TradeNext Taps Steven Woodcock as Its Head of Trading

Multi-asset provider of margin derivatives, TradeNext has appointed Steven Woodcock as its newest Head of Trading, who will be based out of the company’s head office in London.

Mr. Woodcock’s appointment heralds a movement to help steer the company into 2015 amidst a period of 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 and overall uncertainty, potentially causing headwinds for the trading industry.

In his new role as the Head of Trading at TradeNext, Mr. Woodcock will be based out of London, where he will be reporting to Larry De Souza, the firm’s Director of Sales and Trading.

Mr. Woodcock is an FX industry veteran, having worked at numerous trading and Risk Management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term operations over his career. He has previously held senior level roles at Broadgate Mercury, Swiss Finance Corporation Ltd, and Credit Lyonnais Rouse.

According to a recent statement from Steven Woodcock on the appointment, “the currency markets have enjoyed a bumper year as far as movement is concerned, the US Dollar has managed to break above some long term downtrend levels and has given the impression we could be in for some Dollar strength throughout the coming months. It looks like more volatility and uncertainty will be the way for the near future.”

“Steve is a valuable addition to our dealing and risk management operation, his vast knowledge and expertise will strengthen our front and back office framework. We are an ambitious firm so it is important for us to continue to add quality personnel what have strong industry knowledge and are experts at their field,” added Mr. de Souza in an accompanying statement.