David Cooney is the CEO and Co-Founder of MahiFX and MFX Compass.
David is the subject of our latest 60 second interview:
Q. How long have you been in the industry, and what is your current job title ?
Q. Did you have a mentor and, if so, who?
A. Yep - Mike O'Keefe and Keith de Carlucci both of whom were with Susquehanna, with Keith subsequently former principal of MKM Longboat. They taught me how to think about risk and uncertainty.
Q. Are you by nature an optimist or a pessimist ?
A. I’m a realist with optimistic leanings.
Q. Which business leader do you most admire and why ?
A. While it might sound cliché, I admire Steve Jobs for his relentlessness. Also Gordon Ramsay for keeping it simple, helping others by believing in them, and proving there is a place for swearing in business.
Q. What's the biggest lesson you have learned in your career to date ?
A. It’s all about the team.
Q. What's your favourite business quotation or life motto ?
A. 'Culture eats strategy for breakfast'.
Q. What's the best business book you've ever read ?
A. Tom Peters' In Search for Excellence which I first read after finding it lying round at a family friend’s holiday house when I was about 13. Loved the idea of being focused on doing stuff really, really well. That ethos connects with and informs the Mahi name, which means 'our craft' in Maori.
About David Cooney CEO and Co-Founder MahiFX and MFX Compass
With an extensive career in Foreign Exchange spanning 20 years, David was co-head of the flagship award winning and market leading e-commerce platform BARX
MFX Compass is developed by MahiFX, a team of traders, technologists and statisticians headed by David Cooney, former Global Co-Head of Currency Options and e-FX trading at Barclays Capital. A young David Cooney envisaged a career as a fighter pilot, racing car driver or an All Black but instead opted to qualify as a Barrister before starting his career as an interbank spot foreign exchange broker in his native New Zealand.
Following this David moved to London where he landed a role as a currency options trader first at Chase Manhattan and later at Credit Suisse. This was followed by roles at Dresdner Bank, which saw him move to Singapore to take charge of the currency options operations for Asia before moving back to London as Dresdner’s Global Co-head of Currency Options.
David later became co-head of the global Options desk at Barclays Capital where he was instrumental in developing the award winning BARX platform. David left Barclays Capital in 2010 to set up MahiFX which launched in February 2012 followed by the launch of MFX Compass in 2014.