Rugby Players Taking the FX Industry by Storm?

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 Magnates spoke exclusively with CEO Tim Furey and the rest of the Tradeview team for their perspective on the advantages and prevalence of rugby players in the FX and financial markets workforce.

The comprehensive interview and article can be read in full on the Experts portal by accessing the following link.

The past few months in particular have been quite episodic for the FX industry, underscored by broad upheavals in company structures and personnel movements throughout both the retail and institutional realms.

In his interview, Mr. Furey weighs the merits of rugby players, namely in the face of stressful situations in leading management positions in FX. Moreover, he explains the types of employees who are necessary to work in such a high pace market.

Indeed, the multitude of hires and in some case fires does come on the heels of historically low Volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders Read this Term as well as the aftershocks of ongoing FX probes. However, according to Mr. Furey, rugby players possess the requisite tools for navigating one’s business out of dire straights or tough times, something virtually every firm has at one point held in common.