press Release

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Petraco Appoints Alberto Salsiccia As Chief Financial Officer

Nov 26, 2020

LUGANO, CH, Nov 26, 2020 - The Petraco Group has appointed a new Chief Financial Officer, Mr. Alberto Salsiccia. He will take on his predecessor's position with a desire to maintain the Group's strong presence in commodities trading as well as the company's commitment to meet global energy demand while promoting a sustainable and low carbon future. Prior to joining Petraco, Alberto Salsiccia served as a consultant for PwC Milan and EY Zurich in the areas of Banking and Capital Markets.   A spokesperson for Petraco stated "We are thrilled with Alberto's appointment. He is incredibly well-prepared to lead the financial aspects of our business and will undoubtedly bring enthusiasm and passion to his role". Many commodity trading houses, like the Petraco Group, have well-established financial departments which maintain relationships with financial stakeholders. The nature of the physical trading business means a good rapport with banks is important. Highlighting the company's open door, collaborative and collegiate culture, Alberto said "Petraco is an incredibly friendly workplace, and I am thrilled to be heading their highly capable financial department. We are currently consolidating our position as physical traders working to do our bit in achieving a low-carbon future." This is in line with other commodity trading houses who have also invested in recent years to diversify their businesses to ensure emissions reductions. Many of these companies have added LNG trading into their business, a product with lower carbon emissions, as well as electricity and carbon permit trading. "Petraco has always been and will always be a company that prides itself on its employees. We simply would not be where we are today without our highly qualified and capable staff. Our recruitment process is rigorous, yet personality is often key. It is so great to be able to work alongside trade finance officers who work together as a real team". Alberto started in Petraco's Accounting & Compliance Department, before being introduced to trade finance and eventually being promoted to the prestigious position of Chief Financial Officer. He added, "I have some big shoes to fill after the fantastic work of our previous CFO, especially in light of the challenges presented in 2020. The oil industry suffered a great hit but for us the first and foremost priority is the safety of our employees during the Covid-19 crisis. We are lucky to live in the beautiful city of Lugano with our offices against the backdrop of a spectacular mountain landscape, but we must never become complacent or take anything for granted. Hard work and safety are the main priorities". Read more about Alberto's appointment as CFO at https://www.linkedin.com/company/petraco-group/. Media Contact Petraco Oil Company SA Mr. Alberto Salsicciapetraco@petraco-oil.comhttp://www.petraco-oil.com

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A new generation of contract exchange-OMEX turned out to be popular on the whole network

Nov 26, 2020

OMEX Contract Exchange has a professional and experienced blockchain technology and operation team, committed to providing a safe, convenient, stable and low transaction cost platform for global digital asset contract trading users. The platform provides Chinese and English support to optimize the experience for global users 1. PC, mobile phone, Android and iOS terminals are complete: computers and mobile terminals are complete to maximize the usage habits of different user groups. 2. The operation interface is simple and clear, beautiful and comfortable: OMEX platform pursues the ultimate user experience, and the interactive interface is simple and easy to use. 3. Millisecond transaction speed: The OMEX digital asset trading system is designed to have a concurrency of 500,000 per second, and it stably supports high amounts of data and high concurrency. The transaction mechanism adopts fixed spreads and centralized matching and hedging transactions. The transaction speed of entering and closing positions can reach the millisecond level. Traders can instantly respond to the rapid rise and fall of market changes during the transaction. 4. Collect global mainstream digital assets and complete transactions: The platform provides the current 7 major global digital assets. 5. The perpetual contract model most popular with current users: With the deepening of the contract transaction model and the continuous improvement of market and user needs, the traditional contract transaction model has been upgraded to the perpetual contract transaction model. The perpetual contract model has been popular in the market as soon as it was launched. Compared with the traditional contract trading model, perpetual contracts have no delivery period and traders can hold positions for a long time. OMEX is one of the earliest trading platforms to provide and focus on the perpetual contract model. 6. Very low transaction cost: Transaction cost is one of the most concerned factors for users. OMEX always takes the concept of providing the most cost-effective products to ensure that transaction costs are at a lower level in the industry. 7. Unique risk control mechanism: The OMEX digital asset trading platform uses a stop-profit and stop-loss mechanism based on the transaction price, which is more accurate to the minimum risk than the traditional price-based stop-profit and stop-loss mechanism. It can be calculated to the single digit of the account balance. This risk control mechanism can help traders overcome the fears generated during the transaction. 8. It is necessary to perform multiple complicated calculations of the ratio of liquidation. In addition, it is difficult for ordinary investors to calculate the transaction risk caused by different leverage. More importantly, it is easy to produce changes in mentality during the calculation process. This change is in the transaction. After becoming unpredictable, it is easy to produce risk-fear syndrome. Relative to optional leverage, fixed leverage isolates the calculation risk generated when choosing, and each transaction can see the most intuitive results in the account, allowing traders to easily control transaction risks.

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Take you to reveal the leader of the contract market——OMEX exchange

Nov 26, 2020

Since the establishment of the Chicago Board of Trade (CBOT), the first modern futures exchange in 1848, futures contracts have become the most common financial instrument in traditional financial markets. With the rapid development of the blockchain industry, the advent of the contract era has become a historical necessity, which also means the arrival of a new outlet comparable to the spot market.   In the process of cryptocurrency growth, OMEX, as a contract trading platform, makes its own contribution to the entire industry. Since the beginning of 2020, OMEX has upgraded its product line many times, enhancing the user experience and feelings. In addition, DeFi products on the OMEX platform have developed rapidly. In the future, after the entire OMEX ecosystem is built, I believe that this trading platform will provide services to more users and build the entire blockchain ecosystem.   OMEX provides users with safe, convenient and efficient digital asset currency and derivatives trading services. Provide blockchain real-time information tracking for global users, bring together elites who love blockchain, and commit to building a digital asset trading platform center. Our mission: We believe in the core ideas of Bitcoin and blockchain, and believe that distributed ledger and smart contract technology will build a foundation of human trust, eliminate transaction barriers, improve transaction efficiency, and have a significant impact on human real economy. Therefore, we gave up a lot of temptations and devoted ourselves to the tide of the blockchain technology revolution, hoping to do a little bit to change the world. OMEX will launch high-quality digital assets from time to time. All digital assets have undergone strict risk control screening, not limited to the credibility and liquidity of the assets, and provide stable and effective support for the digital asset market. The current contract market is still in the stage of competing for the best, whether it is the head or the newcomer, all aspects are not perfect. Although the contract market is developing rapidly, the chaos in the contract market has become more and more serious. Among them, the most criticized are exchanges guarding and stealing, manipulating market conditions, such as inserting needles and unplugging network cables, which make investors hate it. OMEX provides another set of solutions to provide investors with a fairer trading environment. Its market cannot be manipulated, no pins, no network cables, and unlimited depth to ensure that investors can open positions instantly and without slippage. The current contract market is still in the stage of competing for the best, whether it is the head or the newcomer, all aspects are not perfect. OMEX is one of the first batch of contract players. Its stable style of "work hard and look up to the road" makes it have a good product experience and a large user base, making it the first stop of choice for contract whites. The contract market, like the spot market, will eventually form a Matthew effect, resulting in a winner-takes-all situation. The development of OMEX has always adhered to the continuous principle of "fairness and no evil", providing users with a good service experience and a complete risk control system. Only by sticking to the heart can the last laugh in the fierce contract battle.

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Create a new digital economy ecosystem, OMEX Exchange will make your digital assets rejuvenated

Nov 26, 2020

Since the Internet, people's asset trading behavior has undergone tremendous changes. The rapid development of the blockchain is more ferocious and subversive than the Internet, and the financial model has a new direction, allowing the global digital economy to be rapidly improved. As a new generation exchange, OMEX digital asset trading platform is supported by a super international operation and technical team. It is committed to providing a safe, convenient, stable and efficient digital asset trading platform for global users, and creating a digital asset and digital transaction platform. New ecology of all-round digital economy. The platform is jointly built by academics with rich international operating experience and industry-leading technical teams. It has users in many countries such as Europe and Asia. The difference between the innovation of the OMEX trading platform and other digital exchanges lies in the mining of popular projects. And empower, bring value to community users. This is one of the core competitiveness of the exchange in the future, and it is also the inevitable way for the exchange to accumulate reputation and enhance its brand. OMEX Exchange will provide one-stop protection for the security and privacy of user assets, transactions, and identity verification. At the same time, a series of behaviors such as payment, transfer, and social activities will be aggregated in the landing application of OMEX Exchange, which is completed efficiently and quickly. Trading of digital assets. By opening up the connection between digital assets and the real world, enrich the application scenarios of blockchain technology and digital assets, and truly activate your digital assets. OMEX Exchange knows that no industry should have only a single product to compete, and should have the ability to integrate product chains. The OMEX exchange has now formed a global digital trading exchange with “spot trading + contract trading” as the core. In the future, it will join more product businesses such as mining pools and cloud computing. If blockchain technology can empower all walks of life, then OMEX Exchange will empower blockchain and provide a platform for innovative blockchain technology to show itself. OMEX exchange will not stop its progress, continue to walk on the road of exploring unknown areas of the times, and seize the new opportunities of the times!

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