What Happened?
San Francisco, CA-based FXone has Appointed Michael Bundy as Chief Technology Officer
About the Company
FXone makes algorithmic trading easy for programmers and non-programmers alike. A suite of custom trading functions and other tools deliver the easiest automated trading available anywhere in the market today. Our flagship platform is a complete end-to-end trading platform supporting FX (forex) and CFD (contracts for difference) trading. Its high-performance Excel-compatible spreadsheets allow anyone to work with real-time, time-series data to build automated trading strategies using standard spreadsheet logic. A suite of custom trading functions and other tools deliver the easiest automated trading available anywhere in the market today. With its fully automated order and position state management capabilities, algorithmic trading strategies are reduced to nothing more than the trading signal of your choice, two simple IF() spreadsheet expressions and two order tickets represented directly in a platform spreadsheet. It provides users a vast library of trading algorithms (Expert Advisors) to enhance their trading. Ttransparency, control and ease of use are the hallmarks of the FXone platform.
About the Person
Prior to joining FXone, Michael Bundy was Chief Technology Officer & Chief Architect for Chi-X Global and Chi-X Europe. He led the launch of E.U.’s first multilateral trading facility (MTF), which quickly gained significant market share, handling more than 15% of trades by 2009 in FTSE 100 stocks in the top 10 European markets. Mr. Bundy also spearheaded the global IT strategy and built Asia Pacific technology teams in support of Chi-X’s expansion. During his career, Mr. Bundy also served as Global Chief Technology Officer at New York-based Instinet Inc., where he laid out the vision for the next generation trading system and led the technology organization through a successful sale of the company to Nomura in 2009. Prior to Instinet Inc., Mr. Bundy also led the development of one of the highest performance Direct Market Access equities trading platforms in use today, while at CSI and Momentum Securities, two start-up companies, which were acquired by Tradescape and eventually became part of E*TRADE in 2002.
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