oneZero Financial Systems, a provider of low-latency software for foreign exchange, commodities, crypto-currency and futures trading, has appointed Phil Weisberg as Strategic Advisor to better support institutional market participants.
Weisberg is an industry veteran with extensive institutional foreign exchange markets experience. He was most recently Chief Executive Officer of FXall and former Managing Director and Global Head of FX, Rates and Credit for Thomson Reuters. He also advises and invests in financial companies and founders through his advisory firm, Matzliach Capital.
Phil Weisberg commented on his appointment.
“As an early innovator and advocate for market ecosystems, I have watched the evolution of oneZero as an industry participant and have been impressed with the talent, passion, and integrity of their team. I have been truly impressed with the speed, reliability, and efficiency of their technology which can provide a competitive advantage for anyone they partner with. I am extremely pleased to join the company as an Advisor to help support oneZero’s rapid growth at this stage in their evolution as they expand their offerings. With the rapid change in global markets, I know oneZero is well-positioned and look forward to helping the company capitalize on its full potential and new opportunities”.
oneZero connects over 180 market participants through Liquidity Hub, which streams FX liquidity via FIX API into the most popular front-end trading platforms and custom-built trading systems. Its core technology solutions enable brokers, prime brokerages, and banks to centrally manage risk exposure, while allowing them to build customized liquidity pools for FX, CFD, and exchange-traded products.
Andrew Ralich, Chief Executive Officer of oneZero Financial Systems, said:
“We are thrilled to have Phil on our Advisory Board, given his focus on innovative financial markets and technologies and strong industry knowledge. Phil’s experience and perspective from scaling FXall over a decade and his unique market insights will be invaluable as we look to more fully leverage our core technology to support institutional market participants. We welcome his input and involvement.”
oneZero addresses a number of institutional trading needs, including low-latency trading environment, proven liquidity and reliable IT infrastructure and technical support, with its Liquidity Hub. Institutions can seamlessly deliver their liquidity to other end-customers through the hub, as well as manage their trading book and customize their liquidity through comprehensive credit, reporting and risk management tools.
oneZero is also a leading player in analytics and reporting as well as MetaTrader solutions ever since its institutional-level bridging technology to the MetaTrader 4 market in 2009. Now, its Liquidity Hub enables brokers to manage their MT4/MT5 businesses through an intuitive front end flexible enough to configure pricing and spreads, aggregate and route liquidity, and integrate with post-trade processors.
In an exclusive interview with The Industry Spread, Ralich said that with MT5, oneZero is “able to surface depth of market data, exchange-traded instruments and corporate action automation directly from the Hub.”