Tag Archives: AUM

What better way to start the summer than coming to work in Boston’s North End for a hot startup? The greenway is a perfect place for lunch and “sight-seeing”, al fresco dining can be had all over the neighborhood, and you can do some really cool work as part of the Currensee team.

Our 30-person company started back in 2008 with a handful of dollars and some good ideas. Fast-forward to today and we’re growing our team of stellar employees. If you don’t know much about who we are, we’re a well-funded, high-energy startup that combines financial services and software development to provide a unique alternative investment service for our clients. Our mission has always been to create trust and transparency in the world of foreign exchange and our $30M in assets under management in just over a year and a half proves it.

Since then, we have steadily grown to a 30+ person company that operates in the heart of Boston’s beautiful North End. The people that currently keep us moving forward, known as the Currensee “Pips,” are truly the ones who make being here everyday an absolute pleasure. This group of innovative and hard working professionals comprised of engineers, sales people, product developers, marketers and many more have all contributed to building Currensee into what it is today.

The best part about our company is our ability to strike a perfect balance between corporate and casual. The professionalism within our spacious building is channeled into running and developing the business, while the general milieu of the environment remains relatively laid back. In one conference room, you’ll find all necessary technology for a fully functioning webinar or international conference call, while in another, you’ll see a couple of plush beanbag chairs available for anyone’s relaxation pleasure. And if you ever do find yourself hungry, (which is highly unlikely given the densely populated scene of Italian cuisine and bevy of food trucks right in our backyard) you will be pleased to find a fully stocked, in-house kitchen.

Though our positions are constantly changing, a few that we are currently looking to fill are: Channel Marketing Manager, PT Web Designer/Developer, VP of Engineering, Web Developer, and Integration Tester. So, if immersing yourself each day in an environment that is both challenging and fulfilling where you are always learning is something that intrigues you, please send your resume to hotjobs@currensee.com. Hope to meet you!

 

-------

Be sure to read the full risk disclosure before trading Forex. Please note that Forex trading involves significant risk of loss. It is not suitable for all investors and you should make sure you understand the risks involved before trading. Performance, strategies and charts shown are not necessarily predictive of any particular result. And, as always, past performance is no indication of future results. Investor returns may vary from Trade Leader returns based on slippage, fees, broker spreads, volatility or other market conditions.

It has been quite an exciting day here at Currensee as we’ve been receiving generous coverage on a press release published this morning by the Wall Street Journal’s Market Watch. The premise of the piece highlighted how Currensee’s Trade Leader Investment Program has grown to include over 100 institutional partners who are currently offering the program to their investors and clients.

It is interesting to look back over the timeline beginning at the programs initial inception back in October of 2010, when it was available only to retail investors. It wasn't until roughly a year later that we started providing institutional investors the option of offering the program to their clients, which include asset managers, hedge funds, family offices, introducing brokers, and other financial institutions.

The press release also illustrated how the relatively new realm of online trading platforms are reshaping the way trading happens by allowing investors some degree more control. Javier Paz, senior analyst of Aite Group, explains some components that have contributed to the monumental shifts in forex trading.

"The abundant liquidity of the Forex markets has given rise to a new breed of professional-level traders. This development, along with the popularization of trade-replication technology and prudent copy-trading rules, are the biggest developments in institutional investing since the creation of hedge funds."

The press release definitely brings into perspective just how much this facet of trading is adapting to available technology as a means of improving the way forex investors navigate the world currency markets. Thank you so much to MarketWatch, Elite Group, and the many others who found this information worthy of posting on their blogs and sites - we really appreciate it! Find the full press release here.

-------

Be sure to read the full risk disclosure before trading Forex. Please note that Forex trading involves significant risk of loss. It is not suitable for all investors and you should make sure you understand the risks involved before trading. Performance, strategies and charts shown are not necessarily predictive of any particular result. And, as always, past performance is no indication of future results. Investor returns may vary from Trade Leader returns based on slippage, fees, broker spreads, volatility or other market conditions.

Aite Group recently mentioned Currensee as one of the Top 10 Trends in Wealth Management. “Copy Trading” is listed as the #7 trend on the report and shows some very positive signs for 2012.

The report refers to copy trading as “...one emerging financial service holding promise because it improves the outlook of all three pillars of wealth management (asset gathering, trading volume and fees), particularly during this period of low yields and uncertain economic conditions.”

Copy Trading CurrencyCopy trading allows investors to follow professional traders by mirroring the professional’s trades in their own personal trading account. This allows investors to gain exposure in other markets where they might not have the time or skill to trade on their own. Copy trading is also beneficial to asset managers because it can funnel millions in AUM through their office.  Managers can offer a single trader or combine a group of traders and create a fund for their clients. In short, managers can offer their clients a viable way to invest in the currency market without being a currency specialist.

In an earlier Forbes article, Aite Group goes on to say how Currensee is the leader in educating investors and managing traders. An important part of copy trading is the proper vetting of currency traders that your clients can follow. The vetting process removes unprofessional traders who don’t have the discipline to trade successfully. By only allowing the top traders to be selected, the follower or asset manager only needs to choose few different traders to create a diversified currency investment. Following a group (or fund) of seasoned forex traders can be a nice addition to the standard equity/debt portfolio.

 

Be sure to read the full risk disclosure before trading Forex. Please note that Forex trading involves significant risk of loss. It is not suitable for all investors and you should make sure you understand the risks involved before trading. Performance, strategies and charts shown are not necessarily predictive of any particular result. And, as always, past performance is no indication of future results. Investor returns may vary from Trade Leader returns based on slippage, fees, broker spreads, volatility or other market conditions.