Klaus Gölitz Leaves State Street to Join Societe Generale

Klaus Gölitz, a veteran within the foreign exchange (forex) trading space has taken on a new FX position at Societe Generale Securities Services (SGSS), Finance Magnates has learned.

The move was made public via Gölitz’s LinkedIn profile, which states that he is now a derivative trader with Societe Generale and made the transition this month. In his new position, he is based in Unterföhring, Germany.

On his LinkedIn page, Gölitz states that he has 25 years of international experience as a trader for 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 private banks, among other qualities such as goal-orientated team player.

“Through working for more than 10 years in two different private banks, a great deal of experience in cross selling and extraordinarily intensive co-operation with various areas of financial markets,” his profile states.

Klaus Gölitz’s long career in FX

Gölitz has had a long career in the FX space spanning more than three decades. It commenced back in 1985 when he joined Bayerische Vereinsbank as a forex trader, where he was employed for more than four years.

Most recently, Gölitz was at State Street working as the Vice President for FX Sales and Trading. Based in Germany, he worked with the firm for just over two years.

Prior to his two-year tenure with State Street, Gölitz was working for Allianz Global Investors as a Derivate Händler. Based in Frankfurt, he joined the firm in April of 2015 and left after two years with the firm.

At the beginning of his career, after his stint at Bayerische Vereinsbank, he moved onto a similar role with Bayerische Vereinsbank, where he was also an FX trader for eight and a half years, his LinkedIn states.

During his long career, Gölitz has also held forex-focused roles at Merck Finck & Co. where he spent six years, Swedish bank SEB where he was head of FX trading for four years and M.M. Warburg &CO KG aA, where he headed a team of five traders.