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 !
Our week in China
Chinese IBs continue to flock from the old, state exchanges to FX, with the government’s help! – Live from Guangzhou
“Most IBs we are looking for are IBs that have been working with exchanges. They have a very good client base, and the clients are wealthy with strong portfolios across many asset classes, but because the small regional exchanges were operating a B-book and were not bona fide exchanges, the government has brought this to public attention and is shutting them down, and the investors need something more reliable and less subject to malpractice, so are turning more and more to spot FX” – Elvis Tsang, BeneForex
Guangzhou, a haven for the entire FX industry: Complete montage of Day 1 of the Fortune Forum conference
In Guangzhou, the world’s large FX and OTC derivatives firms gathered to discuss in detail the important aspects of today’s highly refined business environment here in China. Here are the full highlights of day 1 of the Fortune Forum FX industry conference
Prime, prime of prime, and the Great Firewall. Just who is really providing genuine liquidity? – Live from Guangzhou
Here is how to check whether a Chinese liquidity provider is actually sourcing proper liquidity from genuine sources, and how to check if the terminology is being misused.
Here in Guangzhou, China, we discuss how to ensure best execution to Chinese customers, and how to reduce the latency – You cannot beat the firewall, but you can build sophisticated trading systems for increasingly demanding Chinese IBs and retail customers. Here is a comprehensive insight
A very detailed look at the FX industry in China’s all important Tier 2 towns: FinanceFeeds to report from Guangzhou this week
On May 12 and 13, FinanceFeeds will report live from Guangzhou, China, on all important aspects of what is important when dealing with the 100,000 lot per month, $300 million asset under management IBs in the second tier development towns, and will work closely on how Western firms can work with the most profitable businesses in the retail FX industry
Live from Shanghai: Direct FX is now connecting MT4 to CME for true multi-asset retail trading. We speak to Tim Brankin
Here in Shanghai, Tim Brankin explains a world first in which the MetaTrader 4 platform is now connected to CME to enable retail customers to trade listed derivatives on CME and OTC FX on the same system via the same brokerage
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.
Chinese clients are very astute when it comes to understanding of execution model. Some companies are prepared to forego the massive volume opportunities that come from non-Chinese companies that invest in complete Chinese infrastructure in order to provide clients with a Western trading environment
No more bogus exchanges or counterfeit platforms. It’s professional FX liquidity and prime of prime these days
For today’s Chinese brokerage, quality IB relationships and connectivity via a bona fide prime of prime are vital. Here in Shanghai, we look at how China’s FX industry is completely B2B. Fake exchanges and warehouse brokerages cannot measure up to China’s sophistication, and Western firms wishing to join in must not do so remotely
eToro’s massive influx into China – one year on. Live interview with APAC CEO Jasper Lee in Shanghai
Just over a year ago, eToro gained Chinese investment. Now, we speak to the firm’s Chinese CEO on how eToro has leveraged its relationship with PingAn to absolutely localize and take China by storm
Live from Shanghai: “The only way ahead is Chinese media, Chinese presence and Chinese banking. All other channels will not work”
Gone are the days of small to medium brokerages attracting business from mainland China. The only way in 2017 is to have full Chinese operational presence. This applies to brokerage facilities, use of media, hosting and payments.
Identity of Mizuho risk management exec who fell to his death whilst at work revealed; had money worries
It is always extremely unfortunate when our otherwise highly interesting industry suffers a loss in the form of human casualty….
What if you could trade on-exchange binary options directly on MT4? TradeToolsFX Managing Director Tim Brankin reveals all
“We saw all the success that TRADOLOGIC and SpotOption were having with their OTC binary options businesses, and we started…
“FX makes up only 50% of all retail trading” – Live industry debate at FXIC Shanghai on need to go multi-asset
10.00am, December 8, Shanghai, China. Live from the FXIC Shanghai Forex industry conference today, a discussion among senior industry executives…
Could Chinese IB business be brought to an abrupt end? Chinese government has busted $64 billion underground banking industry to clamp down on illegal capital outflows
A taboo subject among many senior executives in the FX industry is the method by which retail customers in China…
What has China, a vast and sophisticated nation of over 1.35 billion obedient, smart and urbane citizens who work accurately…
Ever wondered why a once-valuable IB suddenly stops referring business without explanation? – Here’s how to resolve it
Here in Shanghai, which is not only the epicenter of China’s economic powerhouse but rapidly becoming the backbone of the…