A blustery and highly enthusiastic debate about FXCM, its impact on the world and potentially on China, a red suit and a green suit. If you want to know exactly how to future proof yourself when working with vital Chinese entities that are continually evolving and highly sophisticated, read with equal enthusiasm as the CEOs who spoke today!
Live from iFX EXPO in Hong Kong: How to structure YOUR brokerage in China, where culture meets technology
WeChat, online seminars given by stars in the making whilst holding a smartphone, localization on a very granular level, and culinary, er, intrigue. A very detailed discussion among those in the know from the retail, institutional and FinTech sectors on how to successfully market in China
Live from Hong Kong: Retail firms MUST move on. The future is API, multi-product wealth management, democratized prime brokerage and high tech execution
The boundaries of modern electronic trading must be pushed in every direction from prime brokerage to platform flexibility to multi-asset solutions in one, fully adaptable platform. Live from Grand Hyatt Hotel in Hong Kong, full details are presented to senior leaders of the institutional industry
Cyprus is a global center of institutional regulatory and market infrastructure evolution: In-depth report from Limassol
Cyprus has become a pinnacle of high quality electronic markets prowess and is now attracting dialog from regulatory technology firms with large listed derivatives giants of Chicago, Tier 1 banks of Germany, global execution solutions stalwarts and government leaders alike. FinanceFeeds exclusively details Cyprus’ elevation on the world stage
Could last look execution in FX be banned? Not a chance. FCA wants to, but has no power and no remit
As long as the FCA has no remit over banks, absolutely nothing will change the privilege that single dealer platforms have with regard to last look execution. We examine the words of a senior FCA official alongside the industry’s standpoint
Exchange monopolies, massive retail trading aspirations and corporate scandals: Deutsche Boerse CEO to face huge grilling
Tomorrow, Deutsche Boerse CEO Carsten Kengeter faces tough questions over his alleged insider trading and on what grounds he has any remit to move the HQ of a merged entity between LSE and Deutsche Boerse to Frankfurt. Cartels, clearing and margin pool monopolies, undercapitalization, politics and an eye on the OTC world are major concerns
Will ailing Credit Suisse want to distance itself from FXCM and sell its FastMatch share to Leucadia?
Brokers beware: Chinese agents selling fake ASIC licenses to FX firms and promising custody of client funds
Bogus representatives in China are extorting one off fees from brokerages who believe that they would be purchasing an Australian ASIC FX brokerage license. Beware and avoid at all costs
CMC Markets’ Richard Elston examines the difference between white label partnerships and API connectivity
“There’s no doubting that a White Label is a far more complex proposition to execute, but it’s a valuable way of getting market exposure where intermediaries already have a strong brand and geographical presence” – Richard Elston, Head of Institutional, CMC Markets
One of IG Group’s major contributors to its corporate strength, David Russell, has joined Global Prime Partners in London as Prudential Risk Manager
“Dodd-Frank is a disaster” says Donald Trump as relaxation begins; Full steam ahead for US FX industry
Donald Trump has begun his relaxation of US financial markets regulations, ensuring that the US remains a top quality jurisdiction with a well deserved high level reputation, yet friendly to bona fide businesses wishing to conduct their operations in North America without being crippled by bureaucracy.
What will Cyprus FX brokers do to comply with new leverage and bonus rules? Part 1 – the Prime Brokerage
“When you have regulatory changes regarding bonuses and leverage which have to be adhered to, you have to factor this into the business. In essence you just have to roll up your sleeves and find new clients to make up the shortfall.”
FX Options are very rare in the UK, yet a mainstay of the electronic trading sector in America. With the regulators and exchange lobby looming, on-exchange options may be the way to go, however one particular British firm has just bowed out altogether
The bias toward hedge funds and trad prime brokerages is not new. It is resurfacing though, as the listed derivatives lobby once again puts its 2 cents in…. Or should that be $50 million?
London leads the way in financial technology, however its regulatory authorities are committed to stimulating innovation. We talk to the central government about how FinTech and electronic trading are priorities for London as a financial powerhouse
Obituary: David Hitchins, Head of FX for EMEA at Jefferies passes away, aged 42. Colleagues raise $20,000 for his children
Just days after the extremely sad news that FX industry senior executive David Hitchins had passed away unexpectedly, colleagues and friends at Jefferies set up a memorial fund to pay for his children’s education. In just two days, $19,600 has been raised. For those wishing to contribute, read on
Fourth largest interbank FX dealer’s 1 billion euro loss: Corporate fecklessness compounds liquidity crunch
The OTC derivatives and non-bank prime brokerage sector in London leads the way ahead, innovates and produces the most sophisticated execution and market infrastructure in existence – largely due to the necessity of navigating the banking ham-fistedness and ensuring that the very best is made of it for the end user traders
“Companies in Britain with STP-only licences that operate an agency model in terms of execution are ever more desirable. Those firms are considered as fairer and safer among Chinese brokerages, partners and traders, because they don’t trade against you” – Naomi Ewart-Simcock, AFX Group
Does a broker need a dealing desk anymore? As ISPrime acquires ThinkLiquidity, we speak to both parties
Does a broker need a dealing desk any more? That is the question as corporate synergy amasses in the prime brokerage and risk management sector between two household names