Bats Global Markets Secures Jonathan Watras as its Director of FX Sales

Bats Global Markets, Inc. has reinforced its New York operations with the addition of Jonathan Watras as its newest Director of Foreign Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term Sales, who steps into his role with immediate effect, Finance Magnates has learned.

In his new role as a Director of FX Sales at Bats, Mr. Watras will be based out of the group’s New York office. He joins the group after more than a decade in the FX space, having worked at a number of leading venues in the industry. Prior to coming over to Bats, Mr. Watras worked at Currenex as its Vice President of FX Sales, a position he held for nearly three years in New York.

The new world of Online Trading Online Trading Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Read this Term, fintech and marketing - register now for the Finance Magnates Tel Aviv Conference, June 29th 2016.

Bats made headlines last week after it reported the initial results from its listing on Bats BZX Exchange. The company had increased the size of its offering amid healthy demand with the initial consideration to post 11.2 million shares being amended to 13.3 million shares. With a price of $19 per share the initial public offering of BATS Global Markets is valuing the company at about $1.8 billion. This is materially higher than the $760 million value at which the company was aiming to go public only 4 years ago.