“We need to completely shake up the binary options industry and position it where it really belongs, that being firmly in the gaming sector” – Barry Davies, Founder, Optiopus
Are you a binary options salesman “just doing a job”? You could be arrested and charged as an accomplice
As EUROPOL holds an international summit on how to enforce the law onto binary options firms, it is worth asking whether working as an employee in that particular industry sector is really worthwhile, or whether it constitutes being an accomplice to what is being considered by international regulators and police departments as fraudulent
GBP/USD rallied 360 pips after UK prime minister Theresa May’s speech. Will the reality of hard Brexit eventually bring the sterling down?
Massive loophole: If Israeli government bans all binary options activities, here is where they will go
Cutting and running is one thing. That is usually what orchestrators of scams do when the heat gets too high. However, outsourcing operations to a call center and sales firm that specializes in this industry, overseas, may allow them to carry on and circumvent any new laws.
The old-school lobbyists may well want to force all OTC FX on exchange, but what if you are a Swiss Bank? – Op Ed
Switzerland’s vault-like reputation and notorious disdain for interference from outside may well be its savior should the exchange lobby attempt to revamp OTC derivatives onto listed venues. When was the last time anyone argued with a Swiss bank or its regulator? That’s right. Never
GBP/USD opened the week with a 170 pips gap. Will the sterling slide further this week?
Live from Shanghai: When the liquidity rush comes, China will dominate its own institutional and retail FX industry from within
China will have a self sufficient end to end FX industry ecosystem from Tier 1 bank level down to the retail trader very soon indeed, and it will be a massive, finely honed domestic market powerhouse
Q: When is a retail FX brokerage a multilateral trading facility or clearing house? A: Never.
“What is Liquidity Management? Most of us are familiar with those terms separately, but I can assure you 99% of the retail FX marketplace, including the brokers, tech providers, and EA masterminds, have little if no idea what those two words mean when you group them together” – Kevin Murcko, CEO, FXPIG
It will no doubt come as very good news indeed that the binary options business is beginning to be suffocated by the global regulator and government level discourse against it, as well as the public awakening, in that the shadow cast over our industry by it is likely to disappear, however the damage done will take time to repair
5 FOMC members are scheduled to make 6 speeches this week, including Fed Chair Janet Yellen. How will the dollar dance along with their speeches?
“Last year I wrote how I had in the run up to the end of 2015 written quite a few fairly Bearish pieces and that the market had been fairly bearish and that it seemed to be settling into a somewhat neutral state with possible bearish tendencies.’ I went further a suggested in Nov 2015 we have two possible outcomes for the next 12 months” – Eddie Tofpik
The social trading days are over. Today’s retail clients are as sophisticated as professional traders. We take an opinionated and comprehensive look at how this happened and what has now transpired
Institutional career in London and suburban lifestyle without the headache? Impossible surely?.. Hello Elizabeth!
Less than a year’s salary as an interbank or institutional trader in London will buy a fantastic mortgage-free lifestyle in the home counties, and thanks to the advent of the Elizabeth Line, the sole downside – that awful commute – will be no longer a consideration. We take a mildly amusing look at what this all means
Do you know that there are 7 habits of Great Forex Traders? Find out what they are and see how many of these habits you fulfil!
Why is IronFX still licensed when it owes a fortune in unpaid tax to the very country that licenses it and fails to pay withdrawals? Why does the FCA license undercapitalized firms? The real quality in this industry is the result of the excellence, hard work and dedication of the professionals that lead the electronic trading industry, not the impotence of some of the regulators. It is time for customers to look at firms on a meritocratic basis and not just who is regulating them
2017 could be the year of US domination of institutional FX and equities dark pools as MiFID rules take dislike to anonymity
2017 may well be the year in which North American institutional dark pools flourish, and in which MiFID’s restrictions on European soil, and failure by European banks to operate according to US rulings may decimate European dark liquidity.
“Thus, Belgium’s policy is at odds with the global drive toward causing minimal collateral damage which is a cornerstone of business ethic and leadership in the developed world.” – Meir Velenski, CEO, Velenski Financial Group
Prime brokerage, trading platforms, the dynamic of the retail OTC electronic trading business and liquidity distribution via innovative means. This is how we see the year ahead, in a detailed and presumptive preview