Integral Hires Lars Olesen as Head of EMEA

One of the most established technology providers for foreign exchange trading on the market is continuing to add talent to its team. Integral announced the hiring of Lars Olesen as Head of EMEA.

The seasoned industry veteran whose career spanned across multiple reputable companies will join in November. Throughout his 20 years tenure in the FX industry, Olesen worked at Citi, Saxo Bank, and Lloyds.

Lars’ career in the financial industry started all the way back in 1986 when he joined Swedish bank SE-Banken. After spending 16 years at Citi, where he was focused on foreign exchange and fixed income, he joined Saxo Bank in 2010.

After a brief stint at the Danish multi-asset brokerage and at MF Global, Olesen has been with Lloyds since the beginning of 2012. He will begin his tenure at Integral in the middle of November.

Strategy 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

Lars Olesen will drive the strategy and execution for all of Integral’s business in EMEA. Integral’s market share has been growing strong in recent months. Olesen’s reputation in the industry is that of a well-seasoned thought leader. His hire could well boost the position of the company going forward.

Commenting on the latest hire for the firm, the CEO of Integral, Harpal Sandhu said: ”Our network continues to expand, not only in additional bank and broker partners but also in talented industry leaders.

Integral’s new hire comes only a couple of weeks after the company announced the onboarding of Gavin Bambury as CTO. “Lars is a strategic hire for us as we accelerate and solidify our leadership position in EMEA,” added Sandhu.

Integral’s Growth in Market Share

Integral has been posting positive results steadily this year. The company is consistently reporting higher trading volumes figures when compared to a year ago.

Market Volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, or stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Trad In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, or stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Trad Read this Term has rebounded somewhat at the beginning of October. Rising trade tensions alongside emerging markets worries could lead to further trading activity down the road.