir’s client base on a disclosed basis allows us to provide […]
Alior Brokerage House, the FX brokerage trading arm of Poland’s Alior Bank, has selected TradAir as a technology provider for currency trading. Grzegorz Femiak, trading platform expert at Alior Bank, says: “We were looking for an additional solution for our e-FX service which would provide an improved execution at a friendliest cost. With direct market […]
TradAir has completed an $11 million Series D round, led by new investors GF Investments and the family office of Harvey Golub, former chairman and CEO of American Express. Existing investors, including Long Ridge Equity Partners and Viola Ventures, continued with their support and added to their investment in the round. Although it has not […]
TradAir customers will now be able to leverage the over-the-counter (OTC) trade settlement services for digital assets recently launched by Seed CX’s subsidiary, Zero Hash. The Zero Hash settlement service allows firms to settle both digital asset and fiat trades, widen the number of counterparties with whom they can trade and streamline reconciliation, reporting and […]
TradAir is revamping its business to offer technology solutions for the crypto market, a move that coincides with senior management changes at the firm.
When TradAir co-founder, Illit Geller, stepped down as CEO of the firm in June 2017, co-founder, Ayal Jedeikin stepped in to lead the company until the role of CEO was filled by Viral Tolat in May 2018.
However, Tolat has now vacated this role, resulting in Jedeikin once again taking the reins. Profit & Loss understands that Tolat will remain a “strategic advisor” to the TradAir board.