OANDA, a longtime player in the multi-asset retail trading industry, has elevated Rafał Słoń, its Head of Business Operations, to Managing Director for Australia. The task to lead the brokerage’s business in the country comes about three years after Słoń joined the company as Business Operations Lead.

Słoń, who brings over six years of forex trading industry experience to the role, has been serving the company as Head of Business Operations since November 2021. He was previously the Business Operations Manager for the Americas and Europe, the Middle East and Africa.

Słoń joined OANDA from IG Group he worked for nearly four years and last served as the New Business Team Manager, spearheading a team of new business consultants from the UK, Ireland and emerging markets. He also functioned briefly as a Business Development Consultant for OANDA.

Industry Veterans

In a different move, forex industry veteran Tim Rudland recently joined MultiBank Group as the Chief Risk Officer. He made the move after spending nearly two years at Liquidity.net, a London-based multi-asset Multi-Asset Composed of varying asset classes, multi-asset is a blanket designation combining different classes such bonds, equities, cash equivalents, fixed income, and alternative investments.When compared to traditional balanced funds, multi-asset solutions differ because they target specific investment outcomes. This includes outcomes such as return above inflation as opposed to gauging performance against standardized benchmarks.Given the composition of multi-asset classes, they need to be dynamically Composed of varying asset classes, multi-asset is a blanket designation combining different classes such bonds, equities, cash equivalents, fixed income, and alternative investments.When compared to traditional balanced funds, multi-asset solutions differ because they target specific investment outcomes. This includes outcomes such as return above inflation as opposed to gauging performance against standardized benchmarks.Given the composition of multi-asset classes, they need to be dynamically Read this Term liquidity provider.

Recently, Admirals hired veteran Daniel Skowronski, who has been active in the industry for over 25 years, as its Chief Revenue Officer. Until the appointment, the c-suite executive led sales development for the digital asset division of SquaredFinancial Group.

Furthermore, AvaTrade, which is based in Ireland, recently boosted its team by hiring Gabriel Michaeli, the Business Development Manager at Markets.com, as its Head of Sales and Retention. Previously, Michaeli worked for eToro, Firstlance Securities, Lead Capital Markets and Trade FXL.

OANDA Grows Business

Meanwhile, Słoń’s new role at OANDA comes at a time the broker is making moves to expand its business. The firm recently expanded its contracts for difference (CFDs) offering beyond European 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 to include popular US and UK stocks. The stock CFDs were introduced under the brokerage’s Global Markets division.

Moreover, OANDA recently moved its European operations base to Poland, noting that the step is “a significant growth opportunity for OANDA in the EU.”