oneZero Financial Systems, a provider of brokerages and trading technology, has appointed former Thomson Reuters’ head of FX trading Philip Weisberg as a Strategic Advisor, according to a company statement.
Mr. Weisberg, the founder and former CEO of FX multi-dealer platform FXall, is also managing Matzliach Capital LLC, a consulting firm that also invests in growth stage financial and technology companies, a position he will maintain along with his new advisory role at oneZero.
Philip is also assuming a similar role with several clients of Matzliach Capital including cryptocurrency exchange & trading platform B2C2 and AxiomSL, a provider of regulatory reporting, data, and risk management solutions.
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Back in 2013, Philip Weisberg was appointed Global Head of FX for Thomson Reuters’ trading platform business Marketplaces, as part of a management shake-up that came five months after it acquired FXall. He joined the information provider when it bought FXall, the currency trading platform he helped found, for $625 million.
Thomson Reuters acquired full control of FXall in 2012 as the company wanted to broaden its brokerage fee-based business beyond the interbank FX market.
Commenting on his new role, Phil Weisberg said: “As an early innovator and advocate for market ecosystems, I have watched the evolution of oneZero as an industry participant and have been impressed with the talent, passion and integrity of their team. I have been truly impressed with the speed, reliability and efficiency of their technology which can provide a competitive advantage for anyone they partner with. I am extremely pleased to join the company as an Advisor to help support oneZero’s rapid growth at this stage in their evolution as they expand their offerings. With the rapid change in global markets, I know oneZero is well-positioned and look forward to helping the company capitalize on its full potential and new opportunities.”
Andrew Ralich, CEO of oneZero Financial Systems, added: “We are thrilled to have Phil on our Advisory Board, given his focus on innovative financial markets and technologies and strong industry knowledge. Phil’s experience and perspective from scaling FXall over a decade and his unique market insights will be invaluable as we look to more fully leverage our core technology to support institutional market participants. We welcome his input and involvement.”