Tag Archive for: commercial foreign exchange

Skipping Stone Adds Hiroshi Okuyama as New Executive Vice President in Japan

Tokyo, Japan – October 12, 2020 – Skipping Stone, a global energy markets consulting and technology services firm, has appointed Hiroshi Okuyama as Executive Vice President to lead the company’s growing risk management services and wholesale markets practice areas. He will be engaged with both Japanese and International companies in the areas of commodity trading, futures, risk management business practices and the related growth strategies.

Mr. Okuyama has extensive experience in global commodities trading and risk management. He has held positions of increasing responsibility from trading on the commodity exchange floor in New York to ultimately the Presidency of Unicom International and US Japan joint venture proprietary trading firms with trading operations in New York, Singapore, Hong Kong and Japan.

As President of Unicom International, Mr. Okuyama led the company in changing and adapting their strategies and risk management practices to fit the evolving commodities markets. Upon his return to Japan in multiple leadership roles with Nissan Securities, he helped develop their international business and corporate strategies.

Working closely with John Brown, Skipping Stone’s Partner in charge of global risk management services, ETRM systems and energy technologies, Mr. Okuyama will leverage the company’s global experiences to bring best practices to the Japan market.  He will also leverage his extensive knowledge and relationships in Japan to assist Skipping Stone’s international trading clients entering the Japan energy markets.

“I’m honored that Hiroshi has agreed to join our company,” said Peter Weigand, Chairman and CEO of Skipping Stone.  “Hiroshi fits extremely well with our leadership team of former executives with global experience.”

Shuichi Kishida, Skipping Stone Japan President commented, “Adding Hiroshi’s deep experience in wholesale markets, international commodities trading and risk management to our Japan team, will reinforce our ability to serve our clients’ expanding requirements in the liberalized power and gas markets.”

Media Contact:
Skipping Stone Japan
+81 3-5521-1070

Skipping Stone US
nyoung@skippingstone.com

Skipping Stone and Monex Europe Announce Partnership

Press Release

 

 

 

Skipping Stone and Monex Europe Announce a Partnership to Help Clients Better Manage FX Volatility Risk and Cross-Border Payments

 

Los Angeles, CA – May 7, 2019 – Skipping Stone, a global energy markets consulting and technology services firm announces a partnership with Monex Europe, the world’s leading specialist in commercial foreign exchange. Under the partnership, Skipping Stone will work with energy companies involved in international commerce that can benefit from Monex Europe currency hedging and risk management services.

All FX trading, currency hedging and risk management services are provided by Monex Europe. With more than $5.2 billion in assets, group FX turnover in excess of $198 billion, and more than 4.9 million transactions made each year, Monex Group is one of the world’s largest commercial foreign exchange providers. Their global presence spans 12 cities across 3 continents. Monex Group’s industry-specific knowledge, sharper FX pricing, and market insight. Monex Europe will work with Skipping Stone clients to mitigate exposure to FX volatility risk and help them manage cross-border currency transactions with greater efficiency.

“Skipping Stone is active in 50 countries with many of our clients operating in multiple countries. As we have worked on business plans and financial forecasting, we have found that currency risk management can be a significant issue,” said Skipping Stone Chairman and CEO Peter Weigand. “Our partnership with Monex Europe will help our clients improve their bottom line by providing them with more effective and efficient options for managing their FX exposure and cross-border payments.”

 

About Monex Europe

Monex Europe is part of a wider global financial services group called Monex S.A.B., a publicly listed investment grade institution with more than 30 years of experience in the FX industry. As a group, the global presence of Monex spans 3 continents and 12 cities across the globe. Monex Europe is a top 10 global currency forecaster, consistently ranked at the top of forecasting tables by Bloomberg, FX Week, and Thompson Reuters FX pools. For more information, visit www.monexeurope.com.

 

About Skipping Stone

Skipping Stone is an energy markets consulting firm that helps clients navigate market changes, capitalize on opportunities and manage business risks. Our services include market assessment, strategy development, strategy implementation, managed services, technology selection, technology implementation, project management, and talent management. Our sector focus areas are natural gas and power markets, demand response, technology services, renewable energy, and distributed energy resources. Skipping Stone’s model of deploying energy industry veterans has delivered measurable bottom-line results for over 270 clients globally. Headquartered in Boston, the firm has regional offices in Atlanta, Houston, Los Angeles, Tokyo, and London. For more information, visit SkippingStone.com or www.skippingstone.co.jp.