oneZero Appoints FXall Founder Phil Weisberg to Executive Team

oneZero Financial Systems announced this Monday that Phil Weisberg, the founder and former CEO of FXall, has joined its executive leadership team as the Executive Vice President of Strategic Planning and Partnerships.

Weisberg has been a Senior Advisor to oneZero since June of 2018. The appointment announced today follows on from himself and private equity firm Lovell Minnick Partners concluding a minority investment round in oneZero back in June of this year, as Finance Magnates reported.

At the time, Weisberg had already committed to leveraging his expertise in the institutional space to help oneZero, alongside the team from Lovell Minnick Partners.

In his new role with the institutional and retail foreign Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term (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 tradi 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 tradi Read this Term) liquidity and technology solutions provider, Weisberg will be in charge of furthering its ongoing investment, growth, business development, and expansion by building out its strategy and partnerships.

Phil Weisberg is a "natural fit" for oneZero

Commenting on the appointment, Andrew Ralich, the CEO and co-founder of oneZero said: "We have benefited from Phil's participation over the last year as a strategic advisor and as an investor.

"It was a natural fit for us to enlist him on a full-time basis to implement our growth strategy. Phil is a recognized FX industry leader and has been an invaluable partner. We look forward to leveraging his insight, expertise and connections to extend our overall technology solutions in new ways."

After FXall got acquired by Thomson Reuters, Weisberg went on to establish his own consulting and advisory service, Matzliach Capital.

"I have been impressed with oneZero's culture and commitment to quality and am thrilled to be joining one of the most innovative and thoughtful financial technology companies today,” Weisberg added.

“Joining oneZero's leadership team enables me to support the organization's high growth trajectory more directly. I welcome the opportunity to make a meaningful contribution to the company's evolution, expanding its capabilities as an enabler for its clients' businesses."