Saxo Bank Secures Jeff Zorek as COO of Global Sales

Saxo Bank has seen another key appointment to its executive team, this time expanding its Global Sales team in a bid to help foster its strategic trading landscape and growth - Jeff Zorek joins the multi-asset broker in the newly created role of Chief Operating Officer (COO) of Global Sales with immediate effect, according to a Saxo statement,

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.

In his new role as the COO of Global Sales, Mr. Zorek will be based out of Saxo’s London office – he will be reporting to the group’s Global Head of Sales, Matteo Cassina. In this position, Mr. Zorek will maintain an instrumental role in helping engender Saxo’s business model not only in the region, but also by helping steer its trading landscape for both institutional and private investors.

He joins Saxo Bank after garnering a three-decade long career throughout the financial services industry. He has seen senior appointments at leading lending institutions, such as Nomura International as its Global Co-Head of Prime Brokerage, as well as additional stints at Goldman Sachs and Lehman Brothers, among others.

According to Mr. Cassina in a recent statement on the appointment: “Jeff’s appointment is a significant step in our journey towards becoming a key financial markets facilitator for clients looking to adapt their business models to the new trading environment through access to Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term, product innovation and scale.”

“As a leader in innovation and trading technology, and an agile financial market facilitator, Saxo is uniquely placed to bridge the gap between traditional finance and fintech innovation,” he added.

“The range of what Saxo can do today, from developing a robo-advisory solution for retail investors and partnering with large asset managers to bring innovation to the marketplace, to providing access to liquidity through its prime of prime service is impressive and the potential is huge. I am thrilled to be part of the business at this exciting stage of the journey,” noted Mr. Zorek in an accompanying statement.