Admiral Markets Australia Announces New CEO

Admiral Markets has shared with Finance Magnates that it has appointed a new CEO for its Australia-based operation. Cristian Moreno took the helm of the company effective as of mid-January, while the news was released today, after the previous CEO of the company Andrew Stephens was scooped up by OANDA, also announced just hours ago.

Mr. Moreno said regarding his new role as CEO: "My trading life really began during my university days with options on Australian 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, then 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 currencies and later CFD's when they were introduced to the Australian retail space in 2004." He added, among other comments noted in the press release: "Admiral Markets vision is to provide the best quality, service and experience to customers wherever they choose to trade from. One of the ways the company achieves this is through the Education Academy - a truly unique program consisting of live classes, market analysis and custom trading strategies. My last two years directing education were rewarding on many levels and I'm confident that my role with Admiral Markets will add to this feeling."

The new chief executive for the firm brings a background across the FX industry from roles with GFT and YouTradeFX, which started from around 2001.