Introducing Rod Kafer, OnePrime’s Head of Prime

forex4you · Dec 01, 2022, 07:10 am

Introducing Rod Kafer, OnePrime's Head of Prime

Over the
past year, global brokerage OneRoyal celebrated its 15 years of successful
operations. Rod Kafer, the Head of Prime of OnePrime, the Sydney-based and
ASIC-regulated institutional arm of OneRoyal, offers his take on the industry,
and what sets OnePrime apart from other companies. 1. Please
introduce yourself and tell us a bit about your years of experience in FX.

I first started trading futures in the 90s, in
the phone brokering days, and have seen the market change dramatically from that
time, obviously. I spent 20 years in professional rugby and then in media prior
to re-joining the financial services industry in 2019. Prior to joining
OnePrime, I was Managing Director of a Prime of Prime in Sydney for a number of
years. In that time, we witnessed the changing nature of an online brokerage,
as well as the upward trajectory of self-determination in retail investing with
an expansion of products, only likely to continue. As information and
technology provide retail traders with many of the tools that had typically been
reserved for institutions, this makes it easier for everyone to enter the FX
market. This increase in technology will continue to challenge the models and
create opportunities for those nimble enough to execute. The market will react
to ensure business models remain viable and at OnePrime we provide solutions to
enable it.2. You
have a lot of experience with FX and finance - what would you say are the most
important elements that clients should look out for?

I would say that, firstly, clients should
concern themselves with who is on the other side of their funds. They should
look for brokers with a long history to ensure that their counterparty is going
to remain in business tomorrow. Whilst nothing is certain, a business with a
history of more than 15 years is, undoubtedly, stronger and more trustworthy
than a business with no history. As the race to the bottom in fees and charges
continues, clients should also consider what other models and opportunities a
partner may provide them. Institutions provide access at a cost, however, the
prospects for bespoke business models, revenue sharing, and technology
integration should be at the forefront of a broker's mind when reviewing the
options for partnering. Prime Services is a partnership and should be seen as a
relationship with mutual outcomes. Not simply a price feed.3. Can
you tell us a few words about OnePrime by OneRoyal and what it can do for
clients/brokers?

The core role of a Prime Broker is to find a
solution for a client that improves the client's business model. This requires
flexibility and open thinking from the Prime, in order to develop appropriate
solutions. Having a wide range of products, relationships with technology
vendors as well as a liquidity offering that meets the needs of end users,
where optionality for the type of model is key, are things that OnePrime is
committed to. This results in clients and brokers receiving a solution which
may be liquidity, revenue sharing, technology integration, white labels, licensing,
business incubation, as well as access to amazing spreads and executions as liquidity
at a low cost. All or in any combination are designed to maximize the mutual
interest. 4. What
are the three key components that set OnePrime apart from other companies?

Flexibility of offering to solve most problems
- we will continue to focus on our large partners and their specific needs,
whilst also assisting smaller growth brokerages who are in their first few
years of operation or who just started spooling up. We can provide an end-to-end
experience for a broker who has nothing and needs everything including
technology, licensing, liquidity, revenue sharing opportunities - and anything
else that will assist with our mutual growth. We have the experience of not
only having built the OneRoyal business into what it is today with many of the
original staff still involved in the business, but have also shaped other
brokers that were small and then went on to become one of the major players in
the industry. Second, I would say our experience. Experience
of a business that has been in operation since 2006 and has been through all
types of markets, regulations, products, and trends, as well as challenges and economic
crises and still operating as one of the leading brokers in the world. Learn
from our experience and fast-track your growth by experiencing our incredible
product range and tight spreads.Finally, our liquidity is deep, our spreads are
extremely competitive, and our total offering is designed to ensure brokers are
as well placed to be as successful as they want to be.5. Tell
us a bit about your new role at OnePrime as Head of Prime. What will your role
entail?

OnePrime has been in operation for some time,
however, it has now invested heavily in institutional services growth, which I
will manage. Our goal is to add significantly to our broker, money manager, and
Hedge Fund client base. With a huge retail business behind us, we benefit from
the sheer volume of flow which will power our growth into new market segments.
This business is maintained on relationships but built on trust. We will ensure
that what is said on the tin, is delivered and our clients will have no better
opportunity of being successful than in partnering with OnePrime. 6. You
are a multi-talented man, no one can argue with that. Which elements from your
previous career would you say were important for your success in the financial
industry?

Having spent a long period of time in
professional sport, you recognize that sport and business have many similar
attributes, however, require unique skill sets. Like sports, there are always
winners and losers in business as well. Having the desire to be one of the
winners is something that is ingrained in most sports people. Business success
is most often measured by PnL and our team is looking forward to competing with
the industry and taking a little more market share as we grow out our model.About OnePrime by OneRoyal OnePrime is
an institutional arm of OneRoyal, headquartered in Australia. It offers a full
suite of turnkey solutions for new and future brokerages, such as liquidity solutions,
institutional technology, and white labels. Learn more about OnePrime here: <a href="https://prime.oneroyal.com/" target="_blank" rel="nofollow">https://prime.oneroyal.com/</a> Note:
OneRoyal is the trading name of the entities that are part of the Royal Group
Holding SAL. OneRoyal is regulated by multiple entities, such as CySEC, ASIC,
and VFSC, and registered in SVG. Visit oneroyal.com for more information. 

This article was written by Finance Magnates Staff at www.financemagnates.com.

Source: Introducing Rod Kafer, OnePrime's Head of Prime

forex.pm forex forum binary options trade - Introducing Rod Kafer, OnePrime’s Head of Prime

News:

Introducing Rod Kafer, OnePrime’s Head of Prime

forex4you

Dec 01, 2022, 07:10 am