CEO MONTHLY / ISSUE 4 2023 23 Trading Places One Global Market Limited provides a world-class trading experience where clients can trade CFDs on exclusive instruments, including indices, commodities, currencies, and stocks. Recently recognised in the Most Influential CEO Awards 2023, Naji Karak tells us more about the company. One Global Market (OGM) is an FCA regulated broker that has earned international recognition for its dedication to fulfilling the needs of traders. The platform is designed with traders in mind, incorporating essential trading tools and dependable customer support from the ground up. The aim for OGM is to be the preferred destination for traders seeking to fulfill their trading requirements. The firm caters to a broad spectrum of clients, including individual retail traders, institutional professional traders, hedge funds, and corporations, each with unique needs, goals, and risk appetites. To effectively serve them, it offers a range of personalised and tailored services. These include competitive pricing, a diverse range of tradable instruments, advanced trading platforms, tools, and exceptional customer support, with a focus on providing a comprehensive range of assets and cuttingedge trading technology. “OGM is committed to enhancing the accessibility of trading by providing traders with cutting-edge tools, and our objective is to deliver an exceptional trading experience that enables traders to build the skills, confidence, and trust necessary for success,” explains Naji Karak, the firm’s CEO. “Our core values are centered around offering outstanding customer support and implementing state-of-the-art technology.” At OGM, providing exceptional customer support is not only a key strength but also a foundational principle of the business. Irrespective of the industry, customers expect and deserve personalised and knowledgeable assistance, and the support team is dedicated to delivering courteous, proficient service to ensure clients’ overall satisfaction. Prior to joining OGM, Naji was MENA Head of Sales at FXCM US. Primarily focused on leading teams of the firm’s relationship development of new and existing customers, he worked closely with the firm’s partners to evaluate new opportunities. “Effective leadership in our industry requires a combination of strategic thinking, adaptability, and the ability to foster a positive culture,” he elaborates, speaking of his own personal leadership style. “I have a clear vision of the company’s goals and the ability to communicate it effectively to employees, investors, and other stakeholders.” Over the years, the forex industry has evolved rapidly, driven by technological advancements, and shifting market trends. As a result, Naji tells us that his leadership style has had to adapt to these changes, including having to embrace digital transformation, prioritise cybersecurity, and develop strategies to compete in a global market. “My management style evolved over the years to foster a culture of innovation, collaboration, and continuous learning.” he continues. “It is required in our organisation from top to bottom to prioritize ethical behavior, transparency, and social responsibility in our decision-making processes.” At OGM, the dedicated team of employees are vital to the success of the firm as they provide the expertise and services that the clients require, maintain a positive company image, build strong client relationships, and contribute to business growth and profitability. Naji tells us that the internal culture is characterised by innovation, collaboration, and a shared sense of purpose. “We promote open communication, mutual respect, and continuous improvement, which leads to higher employee engagement, productivity, and performance. Additionally, we strive to differentiate ourselves from our competitors by emphasizing the importance of diversity, creativity, and personal growth within our work environment. “Ultimately, our success depends on the talent, dedication, and teamwork of our employees.” In the industry, brokers face a multitude of challenges both currently and in the future. Among these challenges is the intense competition in the market, which necessitates continuous innovation and differentiation to attract and retain clients. Regulatory and compliance requirements also pose a challenge, as brokers must comply with ever-increasing regulations and requirements that can be costly to implement. “The firm had to contend with market volatility and geopolitical events that at times impacted our trading volumes and profitability,” elaborates Naji. “As a result, managing risk effectively became critical. Additionally, we had to keep up with technological advancements and offer cutting-edge trading platforms and tools to stay ahead of the competition.” Recently, in recognition of his hard work and dedication to the industry, Naji gained recognition in the Most Influential CEO Awards, being named Most Influential Brokerage Services CEO, 2023 – London. With regards to OGM, he tells us that it is soon to undergo a Change in Control, which will allow for additional investment in the firm. This, in turn, will enable the company to pursue its technological and personnel ambitions to become the preferred broker for its clients. On a more personal level, Naji plans to build upon his current experience by focusing on several key areas, these being innovation, expansion, compliance, client relationship management, and talent development. “By focusing on these areas, we aim to build upon our current success, increase our market share, and become a leading broker of choice for clients globally.” Contact: Naji Karak Company: One Global Market Limited Web: www.ogm.market Feb23141
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