Society Financial Hires Tom Tragett as Chief Market Analyst

FCA-regulated firm Society Financial has appointed FX veteran Tom Tragett as chief market analyst, who joins the team with over three decades of experience in the financial services industry.

In his new role at Society Financial, Tragett will help focus on augmenting the broker’s market information capabilities, specifically in relation to clients, while also generating a diverse blend of market reports, updates, and analyses for the company’s overall clientele.

Tragett has spent the multitude of his career as a currency strategist, consultant, and premier researcher. He also traded FX, commodities, futures, options, and indices for own account and advised private/retail clients on FX trading strategies.

Tragett joins Society Financial from Fixi PLC, which ceased operations in December 2018 after consulting with the FCA and had its client funds frozen by the UK financial regulator.

Prior to joining Fixi PLC, he worked with Fleet Street Publications where he held various editorial roles for almost ten years. Most recently, he served as the group’s editor of ‘Currency Wars Alert' where he was advising retail customers on G10 FX trading strategies. He also spent six years leading the company’s '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 Insider Daily' publication.

Prior experience dates back to 1976

Past stops include ODL Securities where he was trading in house using client funds under the Forexmax brand, and proprietary FX trader at RZB London, among others.

The vast majority of his positions have been relegated to the field of foreign 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 (FX). During his tenure with several brokers, he hosted numerous investor/trader shows and events. He also hosted all-day seminars and workshops and published technical/fundamental analysis, his LinkedIn shows.

Earlier in his career, Tragett worked as Chief FX Trader at Asahi Bank London from 1998 to 2001, where he managed a small team of six traders and was also tasked with overseeing FX sales function.