Multi-asset enterprise trading technology solutions provider oneZero has promoted Owen Tu to the position of its director of sales and relationship management.
The fresh elevation comes at a time when oneZero is pouring heavy investments into its analytics franchise, focusing on solutions for institutional brokers, regional banks, asset managers, PTF’s and their EcoSystem liquidity partners.
Owen has been with oneZero since November 2020, where he climbed through the ranks from regional relationship manager to other senior roles over the last three years. During this tenure, he was tasked with developing and maintaining relationships with institutional and broker clients.
Prior to that, Owen served as associate director at the prime brokerage services unit of Invast Global between 2017 and 2020. His responsibilities at Invast included global institutional account management and business development. He also developed new prospects, maintained client relationships and provided prime brokerage services to small hedge funds, prop trading firms, family office and retail brokers, his Linkedin profile states. Earlier in his career, he was a consultant at ConnectX Sydney Pty Ltd.
We last reported on oneZero when it secured the services of Stephen Totten as its director of quantitative analysis. Stephen brings to the role more than two decades of experience within the institutional FX space. He leaves a long tenure of 12 years at UniCredit, a pan-European commercial bank that offers its services in Italy, Germany, Central and Eastern Europe. There he worked his way up through several senior roles with the firm, culminating with the position of Global Head of eFX.
oneZero’s Data Source Insights product has been at the forefront of the broker-dealer trading technology provider’s activities. Among other things, the product provides a glimpse into the use of one of FX market’s most common, and potentially abusive, practices.
The ‘last look’ allows market makers get a final opportunity lasting a few milliseconds to reject an order after a client commits to a trade at a quoted price.
With oneZero Insights, the analysis results are available to the clients along with recommendations on how to configure their Institutional Hub to achieve their franchise objectives. Insights analytics can be used to create bespoke pricing functions for clients’ customers, segment their customer flow, deploy risk management and hedging strategies, and build liquidity pools for externalized hedges.