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Exclusive Interview: ActivTrades CEO Alex Pusco talks about 20th anniversary and product offering expansion

Alex Pusco

LR: You must have some insight into how the global markets have been responding to the coronavirus. Are there any observations you might be able to share?

Alex: In the last year, the markets have been extremely volatile and particularly interesting from a trading perspective. We have seen once-in-a-generation moves on many different assets and this has obviously attracted more traders and has triggered an increase in trading volumes.

A lot of the action was on the equities market, where we have seen many indices reaching all-time highs, as well as major moves in commodities.

WTI for example famously plunged to well below zero in April 2020. That was the first time in history that the oil price had been in negative territory but it has recovered to now be trading above $60. Gold rose for the first time above $2,000 an ounce and hit a series of fresh record highs in the last year and we have also seen significant moves on other precious metals and soft commodities.

There have also been lots of interesting moves on currency markets, notably the strong recovery of the Australian and New Zealand dollars as well as the impressive bullish run the Canadian dollar has been on. Obviously, this kind of swings creates a lot of opportunities for traders.

LR: ActivTrades recently opened an office in Luxembourg, do you have any other plans for expansion?

Alex: The opening of the Luxembourg office at the end of last year has gone well and provided our European clients with a seamless transition after Brexit. While the bulk of our clients are based in the UK and Europe, Latin America and the Middle East are the markets we’re seeing a lot of growth in.

LR: Any new company offerings you want to share with us?

Alex: We never like to stand still so we’re continually working to improve our already popular platform ActivTrader. We’d like to considerably increase the range of our share trading offering and expand to stock markets from all over the world as well as enhancing ActivTrader. The next update to the platform will include conditional trading algorithms which will allow traders to enter or exit positions automatically when technical signals are met. On top of this, we’re developing a social trading platform that we’re hoping to integrate with our trading platform.

We’re an ambitious and entrepreneurial company so if an acquisition opportunity crops up we’d certainly be interested, but for now, our focus is on our core business and making sure our clients around the world receive the best possible service. Having successfully opened an office in Luxembourg to serve our European clients after Brexit, we’re now looking to expand further.

We’re proud to have built up our reputation over the last 20 years so that we’re now the brokerage with the tightest spreads and fastest executions and in such a competitive sector we’re going to work ever harder to make ActivTrades the go-to place for online trading.

Disclaimer: The content of this article is sponsored by ActivTrades. Opinions are personal to the author and do not reflect the opinions of LeapRate.

The post Exclusive Interview: ActivTrades CEO Alex Pusco Talks about 20th anniversary and product offering expansion appeared first on LeapRate.

This post first appeared on Ironfx Review: An Overview, please read the originial post: here

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Exclusive Interview: ActivTrades CEO Alex Pusco talks about 20th anniversary and product offering expansion


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