Goldman Sachs has lost two senior professionals within its foreign exchange (Forex) trading unit, with Nick Smith and Kristian Brauten-Smith leaving the firm to create SportStack, a sports spread-betting company, Finance Magnates has learned.
Based in London, Smith was employed at Goldman Sachs for almost three years. He originally joined in June of 2016 as a G10 FX Traders, before moving up the ranks to become an Executive Director in December of last year.
As of this month, Smith is now the Founder and Chief Executive Officer (CEO) of SportStack, where he, along with Brauten-Smith are “building the future of sports betting,” his LinkedIn states.
Brauten-Smith’s tenure at Goldman Sachs spanned for seven years and eight months, beginning back in July of 2011 when he joined as a G10 FX Spot Trader in an Analyst role.
After three years, he was promoted to an Associate in the same role and then in December of 2016 he went on to become the Vice President of G10 FX Spot Trading at the firm. At SportStack, Brauten-Smith is the Co-Founder and Chief Operating Officer (COO), also based in London.
SportStack to Change What People Bet On
According to the company’s LinkedIn page, SportStack is: “A sports focussed fin-tech company launching the worlds first Sports Trading Exchange to bet and speculate on player performance EVERY match, EVERY season.”
Instead of just betting on the outcome of a match, which Smith states is simply gambling, SportStack will give people the opportunity to speculate on the performance of big players such as Harry Kane or Tom Brady. The underlying missing of the company is not to change how people bet, but what they bet on.
Smith, the CEO of the company, explained the company’s mission in an article on LinkedIn last week: “You can spread-bet the FTSE falling this afternoon or you could speculate that Bitcoin will bounce back this year."
“Why should speculating on Harry Kane or Tom Brady underperforming this weekend or having a great end to their season be any different? Well we don't think it should be and believe you should be able to speculate on the performance of professional athletes and teams every match across every season.”
SportStack, while not yet operational, asks interested parties to join its waitlist at www.sportstack.com.
Goldman Sachs has lost two senior professionals within its foreign exchange (Forex) trading unit, with Nick Smith and Kristian Brauten-Smith leaving the firm to create SportStack, a sports spread-betting company, Finance Magnates has learned.
Based in London, Smith was employed at Goldman Sachs for almost three years. He originally joined in June of 2016 as a G10 FX Traders, before moving up the ranks to become an Executive Director in December of last year.
As of this month, Smith is now the Founder and Chief Executive Officer (CEO) of SportStack, where he, along with Brauten-Smith are “building the future of sports betting,” his LinkedIn states.
Brauten-Smith’s tenure at Goldman Sachs spanned for seven years and eight months, beginning back in July of 2011 when he joined as a G10 FX Spot Trader in an Analyst role.
After three years, he was promoted to an Associate in the same role and then in December of 2016 he went on to become the Vice President of G10 FX Spot Trading at the firm. At SportStack, Brauten-Smith is the Co-Founder and Chief Operating Officer (COO), also based in London.
SportStack to Change What People Bet On
According to the company’s LinkedIn page, SportStack is: “A sports focussed fin-tech company launching the worlds first Sports Trading Exchange to bet and speculate on player performance EVERY match, EVERY season.”
Instead of just betting on the outcome of a match, which Smith states is simply gambling, SportStack will give people the opportunity to speculate on the performance of big players such as Harry Kane or Tom Brady. The underlying missing of the company is not to change how people bet, but what they bet on.
Smith, the CEO of the company, explained the company’s mission in an article on LinkedIn last week: “You can spread-bet the FTSE falling this afternoon or you could speculate that Bitcoin will bounce back this year."
“Why should speculating on Harry Kane or Tom Brady underperforming this weekend or having a great end to their season be any different? Well we don't think it should be and believe you should be able to speculate on the performance of professional athletes and teams every match across every season.”
SportStack, while not yet operational, asks interested parties to join its waitlist at www.sportstack.com.
Taurex's Former Executive Jeffrey Navarro Moves to AvaTrade
Network, Learn, Grow | FMAS:24
Network, Learn, Grow | FMAS:24
Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
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Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
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Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
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Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
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Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
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Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
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Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
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Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
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