Edgewater Markets Secures Rick Lloyd as Director of eFX Sales

Edgewater Markets, a provider of electronic foreign exchange (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) workflow management solutions, announced this week that it has secured Rick Lloyd as Director of eFX Sales.

In this position, Lloyd will be based in the company’s Singapore office. He joins Edgewater Markets from Thomson Reuters, where he was most recently a Senior FX Analyst & Asia Manager at the firm’s FX Buzz.

In fact, Lloyd brings with him more than three decades of experience in the forex industry, having worked for corporate and investment banks, trading spot, options, and forwards.

Commenting on his new role, Lloyd said: “I am very excited about joining the Singapore team at Edgewater Markets and look forward to the opportunity to contribute to the continued expansion of the company’s footprint in the Asia/Pacific region.

“The proprietary product offering, rapidly expanding global presence and customized end user trading solutions make Edgewater’s service offering very compelling.”

During his career, Lloyd has worked around the world. He has been a Proprietary Trader in FX markets at Royal Bank of Scotland. He was also the Head of G10FX Trading Desk at ABN AMRO Bank for Sydney and Singapore, a position he held for six years.

Prior to this, while based in Sydney, Lloyd was employed at Australia’s largest bank, the Commonwealth Bank. While here, he was Global Head Investor/Global Head of Spot FX Trading & Financial Institutions Clients. According to the statement, his desk was among the first to trade the euro common currency in 1999.

Edgewater continues to execute its hiring growth strategy

“The Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term of Edgewater’s hiring growth strategy is helping to ensure our clients seamless and direct access to FX markets throughout the world – providing our clients with optimal, efficient and low-cost FX electronic execution,” added Alex Scarsini, co-founder and President of the firm.

Lloyd’s extensive repertoire of experience also includes senior-level positions at Bank of America and Security Pacific National Bank, both in Los Angeles.