Online foreign exchange and CFDs brokerage OANDA has secured the services of Neil McDonald, who joins the company as its newest Global Head of Trading and Quantitative Analytics, according to a corporate statement.
In his new role, Mr. Neil will be based out of OANDA’s New York branch, where he will be tasked with leading the company’s strategic growth across electronic trading business with a special focus on the global trading, quantitative analytics and research groups.
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Prior to taking up his new capacity at OANDA, Mr. McDonald worked for financial technology firm Investment Technology Group, Inc. (NYSE: ITG), where he most recently served as its Managing Director. Neil’s career encompasses other senior roles including Managing Director and Global Head of Electronic Market-Making and Head of US Derivatives Trading for JP Morgan. He also held several executive management functions at Citadel, Morgan Stanley, Lehman Brothers, and Goldman Sachs.
Announcing the appointment, Ed Eger, President and CEO of OANDA Corporation, said: “Neil’s 30 years’ experience in trading and the financial services sector is a tremendous addition to OANDA’s leadership. With Neil joining the team, I know we can continue to deliver the best execution and trading experience for clients across the globe.”
Speaking on his new hire, Neil McDonald said: “OANDA has an enviable reputation for providing its traders with the technology, the advanced tools, and the resources that help them get the most out of trading. As a member of the executive leadership team I’m looking forward to playing a key role in furthering all OANDA has done for the industry and its clients.”