FX Head, James Watson, Parts Ways with Thomson Reuters & FXall

James Watson, the Head of FX Transactions for Europe, the Middle East and Africa (EMEA), has parted ways with Thomson Reuters and FXall and is reportedly en route to another unnamed firm.

Thomson Reuters and its 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 affiliate FXall have been experiencing a resurgence in FX volumes over the past few months, on the heels of lackluster metrics that have engulfed the industry. In addition, Thomson Reuters has also made headlines with its matching rules on Forex spot, following in the footsteps of EBS.

Mr. Watson has been a stable presence at FXall since 2012, where he served as Head of EMEA – furthermore, this past January, he also ascended to the role of Head of FX Transactions for EMEA at Thomson Reuters following the sale of FXall to Thomson Reuters in 2012. In addition, Mr. Watson has held 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).

It is thus far unclear where Mr. Watson’s next destination will be. Forex Magnates reached out to Mr. Watson who was unavailable for comment.