FX Market Guru James Gillingham at FX World Reveals Tips to Meet Multi-Million Dollar Sales Targets

James Gillingham with unrivaled knowledge and aptitude is a UK-based all-around expert in the investment field. He has worked for leading global financial institutions, including International Asset Management, a Mayfair based fund of funds, and Close Brothers, a City of London based Investment Bank. Known by his colleagues for his passion, drive and determination, James Gillingham is an international innovator and businessman whose work has taken him across continents.

James Gillingham Fx World

James Gillingham Fx World

James Gillingham Fx World

James Gillingham at Fx World, FX Market and asset management expert, reveals insights on succeeding in the highly competitive foreign exchange market. He discusses career highlights and offers mentoring for newcomers.

James Gillingham, a pioneer in the FX and CFD markets, has recently conducted a training workshop to provide insights on how to succeed amidst the cut-throat and fierce competition existing within the foreign exchange market of the UK. In the workshop, attended by a combination of industry experts and aspirants, James Gillingham revealed proven strategies and valuable tips from his accomplished career as an FX Market and international asset management consultant.

As part of his personal CSR initiative, Gillingham mentors newcomers that aspire to make it big in the financial sector. With a decade-long career in business development and consultative sales, Gillingham was able to manage a dynamic track record of meeting multi-million dollar sales targets in markets, such as Europe, Asia and the Middle East. He now wants to use his bank of knowledge and insights to benefit desirous apprentices and trainees in his attempt to give back to society.

Rise to Success

James Gillingham is best known for accomplishing two great feats. He developed 4 extra low latency trading algorithms during his career at Jagero Ltd. His work was responsible for increasing bottom line revenue of the company by 35%, while creating an essentially paperless office, thanks to the software and CRM integration that occurred as part of the project.

“The key to success in today’s world is through innovation and dedication alone,” states James Gillingham. “It is your responsibility as a manager or aspiring leader to develop people and ideas that will modernize the way your workplace functions. With innovative products and sustainable processes, success becomes only a matter of time.”

At FX World Managed Account, James Gillingham developed a pioneering rebate managed account, employing some of the world’s leading FX traders in his dealing room. These talented and proficient individuals were headhunted from the largest names in the international banking industry. Gillingham has the honor of being the first employee of the company and then gaining FCA regulation (FRN: 675061) to solidify his attributes further.

Forex - Dollar index retreats as Fed minutes eyed

Investing.com - The dollar retreated from 14-year highs against a currency basket on Wednesday as investors waited minutes from the Federal Reserve’s December meeting, when it hiked interest rates for the first time in a year.

The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, was down 0.68% to 102.54.

The index hit highs of 103.81 on Tuesday, the most since December 2002, after upbeat U.S factory data fed into expectations for a faster rate of policy tightening from the Fed this year.

The U.S. central bank is to publish the minutes of its December meeting at 14.00 ET and analysts will be examining them for any indications that officials are more upbeat on growth than the quarterly economic projections released following the meeting showed.

Analysts will also be looking for what Fed officials said about potential fiscal policy changes under the incoming Trump administration and how they may react to measures that could spur growth and inflation.

Traders were looking ahead to Friday’s U.S. nonfarm payrolls report for December for indications on solid growth in the labor market which could enable the Fed to keep pushing up interest rates.

Higher rates typically boost the dollar by making dollar assets more attractive to yield-seeking investors.

The dollar was lower against the yen, with USD/JPY down 0.39% to 117.28, off Tuesday’s three-week highs of 118.6.

Japanese government spokesman Yoshihide Suga said Wednesday that Tokyo should closely monitor the market to spot any speculative or one-sided moves in the yen, but did not comment on the currency’s current levels.

The euro gained ground, with EUR/USD climbing 0.77% to 1.0485, supported by reports showing that business activity in the euro area rose at the fastest pace in more than five years and inflation in the bloc climbed to the highest in over three years.

The single currency touched lows of 1.0341 on Tuesday, the weakest level since December 2002.

Sterling also moved higher, with GBP/USD rising 0.47% to 1.2297, recovering from a two-month low of 1.2197 struck overnight.

The pound was buoyed by data showing the U.K. construction sector enjoyed solid growth in December and another report showing that consumer credit notched up its fastest monthly increase since March 2005 in November.

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Ex-Barclays trader pleads guilty in U.S. in forex probe

A former Barclays Plc (BARC.L) trader pleaded guilty on Wednesday to U.S. charges arising from a global investigation into the manipulation of foreign-exchange prices at major banks, the U.S. Department of Justice said.

Jason Katz, a former Barclays trader who later worked at BNP Paribas SA (BNPP.PA), pleaded guilty in Manhattan federal court to participating in a price-fixing conspiracy, becoming the first person to admit criminal wrongdoing in the probe.

Katz's plea came after Barclays and three other banks last year pleaded guilty to conspiring to manipulate currency prices. Barclays agreed to pay $2.4 billion to resolve related U.S. and UK probes.

Prosecutors said that from January 2007 until July 2013, Katz, while working at three different financial firms, conspired with traders at other firms to fix prices in Central and Eastern European, Middle Eastern and African currencies.

"These conspirators engaged in blatant collusion and succeeded in manipulating exchange rates for multiple currencies to their advantage," Deputy Assistant Attorney General Brent Snyder said in a statement.

As part of his plea deal, Katz agreed to cooperate with the Justice Department in its ongoing investigation. He also reached an agreement announced by the Federal Reserve Board that would ban him from the banking industry.

Following a court hearing, Katz was released on a $150,000 bond. His lawyer did not respond to requests for comment.

According to regulatory filings and his LinkedIn profile, Katz joined Barclays in July 2010 from Standard Bank, and worked in its New York offices until September 2011, when he join BNP Paribas as director of emerging markets foreign exchange trading.

Katz left BNP in July 2013, the Federal Reserve said, and joined Australia & New Zealand Banking Group Ltd (ANZ.AX), according to his LinkedIn profile.

He is the third person to face U.S. criminal charges in connection with the foreign-exchange probe.

In July, an HSBC Holdings Plc (HSBA.L) executive, Mark Johnson, was arrested and charged along with a former executive for participating in a fraudulent scheme involving a $3.5 billion currency transaction. Johnson has pleaded not guilty.

Beyond Barclays, the other banks that pleaded guilty in May 2015 in the foreign-exchange probe included a unit of Citigroup Inc (C.N), JPMorgan Chase & Co (JPM.N) and the Royal Bank of Scotland Group Plc (RBS.L).

A fifth bank, UBS Group AG (UBSG.S), pleaded guilty to manipulating benchmark interest rates. All five banks are scheduled to be sentenced on Thursday in a federal court in Connecticut.

The case is U.S. v. Katz, U.S. District Court, Southern District of New York, No. 17-cr-003.