Ridgewood, New Jersey (PRWEB) May 11, 2006 -–
FX Solutions (http://www.fxsol.com), a leading foreign exchange brokerage executing more than 99 percent of its customers’ trades with no human intervention, today announced the hiring of Dr. Steven Janowsky as the new head of financial engineering.
In this role, Dr. Janowsky is responsible for the continuous refinement of FX Solutions’ unique trading platform, which automates customer transactions, eliminating the need for a traditional trading desk.
“Today’s forex customer wants as close to an exchange-like experience as possible,” said Robert Cortright, managing partner of FX Solutions. “That is why FX Solutions constantly invests in expertise and technology to offer our customers what we believe to be the industry’s best in terms of transparency, pricing, reliability and execution.”
“In order to do that, we need to continuously enhance our risk management systems with a sophisticated approach to financial engineering. Steven’s skills are a critical addition to our team, and ensure that we will continue offering what we believe is the best forex trading experience available today,” he added.
Dr. Janowsky joins FX Solutions from the Clinton Group, a New York-based investment advisor. At the Clinton Group, he served as Head of Analytical Software Development, responsible for risk management, pricing and analytics. Prior to the Clinton Group, Janowsky was Senior Vice President for Quantitative Research at Tradeworx, Inc., a provider of analytical products for institutional investors, financial institutions, technology firms and Internet portals.
Dr. Janowsky, who earned his PhD in physics from Harvard University, has over 20 publications in peer-reviewed physics and mathematics journals.
About FX Solutions
FX Solutions is a leading online foreign exchange (forex) brokerage serving self-directed individual investors. Leveraging a proprietary interbank market price feed, FX Solutions executes more than 99 percent of customer trades with no human intervention, offering faster price discovery, tighter and more consistent spreads and better transparency than they get with other forex brokers.