Devexperts Adds Jon Light as VP of Trading Solutions

Devexperts, one of the leading platform technology developers in the foreign exchange (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) industry, has managed to recruit Jon Light, an FX industry professional, to its operations in Bulgaria.

Jon Light has taken on the position of Vice President of Trading Solutions with the company. He commenced this position on the 4th of March this year and is based in Sofia, Bulgaria, Devexperts confirmed to Finance Magnates.

Before working for the FX technology company, Light was working as the Head of Product at Cobalt, a financial technology start-up focused on the institutional forex market. Here he was employed for more than two years and was based in the United Kingdom, his LinkedIn states.

In fact, Light has held numerous positions working in FX product management during his career. Before he was at Cobalt, he was at Markit, a financial information and services company, where he was a Director for FX Product Management from December 2013 until February 2017.

Prior to this, Light was at CFH Clearing Limited, a 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 provider. During his two-year stint with the firm which ended in December of 2013, he was the Head of Trading Solutions, based in London.

According to his LinkedIn profile, Light began his career in June of 2005 as a Technical Analyst at Marex Financial, a position he held for little over a year. From here, he then went on to work for its parent company, Marex Spectron, as the FX Solutions Manager.

Devexperts in Bulgaria

As Finance Magnates recently reported, in August of last year, Devexperts opened a new research and development center in Sofia, Bulgaria. The new R&D center is headed by Viktor Andonov, an IT industry veteran.

Headquartered in Munich, Devexperts provides specialized capital market software solutions. Its clients are primarily retail and institutional brokers, banks, wealth management firms, as well as stock and crypto exchanges. The firm, which was founded in 2002 and currently has over 400 employees, also has R&D centers in Munich, Antalya, and Porto.