Society Financial Appoints Veteran FX Executive Tom Tragett as its New Chief Market Analyst
UK-FCA regulated agency, Society Financial has appointed veteran FX executive Tom Tragett as its new Chief Market Analyst. Mr. Tragett will help the company to augment the broker’s market information capabilities specifically in relation to clients while helping to generate a diverse blend of market reports, updates and analysis of overall company clientele.
Mr. Tragett has over three decades of experience in the FX brokerage space and in other financial services sector. He has spent a major part of his career as a currency strategist, consultant, and premier researcher. He traded FX, commodities, futures, options, and indices for own account as well as advised private and retail clients on FX trading strategies.
He has joined Society Financial from Fixi Plc in December 2018 which ceased its operation following consultation with the FCA. Earlier, he has worked with Fleet Street Publications for almost ten years and most recently he has served as the group’s editor of ‘Currency Wars Alert’ where he was advising retail customers on G10 FX trading strategies. Other companies where he held roles are ODL Securities, RZB London. In the earlier part of his career, Mr. Tragett has worked as Chief FX Trader at Asahi Bank London from 1998 to 2001, managing a small team of six traders and was also tasked with overseeing FX sales function.
Peter Karsten has been Appointed CEO of Offshore Broker IX Securities
A new FX and CFD broker called IX Securities has appointed Peter Karsten as its CEO. IX Securities is based in the Bahamas and is regulated by the Securities Commission of The Bahamas. The brokerage is registered in Nassau and is a part of the growing number of new brokerage operations that entered offshore.
The change was reflected in Mr. Karsten’s LinkedIn profile. Mr. Karsten has a deep experience of managing the FX brokerage affairs and was CEO of BDSwiss between February 2014 and November 2015. He then joined Infinox Capital as Commercial Director and London Capital Group as a Sales Consultant.
Offshore brokers mainly face the challenges of payments, and IX Security is currently managing its affairs with bank wires, 2pay4you, Western Union, Vload, Bitcoin, Fasapay and Perfect Money.