Jessica Beckstead has embarked on a new professional journey at OANDA where she is now assuming the role of Head of FX Data Services, alongside her current position as the CEO of OANDA US.
With a career spanning over two decades in the financial services industry, Beckstead brings a wealth of knowledge and leadership to her new role.
Before joining OANDA, she spent 18 years at FXCM, holding various significant positions such as Managing Director & Global Head, CEO of FXCM Australia, and Managing Director of Emerging Markets.
Speaking about her expanded responsibilities, Beckstead conveyed her excitement about leading OANDA’s FX Data Services division.
She stressed the significance of data-driven insights in today’s dynamic financial landscape and reaffirmed OANDA’s dedication to providing top-tier services to clients globally.
Given her background in financial services and a proven track record of strategic leadership, she is well-equipped to foster innovation and drive growth in this crucial role.
Gavin Bambury, the Chief Executive Officer of OANDA, remarked, “We’re delighted to welcome Beckstead to the OANDA team.
Beckstead brings with her significant knowledge of the financial services industry and is an excellent choice to drive our expansion in the Americas.
Her extensive experience in growing a retail business, coupled with proven operational and strategic expertise, will enable us to identify and implement new strategies to enhance our reputation, increase market growth, and propel the business forward.”
OANDA has ventured into proprietary trading with OANDA Labs Trader, as reported by Finance Magnates.
Traders, eligible through its Global Markets division in the British Virgin Islands, can earn up to 75% profits.
To qualify, they must pass an assessment, with fees ranging from $249 to $2,400.
Challenges offer funding from $25,000 to $500,000, requiring a 10% profit target in Phase 1 and 5% in Phase 2, with a daily loss limit of 5% and a max drawdown of 10%.
According to OANDA, it aims to empower traders while adhering to regulatory standards.