House of Borse Appoints Ulas Akincilar as Head of Trading and Risk Management

FCA-regulated brokerage firm House of Borse Limited (HoB) has reinforced its London operations with the addition of Ulas Akincilar as its newest Head of Trading and Risk Management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term.

In his new role, Mr. Akincilar will be based out of the group’s London office but with global coverage. He joins the middle east-focused broker after nearly eight years in the FX and trading technology space, having worked at a number of leading venues in the industry.

Starting his role at House of Borse in March, Ulas joined the firm from Gold-i, a trading systems integration specialist for the financial services ‎industry. He most recently served as Technical Support Engineer, ‎ a position he held for nearly 15 months.

Mr. Akincilar also worked as FX Transactions Director at A1 Capital Menkul Degerler from July 2015 until December 2017, and then joined E-FX Capital Markets as Treasury & Risk Manager where he stayed for nearly two years.

Founded in 2012, House of Borse is licensed by the UK regulator since 2016 to operate as a matched principle intermediary for a range of investment types, focusing primarily on institutional and professional clients. The company offers the similar core service as traditional prime brokers, and as a market facilitator and aggregator, it provides clients with direct market access to a wide range of bank and non-bank Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term providers and ECNs.

Akincilar earned his bachelor’s degree in geomatics engineering from Istanbul Technical University in Turkey.