Inside View

Exclusive insights, research, and deep dives on a variety of traditional and decentralized finance topics.

From using computer programs in the 1980s to High-Frequency Trading (HFT) in the 2000s and now using generative AI tools to execute trades at lightning-fast speed, we have come a long way. The new emphasis in stock and forex trading has come through generative AI tools mostly powered by OpenAI’s easily accessible (API) technology. Like other trading segments, investors and analysts in forex trading are excited and concerned at the same time with the increasing role of AI.

Saxo Bank published its Quarterly Outlook for Q2 2024, offering an analysis from the bank’s Strategy team, focusing on the impact of elections in key market countries and their potential to divert attention from critical economic indicators.

FinanceFeeds spoke with Andrew Saks of TraderEvolution Global, Iouri Saroukhanov from Cboe Europe, Remonda Kirketerp-Møller of Muinmos, and Quinn Perrott of TRAction, to ascertain their perspectives on the evolving regulatory environment in Europe, specifically how it’s shaping the transition from CFDs to listed derivatives and what it means for the future of trading and brokerage services in the region.

The research incorporated viewpoints from 210 individuals, including professionals from clearing firms, brokers, asset managers, hedge funds, exchanges, and other market infrastructure operators, with a balanced geographic representation from North America, Europe, and Asia-Pacific.

Drawing insights from five leading experts— Evgeny Sorokin from Devexperts, Anton Sokolov from Brokeree Solutions, Natalia Zakharova from FXOpen, Andrew Saks from TraderEvolution Global, and Elina Pedersen from Your Bourse —this article aims to provide a comprehensive overview of the opportunities and risks associated with prop trading for brokers.

Insights are provided by leading industry experts, including Elina Pedersen, Co-CEO & CRO of Your Bourse; Andrew Saks, Chief Product Officer at TraderEvolution; Natalia Zakharova, Head of Business Development at FXOpen; Alexandros A. Patsalides, Head of Deriv Prime; and Jay Mawji, CEO of Infinox.

“There was a distinct lack of utility in the reports for investors, most likely driven by there being little, if any, meaningful comparisons or conclusions that could be drawn from the reports.  This aligned with TRAction’s experience from its work collating and preparing these reports for some of our clients.”