OANDA Promotes Philip Waters to Head of APAC and Emerging Markets

He held the same role while working at IG Singapore between 2019 and 2020. Also, Waters has been employed by IG for over eight years since 2010, when he began working as a Credit Risk Officer. Between 2011 and 2014, he worked as a Credit Risk Supervisor for the broker.

Moreover, Waters was in charge of the UK and Australia’s regions as Credit Risk Manager between 2014 and 2016, and afterward, he was promoted to Commercial Executive, where he worked for over one year. In 2017, Waters was promoted to Head of Emerging Markets, where he was responsible for maximizing the revenue generated from countries where the firm did not have a physical presence.

Prior to joining IG, he worked as Credit Advisor for Lloyds TSB. According to his educational background, Waters earned a Bachelor of Arts in Business Administration and Management from the University of Brighton.

“Very pleased to be taking on a new role as Head of APAC & Emerging Markets for OANDA. Cannot wait to get even more involved in this thriving region. Exciting times,” he commented on LinkedIn.

Recent OANDA Executive Moves

Today, OANDA promoted Mark Chesterman to Chief Risk Officer. He was previously the Head of Trading with the brokerage firm. Chesterman joined OANDA in November 2019. He is based in the United Kingdom and has already taken over the new role and responsibilities.

He is a financial industry expert with solid experience in the trading and  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 derivatives sector. He describes himself as someone with “a background in strategy, business management, trading, and product development.” Additionally, he led B2B and B2C teams, targeting a global client base.