The operational, client acquisition, marketing, technology, risk management and trading infrastructure support costs are a major consideration for most brokerages these days. We look closely at the viability of operating a completely automated retail FX brokerage, weighing up the potential cost saving and efficiency against the loss of relationships from a direct and B2B perspective
We look at the difference between what MT4 provides and what a proprietary platform provides, and how your brokerage can elevate itself without a massive capital outlay to gain market individuality as well as look after a loyal, high quality client base
Whereas MetaTrader 4 has been limited to a few asset classes, MetaTrader 5 is a natural progression to multi-asset trading for most brokerages. We discuss the readiness of the retail FX industry to emulate the genuine institutional world as MetaTrader 5’s rise to prominence takes hold. Join our discussion in Limassol, Cyprus
Introducing brokers are a critical component within the retail FX industry worldwide. We look at the flaws of the current model and why brokers should stop giving IBs the short shrift, as well as if the finely honed Chinese IB model could work in other regions of the world
Using social media to its full potential means actively engaging with customers to create a sense of ownership and enhance a stronger relationship. But how exactly do you do that? Leverate’s Adinah Brown gives several pictorial and explanatory examples
Regulation has been a massive topic recently, in major jurisdictions, affecting the FX & CFD industry. But what about Switzerland? We look at why it is unique with senior compliance and risk executive Laurent Bellieres
Despite their knowledge of different brokers’ pricing, I respect the way the developers are declining requests to recommend a broker based purely on pricing. I take a look at a new product that will disrupt the way pricing is displayed and improve transparency so that traders can make their own conclusions regarding execution quality
Since the removal of access to counterparty credit by many banks, several non-bank entities have entered the liquidity provision space. We dissect how to differentiate a REAL prime of prime from a retail firm that offers a B2B price feed from its own desk
From execution method to understanding order flow and risk management, and from regulatory technology to relationships with prime brokerages. As Cyprus continues to attract new firms whilst its end to end ecosystem becomes ever more comprehensive, our candid discussion lifts the lid on future challenges and past scenarios
From onboarding clients via decoy offshore branches to lack of regulatory jurisdiction. Here are the conflicting practices that involve affiliates accepting deposit payments to personal accounts to bamboozle the merchant services providers and why such practices slip through the net
Global regulators may end up having a Pyrrhic victory upon the industry that we all know and love, according to Paul Orford.
Australia, one of the countries that is subject to the CRS, is a very well recognized center for the FX industry. Prior to July 1 this year, OTC derivatives brokers will need to determine whether they are caught by the CRS requirements. TRAction FinTech Director Sophie Gerber investigates
Flashy yachts, helicopters, imagery of comfortable retirements and financial independence along with boasts of absurdly high returns proliferate the ‘education seminar’ sector. Thousands of novice traders have been stung, and educators have conflicts of interest including splitting losses with unregulated brokers and selling dummy trading software. This has gone unchecked for years, but is it about to end? We take a close look
What if Labour get in? They have promised and threatened the whole of the business sector with draconian measures including the Tobin tax, says Meir Velenski
Do Bitcoin and the 17th century tulip mania have anything in common? Paul Orford explains.
If all exchanges, MTFs, OTFs, a-book and b-book brokerages have to adhere to MiFID II’s price and execution rulings including the publication of their entire client bases and real time trade data, why are the Tier 1 banks that are currently creating a liquidity credit crunch allowed to choose how and when they execute trades, and operate anonymous and un-transparent order flow methods?
The best cybersecurity defenses are based on actively learning algorithms, says Corvil’s David Murray.
“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.
