AAX Adds Michael Newell to Its Advisory Panel
- He will be based in London and has 14 years of experience in the fintech sector.
Crypto exchange AAX on Wednesday has announced the appointment of Michael Newell as the advisor of the company.
Newell is a fintech veteran and is bringing around 14 years of experience to his new position.
He is a former chief technology officer at IG Group and also serviced the company as its chief operating officer. Prior to that, he founded and led his own online investment management company called InvestYourWay for around four years, which was then acquired by IG Group, along with Newell UK-registered robo advisory.
He also worked at Bat Global Markets for four years in two different positions - head of business and product development, and account manager - after his role at the London Stock Exchange Stock Exchange A stock exchange, also known as a securities exchange or bourse represents is a facility where stockbrokers and traders can buy and sell securities.This includes shares of stock, bonds, exchange-traded funds (ETFs), or other financial instruments. By extension, stock exchanges can also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividendsStock exchanges have developed into a permanent fixture in the fin A stock exchange, also known as a securities exchange or bourse represents is a facility where stockbrokers and traders can buy and sell securities.This includes shares of stock, bonds, exchange-traded funds (ETFs), or other financial instruments. By extension, stock exchanges can also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividendsStock exchanges have developed into a permanent fixture in the fin Read this Term as a technical account of manager. Newell started his career at IBM and later switched to Goldman Sachs as a technical analyst.
Commenting on the new role, Newell said: “AAX is the first company I had seen entering the digital asset exchange space with a truly institutional-grade offering. Powered by London Stock Exchange Group Technology, and with a management team that has a firm grasp of the challenges facing large institutions, I believe AAX is poised for success, and I’m delighted to be a part of it.”
A seasoned fintech expert
The Hong Kong-based exchange is aiming to Leverage Leverage In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders Read this Term Newell’s experience “to deliver a fully compliant, high-performing, and trusted venue for its retail and institutional investors.”
AAX made headlines earlier this year when it announced that it would use London Stock Exchange’s the trade-matching technology in its cryptocurrency exchange.
“We are privileged that Michael is joining AAX. He brings with him significant experience and knowledge of building robust, compliant and liquid markets, and we look forward to his counsel as we develop our platform,” Peter Lin, founder and CEO at AAX, added.
Crypto exchange AAX on Wednesday has announced the appointment of Michael Newell as the advisor of the company.
Newell is a fintech veteran and is bringing around 14 years of experience to his new position.
He is a former chief technology officer at IG Group and also serviced the company as its chief operating officer. Prior to that, he founded and led his own online investment management company called InvestYourWay for around four years, which was then acquired by IG Group, along with Newell UK-registered robo advisory.
He also worked at Bat Global Markets for four years in two different positions - head of business and product development, and account manager - after his role at the London Stock Exchange Stock Exchange A stock exchange, also known as a securities exchange or bourse represents is a facility where stockbrokers and traders can buy and sell securities.This includes shares of stock, bonds, exchange-traded funds (ETFs), or other financial instruments. By extension, stock exchanges can also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividendsStock exchanges have developed into a permanent fixture in the fin A stock exchange, also known as a securities exchange or bourse represents is a facility where stockbrokers and traders can buy and sell securities.This includes shares of stock, bonds, exchange-traded funds (ETFs), or other financial instruments. By extension, stock exchanges can also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividendsStock exchanges have developed into a permanent fixture in the fin Read this Term as a technical account of manager. Newell started his career at IBM and later switched to Goldman Sachs as a technical analyst.
Commenting on the new role, Newell said: “AAX is the first company I had seen entering the digital asset exchange space with a truly institutional-grade offering. Powered by London Stock Exchange Group Technology, and with a management team that has a firm grasp of the challenges facing large institutions, I believe AAX is poised for success, and I’m delighted to be a part of it.”
A seasoned fintech expert
The Hong Kong-based exchange is aiming to Leverage Leverage In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders Read this Term Newell’s experience “to deliver a fully compliant, high-performing, and trusted venue for its retail and institutional investors.”
AAX made headlines earlier this year when it announced that it would use London Stock Exchange’s the trade-matching technology in its cryptocurrency exchange.
“We are privileged that Michael is joining AAX. He brings with him significant experience and knowledge of building robust, compliant and liquid markets, and we look forward to his counsel as we develop our platform,” Peter Lin, founder and CEO at AAX, added.