The final scene from Clockwork Orange, and the rising stars in the Far East. We take a look at the way that a Western broker can uproot and redefine itself in new, emerging and unburdened Asian markets, with the correct infrastructure and local knowledge
With 23 years of experience in the financial technology sector, Andrew is a prominent international figure within the FX industry. His detailed research in editorial and televised form is often the central point of information for executives within all sectors of the global FX business. Find Andrew on LinkedIn or email email@example.com
Live from iFX EXPO International 2017: Prime of Prime insight: Market maker or a marketer? That is the question
“A prime of prime cannot decide whether to A book or B book, or interfere with the way liquidity is distributed, otherwise it becomes a broker, or market maker” – Ramy Soliman, CEO, Stater Global Markets
A close look at how to avoid being blocked when connecting liquidity to Chinese firms, bearing in mind that external API business is illegal in China and results in the complete blocking of the company’s IP address and access.
iFX EXPO International 2017, highlights and FX industry current affairs from Day 1, here in Limassol Cyprus
Prime of prime and liquidity provision, automation, regtech, digital assets, and the evolving direction of all-important Cyprus as a multi-faceted FX industry linchpin. Here is a full recap of Day 1 of the iFX EXPO here in Limassol, Cyprus.
Live from iFX EXPO Cyprus: Will the machine replace the human in FX? Not entirely, say the senior executives
“If you have a complete system which automates risk management and platform decisions from ground up, not knowing their role, then you’re choosing the wrong provider. AI is not here yet, so if you are choosing someone who has built the all encompassing AI solution from front end to back end, you might want to look at a firm that’s been around longer””
Live from iFX EXPO Cyprus – What do retail traders want? Algos, AI, best execution? Yes, but they want the dream too!
“In some respects, retail structure should be offered in the same way as it is to institutional and B2B clients. They want security, a fair price and execution procedure. We see it in the B2B world where credit is a very hard matter, where many companies cannot get a true prime brokerage”
Saxo Bank has long committed itself to the development of ‘open’ systems for its commercial clients, FinanceFeeds’ Andrew Saks-McLeod having…
Q&A with Euronext global CEO and CFO on FastMatch acquisiton: OTC FX is THE priority – FinanceFeeds goes inside
As FinanceFeeds joins the conference with Euronext’s CEO and CFO this morning, a dialog is in place. OTC FX is on the agenda on a large scale: “Our core proposition is the spot business and market data” says Lee Hodgkinson, Head of Markets and Global Sales and CEO of Euronext London
Breaking: FXCM finally lets go of FastMatch, Euronext set to acquire it and expand to global FX markets
It was inevitable that a listed derivatives venue would acquire FastMatch, as it has been the subject of M&A interest by some of Chicago’s finest in the past. Following FXCM’s recent plight, FastMatch is now on its way to a new owner, that being Euronext, representing another step in the direction of OTC FX for the exchanges
B-book P&L is rife among many brokers but is very shortsighted. Why don’t retail FX firms execute like Tier 1 banks?
The sooner the peripheral element of the retail FX industry embodies this ethos and begins to populate its offices with professionals with institutional and interbank experience on the technological, execution and relationship side, as well as customer facing staff who understand the means by which the market infrastructure of London and New York operates, the better for everyone, including themselves.
Unscrupulous FX brokers from unregulated regions are now displaying false membership of false regulators on their sites, as well as stealing photographs so that they can make up false officials to dupe clients. Is your broker’s name on the false list? Here is a full, detailed insight
London’s high end prime of prime ecosystem expands further as CMC Markets PrimeFX plugs liquidity gap
Prime FX from CMC Markets has been designed to help fill the liquidity gap that has been left by many of the traditional prime brokers scaling back their dealings with smaller banks and brokers.
Breaking: Invast Global CEO Gavin White invited to join board of Japanese parent company Invast Securities Co
It is extremely rare for one of Japan’s giant electronic trading stalwarts to invite overseas senior executives to join the board, however today, one of the world’s most astute institutional FX industry senior executives Gavin White has been invited to join the board of parent company Invast Securities Co Ltd
Bucket shops continue to run rampant in targeting French customers, even after supposed Police crackdown and ad ban
Brokers trading against customers in France, and asking them to send money to an account owned by Worldpay are among many manipulative activities that unregulated firms run unsalubrious individuals are still resorting to, even post-sanctions. Here is a detailed insight
A detailed examination of why London’s intebank FX Tier 1 bank dealers are waning, and where the liquidity is now centered. To those who think China cannot distribute its interbank liquidity outside, a second look is recommended !
Eliran Saada of Express Target Marketing, which has operated the SecuredOptions and InsideOption binary options brands was arrested and is now in front of a magistrate for fraud and making threats, something quite common among binary options brand owners
“Many brokers deliver stale, copied content to their clients combined with boring RSS feeds on their social channels and that just won’t cut it anymore. CMOs are dealing with poor retention, dwindling web traffic and negative reviews” says Niki Nikolaou
The crackdown starts as Israel’s Police swoop and begin arrests. Today, a 38 year old binary options brand owner was arrested in Tel Aviv on account of fraud, blackmail, making threats and operating a false trading system – basically the exact ethos of what binary options is all about. Are the perpetrators finally about to face the music?
Did Interactive Brokers really exit the retail market? Company still going big for retail clients in China!
Interactive Brokers, one of North America’s most well capitalized and stable firms moved away from retail clients last year… Or did it? In China, via the firm’s office in Admiralty, Hong Kong, retail FX is very much on the agenda!