TRADABLE EXPANDS FOR NEXT GROWTH PHASE

Significant new appointments including Patrick Mortensen as CCO and doubling the size of its development teams

Tradable has appointed Patrick Mortensen as Chief Commercial Officer (CCO). Patrick 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 organisation 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 comments, “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.”

Patrick Mortensen adds, “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.”

Launched as the world’s first open trading platform, Tradable allows traders to completely tailor their trading environment with third party apps from the Tradable App store. With the Tradable API, third party developers can build and deploy a range of custom trading tools and apps, designed to empower traders. The Tradable platform is offered to traders through regulated brokers and financial institutions only. For more information, please visit www.tradable.com