Nick Bortot Named CEO of BUX

Nick Bortot has been appointed as the CEO of BUX, the recently launched gamified trading app for Equities Equities Equities can be characterized as stocks or shares in a company that investors can buy or sell. When you buy a stock, you are in essence buying an equity, becoming a partial owner of shares in a specific company or fund.However, equities do not pay a fixed interest rate, and as such are not considered guaranteed income. As such, equity markets are often associated with risk.When a company issues bonds, it’s taking loans from buyers. When a company offers shares, on the other hand, it’s selling pa Equities can be characterized as stocks or shares in a company that investors can buy or sell. When you buy a stock, you are in essence buying an equity, becoming a partial owner of shares in a specific company or fund.However, equities do not pay a fixed interest rate, and as such are not considered guaranteed income. As such, equity markets are often associated with risk.When a company issues bonds, it’s taking loans from buyers. When a company offers shares, on the other hand, it’s selling pa Read this Term and other asset classes in both the United Kingdom and the Netherlands.

BUX was co-founded by Mr. Bortot, along with, Robbert Bos, Joost van de Wijgerd and Egbert Pronk – the Netherlands-based firm is funded by Orange Growth Capital. In his new role, Mr. Bortot will be responsible for expanding BUX’s influence in both the UK and the rest of Europe, as the company presently holds a European license.

Prior to BUX, Mr. Bortot was one of the integral executives at BinckBank, an online broker in the Netherlands, where he spent nearly 5 years on the executive committee. In addition to this role, he worked at BinckBank since 2000, serving in other roles positons such as Head of e-Brokerage, Marketing Director, Managing Director, among others.

According to Mr. Bortot in an exclusive statement to 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 Magnates, “we wanted to started something new at BUX – we originally wanted to form elements of our team with social, gaming, and messaging backgrounds, a nice cocktail of people. Out of the 16 people here only 3 have a financial background.”

In terms of BUX’s product offering, “we see stock trading as an exciting game, where practice makes perfect, rather than a way of making a fast buck. Before investing was seen as something mysteriously complicated that only your dad would be involved in. We set up BUX as we felt that the time had come for an app that makes trading accessible to everyone. After years of pessimism, 'we want to bring the fun back into finance,” added Mr. Bortot in an accompanying statement.