Exclusive: OANDA's Managing Director Jesper Bruun-Olsen Departs

A major executive change in the Far East for Oanda has occurred recently as the broker had to part ways with Jesper Bruun-Olsen Managing Director North East Asia.

Speaking with 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, Rajesh Yohannan, Managing Director and CEO, OANDA Asia Pacific commented: "Jesper Bruun-Olsen has left OANDA to pursue new career opportunities. He joined OANDA in December 2012 as the Managing Director of OANDA Japan, leading our expansion in the region and driving impressive growth for the company. We wish Jesper all the best, and thank him for his contributions and leadership. Even through the tough market conditions of the last 18 months or so, our business in Japan has performed well. Japan continues to be a country of focus for OANDA, and we'll continue to develop and localize products for Japanese traders."