Sam Eder leaves the brokerage after seven years to start Market Mates.
However, the details of the new venture remain unclear.
After 15
years of gaining experience in the FX/CFD industry, Sam Eder, the Head of Emerging
Markets at OANDA, has decided to leave the company to start his own business
from scratch. He announced today (Thursday) that he has started working on the Market
Mates project. Interestingly, this is not the first business venture that Eder
will develop.
After 7 Years at OANDA, Eder
Starts His Own Business
Eder's
career in the financial markets began in 2008 when he joined the Australian
branch of GFT Markets. Then, in 2013, he moved to Invast Securities, where he
held the position of Director in the Sales and Customer Experience Department.
In 2014, he
first attempted to create his own business, FX Renew, which provided trading
signals produced by former investment bank employees and hedge fund workers.
However, after five years, he sold his business and returned to salaried work.
This time,
he joined the OANDA team, where he was connected for the next seven years.
During this time, he held the position of Head of Sales for the Asia Pacific
region and the Head of Emerging Markets for the last two years.
However, at
the beginning of February 2024, he is parting ways with the well-known
brokerage brand to launch Market Mates. From Eder's information, it is unclear
what the new company will focus on, and the marketmates.com website is still
under construction.
We can only
guess that it will either be an independent FX/CFD brand or, similar to FX
Renew, a service designed to support retail investors or brokers themselves.
"We
will offer some innovative pricing structures to IBs," Gibson told Finance
Magnates, adding his platform will take a unique approach with
"educational services and training" and "automated bespoke
trading strategies."
Industry Pros Forge Their
Own Path
The story
of individuals leaving established careers to start their own ventures is a
common narrative within the FX/CFD industry and the broader business world.
It's a well-known phenomenon where directors or senior managers with years of
experience decide to strike out on their own. This trend of transitioning from
employee to entrepreneur is exemplified by numerous instances across the
sector.
For
example, Finance Magnates reported two months ago that Andrew Gibson, a
seasoned professional in the FX/CFD industry, parted ways with Tavira Financial
to launch his own brokerage firm, Timberfx. The official launch of the company
is scheduled for March 2024.
Gibson has
announced that the new brokerage's services and support operations will be
based out of offices in Cyprus, with his current focus being on recruiting the
necessary staff to ensure a smooth start of operations starting January.
"We
will offer some innovative pricing structures to IBs," Gibson told Finance
Magnates, adding his platform will take a unique approach with
"educational services and training" and "automated bespoke
trading strategies."
After 15
years of gaining experience in the FX/CFD industry, Sam Eder, the Head of Emerging
Markets at OANDA, has decided to leave the company to start his own business
from scratch. He announced today (Thursday) that he has started working on the Market
Mates project. Interestingly, this is not the first business venture that Eder
will develop.
After 7 Years at OANDA, Eder
Starts His Own Business
Eder's
career in the financial markets began in 2008 when he joined the Australian
branch of GFT Markets. Then, in 2013, he moved to Invast Securities, where he
held the position of Director in the Sales and Customer Experience Department.
In 2014, he
first attempted to create his own business, FX Renew, which provided trading
signals produced by former investment bank employees and hedge fund workers.
However, after five years, he sold his business and returned to salaried work.
This time,
he joined the OANDA team, where he was connected for the next seven years.
During this time, he held the position of Head of Sales for the Asia Pacific
region and the Head of Emerging Markets for the last two years.
However, at
the beginning of February 2024, he is parting ways with the well-known
brokerage brand to launch Market Mates. From Eder's information, it is unclear
what the new company will focus on, and the marketmates.com website is still
under construction.
We can only
guess that it will either be an independent FX/CFD brand or, similar to FX
Renew, a service designed to support retail investors or brokers themselves.
"We
will offer some innovative pricing structures to IBs," Gibson told Finance
Magnates, adding his platform will take a unique approach with
"educational services and training" and "automated bespoke
trading strategies."
Industry Pros Forge Their
Own Path
The story
of individuals leaving established careers to start their own ventures is a
common narrative within the FX/CFD industry and the broader business world.
It's a well-known phenomenon where directors or senior managers with years of
experience decide to strike out on their own. This trend of transitioning from
employee to entrepreneur is exemplified by numerous instances across the
sector.
For
example, Finance Magnates reported two months ago that Andrew Gibson, a
seasoned professional in the FX/CFD industry, parted ways with Tavira Financial
to launch his own brokerage firm, Timberfx. The official launch of the company
is scheduled for March 2024.
Gibson has
announced that the new brokerage's services and support operations will be
based out of offices in Cyprus, with his current focus being on recruiting the
necessary staff to ensure a smooth start of operations starting January.
"We
will offer some innovative pricing structures to IBs," Gibson told Finance
Magnates, adding his platform will take a unique approach with
"educational services and training" and "automated bespoke
trading strategies."
Damian's adventure with financial markets began at the Cracow University of Economics, where he obtained his MA in finance and accounting. Starting from the retail trader perspective, he collaborated with brokerage houses and financial portals in Poland as an independent editor and content manager. His adventure with Finance Magnates began in 2016, where he is working as a business intelligence analyst.
1 week to go until FMAS:24 kicks off and we couldn't skip our interviews with some of this year's sponsors 🤩 Starting off strong with Hannelé De Necker, CEO OF IFX Brokers.
See you there!
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
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1 week to go until FMAS:24 kicks off and we couldn't skip our interviews with some of this year's sponsors 🤩 Starting off strong with Hannelé De Necker, CEO OF IFX Brokers.
See you there!
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
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Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
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Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
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Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
FMAS:24 | Sneak Peak
FMAS:24 | Sneak Peak
Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
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Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
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Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
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Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
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Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa