Application-based FX trading platform provider Tradable has appointed forex Saxo Bank executive Patrick Mortensen as Chief Commercial Officer (CCO), representing the second development within a week involving highly respected talent from Saxo Bank has brought technological and corporate experience to FX industry software development firms, the first being the launch of Magick last week by ex-Saxo Bank Global Product Manager Mikael Breinholst and his colleague Anton Hughes.
Mr. Mortensen is a well recognized senior industry figure and has held a series of managerial positions within Saxo Bank as Regional Head of North America and Head of Institutional Business and Institutional Marketing. The appointment comes at a time at which Tradable is also doubling the number of developers and establishing a development center in Tradable’s new Copenhagen headquarters.
Tradable’s rapid growth has been fuelled by two successful years in business, during which time CEO Jannick Malling and his team have built a global business by forging partnerships with some of the most prestigious brokers and banks across the globe.
Mortensen joins the organization with nine years of experience in Retail FX in various managerial roles within sales, marketing and business development. He will be responsible for commercial strategy and development, with a focus on further accelerating the success of the Tradable offering.
The new development teams appointed to join Tradable will support development of existing products and work on new, next generation products which address gaps in the market that can further push the industry towards becoming more open and collaborative.
Jannick Malling today made a commercial statement on Mr. Mortensen’s appointment: “Patrick Mortensen brings a wealth of industry experience and insight to Tradable which will be invaluable for our ambitious growth plans. Over the last two years, we have worked very hard to establish a product offering we believe is truly unique and provide a new, different experience to traders, brokers and developers. We have been selective about the brokers we have chosen to work with, and it has taken time getting the regulation right across various jurisdictions. Our new appointments will enable us to accelerate our plans.
“Through the partnerships we have across the globe, we have realized that marketing Tradable to end-users presents a new and exciting opportunity, very different from that of other trading platforms. It provides a new dimension to brokers’ marketing efforts” concluded Mr. Malling.
Mr. Mortensen added: “Over the past years I have seen a wealth of technology innovations within the FX space, and Tradable is definitely one of the most ground breaking and possibly market transforming technologies I have encountered. Along with many industry colleagues I have been sincerely impressed by the level of new thinking and high quality Tradable has brought to the FX space in such a short time. I am immensely looking forward to joining the great team at Tradable and playing a part in the continued success of the company.”