Inside View

Perhaps every trader who decides to start a cryptocurrency business and wants to try his hand at the Forex market is faced with an abundance of different options. One of the more popular solutions is ETF.

How can brokers and regulators prepare for changes caused by democratization of trading?

“If the SEC cannot easily articulate an unassailable legal theory for why particular assets are securities, is the line as clear as the SEC maintains it is?”

The SEC’s bad timing for this motion to compel, however, might save Ripple from a turn of events. 

FinanceFeeds has provided coverage at the 2021 IFX Expo International, which took place on 4-6 October at the Parklane Hotel in Limassol, Cyprus.

A large part of a trader’s success hedges on the broker they choose to trade with. When brokers control the price points, trading costs, and transaction expenses they by extension control the potential profits a trader can make. That’s where transparency comes in. For traders, it is a key factor in deciding which broker to trade with.  

Devexperts has hosted a webinar on how to deliver crypto trading to retail investors as brokers increasingly look to address demand from clients. The session explored the options for decision-makers to inject this asset class into their offering from technology, regulatory, and technical standpoints.

Why is MT4 one of the most in-demand trading platforms? Learn about the core advantages of this trading platform and how to integrate it

“So whether the SEC would care to admit it or not, the Howey orange grove analysis does not apply as neatly to the facts and circumstances surrounding XRP and its offering”.

Ripple has just gained a high-profile backer for its cryptocurrency lawsuit of the century.

“After Hinman’s speech, Lubin publicly predicted that Ethereum would be the only enterprise platform to get a free pass from the SEC, and that “a reckoning is coming” for others — specifically Ripple.”

“It can’t point to an investment contract and instead is going to rely on statements and other murky half-promises made by Ripple”, said attorney Jeremy Hogan.

“If the SEC truly is going to try and make an argument that the difference between XRP and Ether is that the Ripple ledger is not fully built out – that is a major shift in SEC strategy and major admission of a defeat for the SEC”.

Thanks to the wealth of data that are increasingly available to banks and the general public, sophisticated algorithms are enabling improved processes in many areas of finance. 

With a giant daily turnover exceeding $7 billion, Forex is among the most attractive financial markets for traders. In the meantime, the explosive growth of players opens new horizons for business owners who are going to capitalize on such interest. The task seems to be exceptionally straightforward – register a company, connect the required components, and start gaining money. The highest level of competition makes it hard to reach success.

The paper from Advanced Markets enumerates the 12 types of activities that require a license to establish a financial services business in Hong Kong as well as the exemptions, prerequisites, and requirements.

“The sector has a track record of attracting publicity when the coins enjoy a surge higher, so if the cryptocurrencies retest their respective record highs, we could be in for another bout of high volatility”, Equiti Capital’s David Madden said. 

“This is it! This is what the SEC is going to prove in Court and so let’s take a look at its answer under oath”, said Mr. Hogan.

Devexperts will be holding a free webinar to explain to brokers step by step how to go about it. Save the date: September 16th at 9am London!