Randal Nardone; A Figure of Leadership

The current Chief Executive Officer of Fortress Investment group started out at Boston School of Law and also holds a Bachelor of Arts degree in English and Biology from the University of Connecticut. Despite this, he is now in the finance field heading Fortress Investment Group which started out as a private equity firm upon its establishment. Randal Nardone was alongside Wes Edens and Rob Kauffman. Currently, he is in charge of legal issues and financial matters of the company. Thus his law degree is still in use despite the company being an investment management firm. He was in the leadership forefront right from the start in 1998 when the organization was established.From that year, he sat in the management committee. He shot up the ranks, and in November 2006, he was elected into the board of directors. On top of being the Chief Executive Officer, he is a principal and director at the firm.

In his tenure of leadership, the company has taken significant strides one of them being the sale of all its outstanding shares to Soft Bank Group, A Japanese owned organization.The sale totaled to $3.3 billion. This meant that every Fortress Class A share would receive $8.08 which is an increase from the initial price of $5.83. The executives of the company made $1.39 billion, each sharing according to the size of their investment. Randall believes that this sale would speed up the growth of the company on top of opening up greater credit sources. Soft Bank decided to preserve the leadership of Fortress which it attributed to its success alongside its business model. The employees too trust in the administration and credit them for creating a positively challenging and learning environment.

On top of the profit made from this transaction, Randal Nardone sits at #557 of the Forbes Billionaire’s list with a net worth of $1.8 million on self-made status. Before Fortress, Randal Nardone was the Managing Director at the Union Bank of Switzerland between May 1997 and May 1998. He was a principal at Blackrock Investment Management, and before committing to the financial field, he served on the executive committee and a partner at Thacher Proffitt & Wood law firm. Currently, his leadership qualities are enlisted by SpringLeaf Financial Holdings LLC as president and Chairman; Newcastle LLC, President of NSC1 as vice president and secretary.Having been interim CEO since 2011 and taking the seat in 2013, Randal Nardone has shown exemplary leadership in all positions he has held.

AvaTrade Review: Should You Start Trading Cryptocurrencies with AvaTrade Today?

Cryptocurrencies have entered a new era with their introduction to the forex and futures trading markets. With brokers are now offering new instruments for their traders to enter the booming Bitcoin market, AvaTrade is sure to be one of the first to offer Bitcoin trading to their customers.

There are several digital currencies that are created using encryption techniques, hence the term cryptocurrency. They lack any physical denominations, being only unique, encrypted data. Cryptocurrencies, however, have become popular in recent years because Central Banks and national governments cannot regulate or manipulate them, unlike other Fiat currencies. Because of this, cryptocurrencies like Bitcoin are becoming the currency of choice for transactions on the internet. Bitcoin has been gaining acceptance with many ecommerce sites that take it as a payment method.

Bitcoin futures trading officially opened on December 10 at Chicago-based exchanges Cboe Global Markets Inc. and CME Group Inc., bringing cryptocurrencies into the mainstream. This has made it possible for brokers like AvaTrade to offer Bitcoin trading to institutional and individual investors on their own trading platforms.

AvaTrade has used solid financing and a focus on user experience to get an edge on its competitors in the online-trading business. AvaTrade makes multilingual support desk service available 24 hours a day for its an entire range of platforms and services. The broker has crafted a trading platform tailored for novice and expert traders alike. AvaTrade offers trading instruments in the Forex, stock, commodity, and index trading markets.

Since 2006, AvaTrade has been innovating the online trading business. Formed by a combined team of financial and ecommerce experts, AvaTrade has made a retail trading experience that surpasses what is found at other brokers. In recent years, the broker has rapidly expanded to execute over two million trades a month for more than twenty thousand customers registered around the world.

Headquartered in Dublin, AvaTrade’s offices are also located in Paris, Milan, Tokyo, and Sydney. The company has won nine different industry awards since 2009 because of its user-friendly trading platforms.