Exclusive: James Watson Lands at Pioneer Trader Ltd Following FXall Departure

Following his departure from FXall and Thomson Reuters, ex-FX Chief James Watson has landed at Pioneer Trader Ltd, where he will take over as the Managing Director.

Pioneer Trader Ltd (PTL) is authorized by the Financial Conduct Authority (FCA) and specializes in 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, commodities, CFDs and futures, among other instruments. PTL effectively acts as an introducing broker to Abu Dhabi-based ADS Securities – ADS’ parent company maintains a majority stake in PTL.

Mr. Watson joins Pioneer Trader Ltd from Thomson Reuters and FXall, where he served as the Head of FX Transactions for Europe, the Middle East and Africa (EMEA). Prior to those positions, Mr. Watson held various senior level positions at Morgan Stanley (Executive Director) and Société Générale Corporate and Investment Banking (Head of Electronic 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 Sales). In his new role, Mr. Watson will focus on developing market shares and fostering a more robust product range across several asset classes including Forex.