Life After PFG: Richard Clarke Appointed CTO At Direct FX Trading

For skilled FX technology professional Richard Clarke, last year's demise of his former employer PFG did not stunt his opportunities. Chicago-based Mr. Clarke has been appointed Chief Technology Officer of Direct FX Trading, a retail FX company which offers trading via the MetaTrader 4 platform, and is regulated by the Australian Securities and Investments Commission. Bringing with him a considerable amount of technical experience, Mr. Clarke previously held a one year position at a proprietary trading firm as a developer immediately subsequent to a four-year senior position as Manager of FX IT at PFG, where he had been responsible for heading the team behind the FX application suite including back office, customer portal, FIX API FIX API The Financial Information Exchange (FIX) API is a set of clearly defined rules and methods which are used to execute electronically transfers of any financial data. The protocol is widely adopted by the industry and is used by both retail and institutional traders, but mostly by the more professional-oriented side of the industry. Moreover, the protocol is supported by the FIX Trading Community which is a non-profit, industry-driven standards body. The company is regularly updating the protocol The Financial Information Exchange (FIX) API is a set of clearly defined rules and methods which are used to execute electronically transfers of any financial data. The protocol is widely adopted by the industry and is used by both retail and institutional traders, but mostly by the more professional-oriented side of the industry. Moreover, the protocol is supported by the FIX Trading Community which is a non-profit, industry-driven standards body. The company is regularly updating the protocol Read this Term, order routing and post-trade notifications, with his initial year, 2008, dedicated to systems development for the back office solution.

Mr. Clarke had moved to PFG following two years as a senior systems consultant at Magenic, and a stint at Bear Stearns in 2007 as Trading Systems Devloper. Having maintained his skillset within a specialist field, namely FIX and OME Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term connectivity, he had also carried out consultancy for Currenex, Integral Development Corporation and First Derivatives.