Anish Satinder Lal Joins BlackBull Markets as Head of FX and Metals

BlackBull Markets has secured Anish Satinder Lal, to act as Head its FX and Metals division.

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Headquartered in Auckland, New Zealand, BlackBull Markets is a retail FX brokerage, offering financial services across the FX, CFD, and commodities sectors.

As part of the company’s expansionary efforts, BlackBull has onboarded Anish Satinder Lal to manage the company’s FX and metals operations. Mr. Lal brings with him a sound financial background, highlighted by a one-year stint with ADS Securities, as a Sales Trader.

Further exemplifying his experience in the FX and Metals industries, was Mr. Lal's period of employment at Atom8. The London headquartered retail and institutional Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term brokerage offers both spot FX trading, as well as FX services in an ECN capacity. Mr. Lal's official role with the company was classified as FX and Metals Sales Trader.

Prior to his time at Atom8, Mr. Lal partook in two relatively short stints with UK based firms. He took a position as a Junior Accountant at e-Careers Limited, before departing to take on an Options Sales position at OneTwoTrade. The length of each of these tenures lasted 3 months and 10 months, respectively.

Mr. Lal's position at ADS Securities likely contributed to his level of expertise in the field, and presumably was a leading factor in the hiring decision by BlackBull Markets.

In an exclusive statement to Finance Magnates, Mr. Lal commented on his new opportunity: "BlackBull Markets presents an exciting opportunity in a growing part of the financial services world. The New Zealand jurisdiction provides traders an alternative solution to the EU and arguably as stringent governance. I join at a time of expansionary growth (especially in Asia) and my aim is to help support the future business strategies of BlackBull Markets."

BlackBull Markets was established in 2014, with a goal of providing retail FX traders with access to institutional level offerings. According to the company website, BlackBull offers an ECN brokerage setting, permitting traders to open positions as large as 100 lots per trade.

The maximum Leverage Leverage In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders Read this Term across any of the broker’s assets is 500:1, far exceeding recent levels of brokers that have adhered to regulators’ requests to minimize the risk capacity of its clients.