Detailed snapshot of 2016: The milestones and the attention-grabbers. Happy New Year to all!

The electronic trading industry, whether institutional or retail, is a business which is led and directed by enthusiasts. Enthusiasts who dedicate significant cognitive and practical resources toward driving forward the methods by which asset classes are traded electronically are prolific across the entire business, in the major global centers across Britain, North America, the Far […]

2016-financefeeds

The electronic trading industry, whether institutional or retail, is a business which is led and directed by enthusiasts.

Enthusiasts who dedicate significant cognitive and practical resources toward driving forward the methods by which asset classes are traded electronically are prolific across the entire business, in the major global centers across Britain, North America, the Far East and the Antipodes, which is why this particular sector of the financial markets sector combines ultra-modern technology, deep understanding of liquidity distribution, and continual striving to improve the execution process by which trades are completed, processed and reported.

We at FinanceFeeds are extremely proud to be able to have the opportunity to represent the industry’s current affairs, discuss and research poignant topics in detail with the very executives that actually develop and implement them, and to be able to engage you – the exact enthusiasts who have everything to be proud of – in the highly interesting daily developments across this multi-faceted industry.

2016 was yet another fascinating year, and as its penultimate day begins, and 2017 looms over us in the form of a 365-day opportunity, we take a good look back at 2016 and what made it memorable.

FinanceFeeds wishes everyone a very well deserved reflection on achievement this year, and a highly prosperous, happy, healthy and most of all interesting and enthusiastic new year.

Top Picks of Twenty Sixteen

London

CFD bombshell: Senior FX executive speaks out “The entire OTC FX industry will move to exchanges” in very comprehensive analysis

“Scandals in the OTC industry, bankruptcies related to SNB type events and binary options scammers have given ample justifications to exchange lobbyists to argue against the OTC retail industry. In the end who do you think has more clout with the FCA? The LSE or IG markets ? It is obvious who is going to win.”

 

Drew Niv

A candid and open one to one with FXCM’s CEO Drew Niv on what it was like on January 15

January 15, 2015. Black Thursday. The Swiss National Bank suddenly sent unprecedented volatility into the markets. Here is what it looked like from the office of FXCM CEO Drew Niv, one of the world’s most astute industry leaders

 

retail FX

Average retail FX account size vs average cost of acquisition: How sustainable is the status quo?

It is impossible to compare the development cycle that occurs within the online trading industry with that of any other global business, whether that may be legacy manufacturing businesses or modern, internet based post-Millenial phenomena.

 

Fortress Prime opens Office in Jakarta Indonesia

Why are so many FX brokers interested in Indonesia? FinanceFeeds Research

The b-book with no liquidity feed, the educational sector, affiliates and white label partners, and who succeeded early in Indonesia’s attractive but difficult retail FX market. We investigate with those at the leading edge of Indonesia’s FX industry and look at how to enter, and what clients want.

 

Germany Stagnation

2017 will be a year of FX industry M&A: A very detailed analysis on the changes that lie ahead

Recent M&A deals have been hundreds of millions as massive venues mop up institutional FX firms – not retail client bases for a few million. We examine in great detail what will cause consolidation this year and why it will be much higher up the ecosystem and for very high values, including perspectives from senior industry figures.

 

binary-options-brokers-scam-or-not

Has binary options had its day? – The pressure is mounting

When a practice appears dubious to those who are knowledgeable in a specific subject only, it can be allowed to proliferate with rarely any repercussions.

However, when said practice begins to appear dubious to the general public and becomes the subject of the mainstream media, the attention of the powers that be is often attracted.

 

forex brokers

The days of the bucket shop are numbered

Research carried out by FinanceFeeds over recent months has drawn a very interesting, and actually very promising indeed, that being that the regulatory structure in some of the most prominent and popular locations for retail FX is now so well organized that firms that are unable to cope with the demands of the regulators are, of their own accord, packing their bags.

 

banks

Retail FX brokers beware! Banks not opening accounts for FX firms, meaning client funds and broker capital is at risk

Mainstream banks are continuing to decline the opening of accounts for FX brokerages in which to hold client funds and operating capital, and as a result, brokers are being forced to use 3rd level banks overseas. Fraudsters have cottoned onto this and have been stealing funds from client fund accounts due to the lower levels of banking security offered by such firms

 

Dual MT4 screens

Is MetaTrader 4 dead? Is it an also-ran or proper trading solution? We talk to Dan Moczulski

“It’s worth mentioning that when I refer to Multi-Asset I am talking about thousands and thousands of products, not just an additional gold, dow and Nymex! There are many reasons why this is a good idea for a brokerage” – Dan Moczulski, CEO, Star Financial Systems

 

get-rich-quick-scams-binary-options

Terror, espionage & binary options: Former US secret agent who recovered $2 million for victims likens binary to serious organized crime

Former US secret agent Haggai Carmon explains how he has the ability to finish the binary options business saying that he can “bring the whole house down”. Here is the full account

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Retail FX

The Funded Trader is back? Traders report account closures

Prop trading firm The Funded Trader has updated its website with a few banners, nearly three weeks after it ceased all operations, with claims for a relaunch in the near future. However, there was no official statement on the relaunch on its website, Discord channel, or social media accounts yet.

Executive Moves

NAGA lures former Tickmill compliance exec Loukia Matsia

NAGA Group, a provider of brokerage services, cryptocurrency platform NAGAX and neo-banking app NAGA Pay, appointed Loukia Matsia as their new Head of Compliance and Anti-Money Laundering (AML).

blockdag

Explore 2024’s Top Cryptocurrencies: BlockDAG Leads With 30,000x ROI Potential, Among Surge Predictions For Bitcoin And Ethereum

Navigating the vast ocean of cryptocurrencies might feel overwhelming for many investors, whether seasoned or newbies.

Tech and Fundamental, Technical Analysis

EURUSD Technical Analysis Report 18 April, 2024

EURUSD currency pair can be expected to fall further toward the next support level 1.0600 (which reversed the price earlier this month).

Digital Assets

Binance ordered to remove Changpeng Zhao to get Dubai license

Binance, the world’s largest cryptocurrency exchange, has obtained a Virtual Asset Service Provider (VASP) license in Dubai.

Crypto Insider

Evolution and current state of global crypto adoption

Every four years, the crypto world gets hyped for the Bitcoin halving. Past halvings, like the one of May 2020, saw a massive increase in BTC transactions, which was driven by growing adoption and community involvement.

Digital Assets

Binance set to re-enter India with $2 million fine settlement

Binance, the world’s largest cryptocurrency exchange, is preparing to re-enter the Indian market after agreeing to pay a $2 million fine, according to a report by the Economic Times.

Chainwire

Over 1,000 Builders, Partners, Investors and Enthusiasts Gather at Inaugural Global Event to Celebrate Sui

Last week in Paris, over 1,000 blockchain enthusiasts from 65 countries gathered at the inaugural Sui Basecamp during Paris Blockchain Week. This milestone event showcased major announcements and drew a global community, highlighting Sui’s impactful strides in blockchain technology.

Chainwire

Powered by Qualcomm, Aethir Unveils Game-Changing Aethir Edge Device to Unlock the Decentralized Edge Computing Future

Aethir, in collaboration with Qualcomm, unveils Aethir Edge, the pioneering authorized mining device. Integrated with a distributed cloud network, it offers advanced edge computing, decentralized access, and exclusive rewards. Dive into the decentralized future with Aethir Edge and unlock new dimensions in computing.

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