FX Veteran Lars Hornsleth Joins Jump Trading to Head APAC Business
- He is bringing three decades of FX industry experience to his new role.
The Singaporean unit of financial services company, Jump Trading has onboarded Lars Hornsleth as its new Director for institutional business development in the Asia-Pacific region.
According to Hornsleth’s Linkedin profile, he joined the company earlier this month and is based in Singapore.
Hornsleth is well-known in the forex industry with three decades of experience, spending most of his career in the APAC region. Additionally, his experiences are focused on institutional sales.
“I have contributed to the successful business and revenue growth for leading European banks in Asia-Pacific,” he wrote on Linkedin.
A Long Career in 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 trading market by volume. According to the Bank of International Settlements (BIS) latest survey, the Forex market now turns over in excess of $5 trillion every day, with the most exchanges occurring between the US Dollar and the Euro (EUR/USD), followed by the US Dollar and the Japanese Yen (USD/JPY), then the US Dollar and Pound Sterling (GBP/USD). Ultimately, it is the very exchanging between currencies which causes a country’s currency to fluctuate in value in relation to another currency – this is known as the exchange rate. With regards to freely floating currencies, this is determined by supply and demand, such as imports and exports, and currency traders, such as banks and hedge funds. Emphasis on Retail Trading for ForexTrading the forex market for the purpose of financial gain was once the exclusive realm of financial institutions.But thanks to the invention of the internet and advances in financial technology from the 1990’s, almost anyone can now start trading this huge market. All one needs is a computer, an internet connection, and an account with a forex broker. Of course, before one starts to trade currencies, a certain level of knowledge and practice is essential. Once can gain some practice using demonstration accounts, i.e. place trades using demo money, before moving on to some real trading after attaining confidence. The main two fields of trading are known as technical analysis and fundamental analysis. Technical analysis refers to using mathematical tools and certain patterns to help decide whether to buy or sell a currency pair, and fundamental analysis refers to gauging the national and international events which may potentially affect a country’s currency value. 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 trading market by volume. According to the Bank of International Settlements (BIS) latest survey, the Forex market now turns over in excess of $5 trillion every day, with the most exchanges occurring between the US Dollar and the Euro (EUR/USD), followed by the US Dollar and the Japanese Yen (USD/JPY), then the US Dollar and Pound Sterling (GBP/USD). Ultimately, it is the very exchanging between currencies which causes a country’s currency to fluctuate in value in relation to another currency – this is known as the exchange rate. With regards to freely floating currencies, this is determined by supply and demand, such as imports and exports, and currency traders, such as banks and hedge funds. Emphasis on Retail Trading for ForexTrading the forex market for the purpose of financial gain was once the exclusive realm of financial institutions.But thanks to the invention of the internet and advances in financial technology from the 1990’s, almost anyone can now start trading this huge market. All one needs is a computer, an internet connection, and an account with a forex broker. Of course, before one starts to trade currencies, a certain level of knowledge and practice is essential. Once can gain some practice using demonstration accounts, i.e. place trades using demo money, before moving on to some real trading after attaining confidence. The main two fields of trading are known as technical analysis and fundamental analysis. Technical analysis refers to using mathematical tools and certain patterns to help decide whether to buy or sell a currency pair, and fundamental analysis refers to gauging the national and international events which may potentially affect a country’s currency value. Read this Term
Hornsleth joined Jump Trading after spending two years at GAIN Capital. There, as a vice president, he headed its institutional business development unit in the APAC region.
Prior to that, he was at IG Singapore as the head of institutional sales for almost four years, where he was responsible for IG’s brand building in the APAC region.
However, his most recognizable tenure was at Saxo Bank. He joined the Danish bank in early 2004 as a manager of its institutional accounts in Asia-Pacific and later moved to its Singapore entity as a director, heading the institutional business in the region.
He spent over a decade at the two Saxo units combined and mostly worked in growing and developing the company’s institutional business. Furthermore, he oversaw the sales and trading activities across all asset classes and handled the budget of growing business in the APAC region.
Hornsleth started his career at Denmark’s Nordea Bank and moved to Singapore as a senior manager of global markets for the bank. He later moved to the Singaporean unit of Danske Bank in a similar role and also had a short stint outside the forex industry.
The Singaporean unit of financial services company, Jump Trading has onboarded Lars Hornsleth as its new Director for institutional business development in the Asia-Pacific region.
According to Hornsleth’s Linkedin profile, he joined the company earlier this month and is based in Singapore.
Hornsleth is well-known in the forex industry with three decades of experience, spending most of his career in the APAC region. Additionally, his experiences are focused on institutional sales.
“I have contributed to the successful business and revenue growth for leading European banks in Asia-Pacific,” he wrote on Linkedin.
A Long Career in 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 trading market by volume. According to the Bank of International Settlements (BIS) latest survey, the Forex market now turns over in excess of $5 trillion every day, with the most exchanges occurring between the US Dollar and the Euro (EUR/USD), followed by the US Dollar and the Japanese Yen (USD/JPY), then the US Dollar and Pound Sterling (GBP/USD). Ultimately, it is the very exchanging between currencies which causes a country’s currency to fluctuate in value in relation to another currency – this is known as the exchange rate. With regards to freely floating currencies, this is determined by supply and demand, such as imports and exports, and currency traders, such as banks and hedge funds. Emphasis on Retail Trading for ForexTrading the forex market for the purpose of financial gain was once the exclusive realm of financial institutions.But thanks to the invention of the internet and advances in financial technology from the 1990’s, almost anyone can now start trading this huge market. All one needs is a computer, an internet connection, and an account with a forex broker. Of course, before one starts to trade currencies, a certain level of knowledge and practice is essential. Once can gain some practice using demonstration accounts, i.e. place trades using demo money, before moving on to some real trading after attaining confidence. The main two fields of trading are known as technical analysis and fundamental analysis. Technical analysis refers to using mathematical tools and certain patterns to help decide whether to buy or sell a currency pair, and fundamental analysis refers to gauging the national and international events which may potentially affect a country’s currency value. 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 trading market by volume. According to the Bank of International Settlements (BIS) latest survey, the Forex market now turns over in excess of $5 trillion every day, with the most exchanges occurring between the US Dollar and the Euro (EUR/USD), followed by the US Dollar and the Japanese Yen (USD/JPY), then the US Dollar and Pound Sterling (GBP/USD). Ultimately, it is the very exchanging between currencies which causes a country’s currency to fluctuate in value in relation to another currency – this is known as the exchange rate. With regards to freely floating currencies, this is determined by supply and demand, such as imports and exports, and currency traders, such as banks and hedge funds. Emphasis on Retail Trading for ForexTrading the forex market for the purpose of financial gain was once the exclusive realm of financial institutions.But thanks to the invention of the internet and advances in financial technology from the 1990’s, almost anyone can now start trading this huge market. All one needs is a computer, an internet connection, and an account with a forex broker. Of course, before one starts to trade currencies, a certain level of knowledge and practice is essential. Once can gain some practice using demonstration accounts, i.e. place trades using demo money, before moving on to some real trading after attaining confidence. The main two fields of trading are known as technical analysis and fundamental analysis. Technical analysis refers to using mathematical tools and certain patterns to help decide whether to buy or sell a currency pair, and fundamental analysis refers to gauging the national and international events which may potentially affect a country’s currency value. Read this Term
Hornsleth joined Jump Trading after spending two years at GAIN Capital. There, as a vice president, he headed its institutional business development unit in the APAC region.
Prior to that, he was at IG Singapore as the head of institutional sales for almost four years, where he was responsible for IG’s brand building in the APAC region.
However, his most recognizable tenure was at Saxo Bank. He joined the Danish bank in early 2004 as a manager of its institutional accounts in Asia-Pacific and later moved to its Singapore entity as a director, heading the institutional business in the region.
He spent over a decade at the two Saxo units combined and mostly worked in growing and developing the company’s institutional business. Furthermore, he oversaw the sales and trading activities across all asset classes and handled the budget of growing business in the APAC region.
Hornsleth started his career at Denmark’s Nordea Bank and moved to Singapore as a senior manager of global markets for the bank. He later moved to the Singaporean unit of Danske Bank in a similar role and also had a short stint outside the forex industry.