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OANDA unveils Labs Trader program

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OANDA announces the launch of OANDA Labs Trader, a new profit-sharing program for traders

NEW YORK, Jan. 22, 2024 /PRNewswire/ — OANDA Global Corporation today announced the launch of OANDA Labs Trader, a pioneering trading program centred around profit sharing that enables traders to grow their skills and accelerate their profits.

OANDA Labs Trader is available to residents of countries serviced by OANDA’s Global Markets division, a firm authorised and regulated by the Financial Services Commission of the British Virgin Islands. The program is designed to give talented private investors and self-directed traders the unique opportunity to become signal providers, on a profit-sharing basis, to OANDA’s proprietary trading business.

In order to unlock the profit share as an OANDA Labs Trader, traders must first pass an assessment through a trading Challenge, a demo environment that gives them the chance to test out their strategies and skills with virtual funds.

Commenting on this launch, Kurt vom Scheidt, Chief Operating Officer of OANDA, said: “Our vision is centred on enabling smarter trading for clients. Through this program, the most capable traders are empowered with streamlined access to global financial markets across a range of asset classes. In addition to the share they can earn on their profitable trading of virtual funds, traders will receive the necessary tools, such as educational materials and exclusive data-driven features and widgets, to set them up for successful trading.  We look forward to growing our proprietary trading activity by incorporating valuable signals from Labs Traders as inputs into our trading models.”

OANDA Labs Trader is also a vibrant new brand that will resonate with traders and private investors around the world, expressed by sharply contrasting orange and black hues. Built around the bold tagline “you raise your game, we’ll raise the capital,” OANDA Labs Trader inspires self-reliant traders to leverage skills, insight, and strategies to achieve their financial goals.

How the OANDA Labs Trader program works

The OANDA Labs Trader program allows traders who pass an assessment to gain access to an OANDA Labs Trader account and share in the P&L they produce. OANDA’s proprietary trading models use the trading signals produced by OANDA Labs Traders in combination with other input variables to guide OANDA’s market positioning decisions. OANDA’s proprietary capital is at risk, so OANDA asks potential OANDA Labs Traders to complete an assessment (the “Challenge”) to qualify for the program and demonstrate an ability to generate profits and manage risk. Although the capital provided in the OANDA Labs Trader account is virtual, traders are entitled to a share of profits generated in their account.  OANDA Labs Traders are given access to our technology and market relationships to help them use their trading skills to create profitable signals.

For more information visit the OANDA Labs Trader website on https://labstrader.oanda.com.

OANDA Labs is also a dedicated content hub within the OANDA Labs Trader website that provides traders with unique, data-driven tools like Market Sentiment and Topical Instruments, as well as a variety of articles with strategic information to help them make better trading decisions.

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About OANDA

Founded in 1996, OANDA is one of the world’s leading online trading groups, offering multi-asset trading, currency data, and analytics to retail and corporate clients around the globe.

From its roots providing free exchange rate data on the Internet to launching a forex trading platform that helped pioneer web-based currency trading, OANDA remains dedicated to building smarter trading experiences.

With regulated entities in many of the world’s most active financial markets, including New York, Toronto, London, Warsaw, Singapore, Tokyo and Sydney, OANDA enables retail clients to trade in a variety of asset classes on an award-winning trading platform. Depending on geographical location, these may include derivatives of global market indices, equities, commodities, treasuries, precious metals, forex, and cryptocurrencies.

For more information visit https://www.oanda.com/group/ or follow OANDA on LinkedIn.

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Great Bay Insurance Group announces executive changes

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WEST ATLANTIC CITY, N.J., March 14, 2025 /PRNewswire/ — The Great Bay Insurance Group (the “Group”), a leading provider of coastal homeowners’ insurance in New Jersey, today announced the following leadership changes. Timothy J. Byrne, Jr., has been named as President of the Group and Ronald R. Lovatt has been named President of Great Bay Insurance Company, a wholly owned affiliate of the Group.

Mr. Byrne Jr. has nearly 15 years of industry experience and previously served as the Group’s Chief Operating Officer overseeing the Groups operations and underwriting strategies. 

Mr. Timothy J. Byrne, Sr., Chief Executive Officer of the Group, added, “I’m excited to announce the promotion of Tim Jr. to the role of President of The Great Bay Insurance Group and Ron to the role of President of Great Bay Insurance Company. Tim Jr. and Ron have been an integral part of the Group since its founding in 2019.”

As President, Tim Jr. will provide oversight for all corporate support functions and will continue to report to Tim Sr. 

Mr. Byrne Jr. holds a BS in Economic and Mathematics from the University of Vermont, an MBA in Risk Management and Insurance from St. John’s University and holds a CPCU designation.

Mr. Lovatt has 40 years of broad insurance industry experience in leadership capacities with international, national, regional and start-up insurance companies. Ron is a founding member of The Great Bay Insurance Group, working with Tim Sr. & Tim Jr. to launch Great Bay in late 2019. Ron currently serves as Chief Underwriting Officer & Chief Claims Officer for The Great Bay Insurance Group, has an MBA from The Wharton School of the University of Pennsylvania, and a Bachelor of Science degree in Economics, Finance, Accounting & Marketing from Miami University.

Contact:
Investor Relations
Brian Schleider, CPA
Chief Financial Officer
609-434-2000, x102

brian.schleider@greatbayinsure.com

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Cision View original content:https://www.prnewswire.co.uk/news-releases/great-bay-insurance-group-announces-executive-changes-302401923.html

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Forward Global responds to surge in UK shareholder activism with launch of UK Corporate Contests Practice

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LONDON, March 14, 2025 /PRNewswire/ — International risk management firm Forward Global launched its UK Corporate Contests Practice on Tuesday in response to what is described as “all-time high of shareholder activism” in London and Paris. 

Speaking ahead of the launch on Tuesday night, Brendan Foo, Partner and Global Head of Corporate Contests at Forward Global, said “As activism gains currency as an asset class, savvy investors are looking toward the UK and Europe to generate alpha. Indeed, in 2025 alone, we have seen an unprecedented demand for our services not just in our traditional strongholds of the US and Canada, but also in the UK and Europe. This reflects the surge in activist (and active) engagements, with which our team is uniquely well-placed to assist.”

Forward Global’s Corporate Contests Practice was established to meet demand from law firms, investors, and advisers to provide a comprehensive suite of services to support companies in high-stakes shareholder engagements. In keeping with the firm’s established activism practice in the US, the new London offering will deliver investigative and intelligence work such as vetting board nominees, relationship mapping, scrutinizing the track records of both incumbents and challengers, and conducting deep-dive reputation analyses. In Europe, Forward Global’s Patrice Lambert-de Diesbach offers clients battle-tested expertise in investor relations and financial communications.

Shareholder activism in the UK has expanded significantly, with campaigns becoming more frequent and sophisticated. In 2023, the number of new public activist campaigns in Europe surged by 68%, with the UK remaining a primary target. US-based activist investors have also increased their focus on UK firms, launching 40% of all UK activist campaigns in 2024. With contested boardroom battles and regulatory shifts on the rise, the expansion of Forward Global’s Corporate Contests practice into the UK is well-timed, equipping issuers with the intelligence and strategies needed to navigate this evolving landscape.

The firm launched the new practice at an exclusive gathering at the International Institute of Strategic Studies in London, bringing together leading voices from the shareholder activism space to discuss the evolving landscape of transatlantic shareholder activism.

The panel discussion, featuring Brendan Foo, Patrick J. McHugh of Okapi Partners, and Sebastian Fain of Freshfields, explored critical considerations for US investors entering the UK market and vice versa, differences in engagement styles across jurisdictions, and strategies for issuers to proactively engage with both activist and active investors. Panelists also examined the impact of anti-DEI and ESG sentiment on investor relations in the UK, as well as how issuers can adapt to evolving regulatory and institutional expectations.

John Watts, Managing Partner of Forward Global UK, added, “Forward Global’s new UK Corporate Contests Practice is designed to provide companies with the strategic intelligence and investigative depth needed to navigate an increasingly complex activist landscape. Our team is committed to equipping clients with the tools to engage proactively with investors, safeguard their strategic interests, and strengthen shareholder relations across Europe.”

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Notes for Editors

Forward Global is an international group, with its historic headquarters in France, boasting five main offices in Paris, Brussels, London, Miami, and Washington. As a leading player in risk management with over 450 employees and 30 partners, Forward Global offers an integrated approach across the three major risks: digital, economic, and informational.

Logo: https://mma.prnewswire.com/media/2641946/Forward_Global_Logo.jpg

 

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NYSE Content advisory: Pre-market update for March 14, 2025

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NEW YORK, March 14, 2025 /PRNewswire/ — The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today’s NYSE Pre-market update for market insights before trading begins.

  

Alison Kosik delivers the pre-market update on March 14th

  • Investors welcomed a cooler-than-expected Producer Price Index reading for the month of February as tariff talk continues out of Washington D.C.
  • Attention shifts to the Federal Reserve decisions coming next week as inflation data suggests the rate of inflation growth could be slowing.
  • S&P 500 looks to rebound after ending yesterday in correction territory, which is a decline of at least 10% from a recent high.

Watch NYSE TV Live every weekday 9:00-10:00am ET 

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Video – https://mma.prnewswire.com/media/2641945/NYSE_March_14_2025_Market_Update.mp4
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Cision View original content:https://www.prnewswire.co.uk/news-releases/nyse-content-advisory-pre-market-update-for-march-14-2025-302401916.html

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