Tradeworks Tapps Carlos Rocha as VP of Strategy & Business Development

Tradeworks.io, a Danish fintech company that specializes in developing cloud-based trade automation software, revealed to Finance Magnates exclusively on Tuesday that it has secured Carlos Rocha as its new Vice President of Strategy & Business Development.

Previously Rocha ran IdeasForex, a matchmaking agency for introducing brokers and brokers. He worked here from 2008 until 2012, before heading into other areas of finance and business development.

His new position at Tradeworks marks his return to the 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 industry. In his role, Rocha will help users and brokers in Europe adapt their trading practices to the new regulatory environment. This is, of course, referring to the multiple changes implemented by the European Securities and Markets Authority (ESMA) this year.

Carlos Rocha Returns to Forex Industry

Rocha has been involved in the financial markets since 2004. During his career, he has collaborated with firms such as Prudential Financial and ArkanesFX in Mexico. For these companies, he has performed activities such as investment consulting to strategic portfolio management.

Commenting on the appointment, the CEO of Tradeworks.io Thomas Pedersen said: “Carlos has a unique insight into the FX broker ecosystem, as he has been trading actively himself, and he has worked closely with both brokers and IB’s – so he will be able to help us tweak both our product and offer-structure, so it may fit better with the needs of brokers as well as traders. So, when I met him I instantly started to work on making it possible for him to join the Tradeworks team.”

In 2012, Rocha graduated from Aarhus University with a Masters of Science, majoring in European Union (EU) Business and Law. He then went on to study at Copenhagen Business School where he achieved a Masters of Science in Finance and Strategic Management in 2016.

Speaking on his new position, Rocha said: “In a time where especially European brokers are facing a tougher regulatory environment it is a pleasure to join a company, which in the long term can be a part of a solution, which can help brokers thrive in the new regulatory environment."

“Automated trading could play a key role in keeping performance statistics attractive, as well as enabling a trading frequency which can trigger stable revenues for brokers, even with lower Leverage Leverage In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders Read this Term levels than the European brokers has historically been accustomed to.”