OANDA Promotes Philip Waters to Head of APAC and Emerging Markets

Finance Magnates has learned that Philip Waters has been promoted to Head of APAC and Emerging Markets at OANDA, a major global retail trading Retail Trading In finance, retail trading refers to individual traders, trading through a broker, or on a platform. This can include novice traders and experienced traders. Trading and investing are divided into two categories, retail and institutional. Institutions include investment banks like JP Morgan or Citibank and global central banks like the US Federal Reserve and the European Central Bank. When we talk about retail trading however, we usually are referring to forex trading, but there are retail trade In finance, retail trading refers to individual traders, trading through a broker, or on a platform. This can include novice traders and experienced traders. Trading and investing are divided into two categories, retail and institutional. Institutions include investment banks like JP Morgan or Citibank and global central banks like the US Federal Reserve and the European Central Bank. When we talk about retail trading however, we usually are referring to forex trading, but there are retail trade Read this Term firm. According to an update on LinkedIn, he has been working at the firm as Head of Emerging Markets for over two years.

He held the same role while working at IG Singapore between 2019 and 2020. Also, Waters was employed by IG for over eight years since 2010, when he began working as a Credit Risk Officer. Between 2011 and 2014, he worked as a Credit Risk Supervisor for the broker.

Moreover, Waters was in charge of the UK and Australia’s regions as Credit Risk Manager between 2014 and 2016, and afterwards, he was promoted to Commercial Executive, where he worked for over one year. In 2017, Waters was promoted to Head of Emerging Markets, where he was responsible for maximizing the revenue generated from countries where the firm did not have a physical presence.

Prior to joining IG, he worked as a Credit Advisor for Lloyds TSB. According to his educational background, Waters earned a Bachelor of Arts in Business Administration and Management from the University of Brighton.

“Very pleased to be taking on a new role as Head of APAC & Emerging Markets for OANDA. Cannot wait to get even more involved in this thriving region. Exciting times,” he commented on LinkedIn.

Recent OANDA Executive Moves

Today, OANDA promoted Mark Chesterman to Chief Risk Officer. He was previously the Head of Trading with the brokerage firm. Chesterman joined OANDA in November 2019. He is based in the United Kingdom and has already taken over the new role and responsibilities.

He is a financial industry expert with solid experience in the trading and 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 derivatives sector. He describes himself as someone with “a background in strategy, business management, trading and product development.” Additionally, he led B2B and B2C teams, targeting a global client base.