BNP Paribas Adds Veteran, Petra Wikstrom as Its Global FX Head

BNP Paribas has appointed longtime 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 standout, Petra Wikstrom, as its newest Global Head for FX in a move to help optimize the group’s FX strategy, quantitative and Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term solutions.

Ms. Wikstrom has been in the business for over 15 years, working at some of the leading financial institutions worldwide. In her new role as Global FX Head, she will be reporting to Suzanne Evans, Head of Institutional FX Sales. Ms. Wikstrom will be primarily tasked with the FX Alpha and Execution solutions, whilst also helping structure its FX division and develop a variety of solutions.

Ms. Wikstrom joins BNP Paribas after steadfastly rising through several other groups – her latest stop was Morgan Stanley, where she served as Executive Director, Head QSI for North America. Prior to this, she also maintained senior roles at RBS. She maintains roots with BNP Paribas, having originally worked as a Quantitative Analyst for two years back in 2001.