Tradeview’s Michael Venezia Talks Equity Trading, FCA Goes after Banks

Tradeview Markets’ Michael Venezia discusses the firm’s new equity offering – meanwhile, the FCA loads up for a series of fines against leading banks for FX manipulation.

Weekly Interviews

Michael Venezia, Head of the New Equity Trading Division at Tradeview Markets

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 spoke with Michael Venezia, Head of Equity Trading at Tradeview Markets, who detailed the genesis of his trading career and subsequent rise to become a key industry figure in the 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 realm. Read More Here

Wordwide FX’s Alex Galera Discusses FX Translation Industry

Alex Galera founded Wordwide FX in 2011. Mr. Galera and his team developed the idea of creating a translation business to cover the marketing and localization needs of the FX sector companies and, in short, help improve their communication strategy in such a dynamic sector. Read More Here

Key Executive Moves

Exclusive: Avi Abuganny Is Appointed New CEO of FXCM Israel

FXCM Israel has just announced that Avi Abuganny was selected as the new CEO of the firm. He previously served as the firm’s Head of Marketing and Retention Manager since 2010. Read More Here

Standard Chartered Hong Kong Appoints Woody Chan as Newest Head

Standard Chartered Bank Hong Kong Ltd has announced the hire of Woody Chan as its newest Head of Financial Markets for Hong Kong, who joins group from China’s Citic Bank. Read More Here

In Case You Missed It

FCA Triggers Penalties on Five Banks with £1.1 Billion Fine

The british regulator's arduous year-long forex rigging investigation has concluded with fines for Citibank, HSBC, JP Morgan, RBS and UBS for "undermining confidence in the UK financial system." Read More Here

British Pound Hits 13-Month Low after Bank of England Downgrades Growth Forecast

The Bank of England’s Governor, Mark Carney, outlined during his press conference after the publication of the central bank’s inflation report that hitting 1% inflation is much more likely than previously thought. Read More Here