Tradeworks Taps Graham Moss as Director of Global Sales Operations

Tradeworks, a Danish fintech company offering an automated 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 trading market by volume. According to the Bank of International Settlements (BIS) latest survey, the Forex market now turns over in excess of $5 trillion every day, with the most exchanges occurring between the US Dollar and the Euro (EUR/USD), followed by the US Dollar and the Japanese Yen (USD/JPY), then the US Dollar and Pound Sterling (GBP/USD). Ultimately, it is the very exchanging between currencies which causes a country’s currency to fluctuate in value in relation to another currency – this is known as the exchange rate. With regards to freely floating currencies, this is determined by supply and demand, such as imports and exports, and currency traders, such as banks and hedge funds. Emphasis on Retail Trading for ForexTrading the forex market for the purpose of financial gain was once the exclusive realm of financial institutions.But thanks to the invention of the internet and advances in financial technology from the 1990’s, almost anyone can now start trading this huge market. All one needs is a computer, an internet connection, and an account with a forex broker. Of course, before one starts to trade currencies, a certain level of knowledge and practice is essential. Once can gain some practice using demonstration accounts, i.e. place trades using demo money, before moving on to some real trading after attaining confidence. The main two fields of trading are known as technical analysis and fundamental analysis. Technical analysis refers to using mathematical tools and certain patterns to help decide whether to buy or sell a currency pair, and fundamental analysis refers to gauging the national and international events which may potentially affect a country’s currency value. 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 trading market by volume. According to the Bank of International Settlements (BIS) latest survey, the Forex market now turns over in excess of $5 trillion every day, with the most exchanges occurring between the US Dollar and the Euro (EUR/USD), followed by the US Dollar and the Japanese Yen (USD/JPY), then the US Dollar and Pound Sterling (GBP/USD). Ultimately, it is the very exchanging between currencies which causes a country’s currency to fluctuate in value in relation to another currency – this is known as the exchange rate. With regards to freely floating currencies, this is determined by supply and demand, such as imports and exports, and currency traders, such as banks and hedge funds. Emphasis on Retail Trading for ForexTrading the forex market for the purpose of financial gain was once the exclusive realm of financial institutions.But thanks to the invention of the internet and advances in financial technology from the 1990’s, almost anyone can now start trading this huge market. All one needs is a computer, an internet connection, and an account with a forex broker. Of course, before one starts to trade currencies, a certain level of knowledge and practice is essential. Once can gain some practice using demonstration accounts, i.e. place trades using demo money, before moving on to some real trading after attaining confidence. The main two fields of trading are known as technical analysis and fundamental analysis. Technical analysis refers to using mathematical tools and certain patterns to help decide whether to buy or sell a currency pair, and fundamental analysis refers to gauging the national and international events which may potentially affect a country’s currency value. Read this Term and CFD trading service, has promoted Graham Moss to the Director of Global Sales Operations. In his most recent role, Mr. Graham served as the firm’s Head of Sales out of Cyprus, according to his LinkedIn profile.

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Mr. Graham joined Tradeworks in May 2017, following a career consisting of similar positions at other companies. He served as an Institutional Sales Executive at Gwazy for nearly two and a half years between October 2014 to April 2017. Mr. Graham was also a Marketing and Promotion Executive at Windsor Brokers for five years between December 2009 and December 2014.

Automated trading and Tradeworks

Automated trading, also known as Algo Trading Algo Trading Algo trading sometimes referred to as algo, may be defined as computerized trading that employs proprietary algorithms or pre-programmed commands that are tailored to take into consideration variables like price, volume, and timing. First introduced in American financial markets in the 1970s, algo-trading is generally utilized in trading scenarios such as arbitrage, trend trading strategies, and order execution while approximately 60% of all trades were executed by computers in 2010. Today, algo trading can be classified into the following two categories: Algo Execution Trading occurs when an order (generally a large order) is conducted via an algo trade. Since algo programs are engineered to secure the best possible price, algo execution trading may divide the trade into smaller fragments and place trades at varying times. You can think of algo execution trading as performing a set order trade. High-frequency trading (HFT) is a style of algo trading that seeks to capitalize on small trading opportunities within the market, where tens of thousands of trades can occur per second. Type of Algo TradersAlgo trading provides traders with a more systematic trading approach as opposed to manual trading while the majority of algo trading occurs in the form of high-frequency trading. Given the versatility of algo trading, it is used by a myriad of traders. Short-term traders tend to gravitate towards algo trading where arbitrageurs and brokerage houses not only benefit from automated trading execution but also by the generation substantial liquidity created through algo trading. Algo trading performed by medium to long-term traders tend to acquire large sums of stock where traders aim not to cause disturbances or volatility with anonymous, large-volume trades. Trend followers, forex traders, and hedge funds use algo trading systematically to benefit from increased trade efficiency and through automated trade execution as opposed to instinctual-based investing.Common algo trading strategies used include index fund rebalance, mean reversion, time-weighted average price, volume-weighted average price, and percentage of volume. Algo trading sometimes referred to as algo, may be defined as computerized trading that employs proprietary algorithms or pre-programmed commands that are tailored to take into consideration variables like price, volume, and timing. First introduced in American financial markets in the 1970s, algo-trading is generally utilized in trading scenarios such as arbitrage, trend trading strategies, and order execution while approximately 60% of all trades were executed by computers in 2010. Today, algo trading can be classified into the following two categories: Algo Execution Trading occurs when an order (generally a large order) is conducted via an algo trade. Since algo programs are engineered to secure the best possible price, algo execution trading may divide the trade into smaller fragments and place trades at varying times. You can think of algo execution trading as performing a set order trade. High-frequency trading (HFT) is a style of algo trading that seeks to capitalize on small trading opportunities within the market, where tens of thousands of trades can occur per second. Type of Algo TradersAlgo trading provides traders with a more systematic trading approach as opposed to manual trading while the majority of algo trading occurs in the form of high-frequency trading. Given the versatility of algo trading, it is used by a myriad of traders. Short-term traders tend to gravitate towards algo trading where arbitrageurs and brokerage houses not only benefit from automated trading execution but also by the generation substantial liquidity created through algo trading. Algo trading performed by medium to long-term traders tend to acquire large sums of stock where traders aim not to cause disturbances or volatility with anonymous, large-volume trades. Trend followers, forex traders, and hedge funds use algo trading systematically to benefit from increased trade efficiency and through automated trade execution as opposed to instinctual-based investing.Common algo trading strategies used include index fund rebalance, mean reversion, time-weighted average price, volume-weighted average price, and percentage of volume. Read this Term or auto trading, has been a popular feature on countless brokers’ websites since its introduction to the financial industry. When this technological solution was still new, retail traders with a background in coding were the ones to introduce it to the MetaTrader platform. As the industry has developed over the years, brokerages have made algo trading more accessible and convenient to traders who are not experienced in coding at all. Tradeworks itself is a company which offers automated forex and CFD trading to such investors.