London’s non-bank prime of prime sector picks up on human traders adding value in the face of study that shows 75% of rapid appreciation of the CHF was created by bank algos
Paul Foley of Cyprus based management consultancy TCG explains the important considerations that brokerages should prioritize, extending across IT, project management and commercial governance
Leverate’s Adinah Brown looks at how the CEO of JPMorgan Chase, Jamie Dimon, was particularly outspoken against the futures, stating that bitcoin is a “fraud”. He went on to state that anyone “stupid enough” to purchase it will ultimately “pay the price for it one day.”
“I expect more bank branches to be closed and more fintech opportunities to be created. I also expect that more fintech M&A deals will happen especially where banks buy growing companies” says Wael Salem, as he examines how the non-bank world has disrupted FinTech in every area from payment solutions to blockchain technology
Paul Foley of Cyprus based management consultancy TCG explains the important considerations of GDPR, MiFID II and how these impinge on regulators and regulated firms in Cyprus and Britain, including a look at ‘passporting’ with a focus on exposure to potential law suits
“Spreads tight as they are will become tighter. In the real world it’s the false spread on the B- Book operators actually causes the client to lose. If the client is marked up the the chance of the Client losing is even greater” says Meir Velenski as he disseminates the IB model and how MiFID II could see an end to it.
Leverate’s Adinah Brown takes a good look at The General Data Protection Regulation and how brokerages can use business intelligence and marketing tools in order to remain compliant
“There is almost no business that takes place over the internet at the moment, and there never has been” – A detailed look at market connectivity
B book firms with no contact with customers and an automated model have more than stirred the attention of regulators with regard to how customers are onboarded automatically, as the correct asset class and trading environment for their risk attitude, as well as the ability to know the client and establish identity – a very important compliance requirement – is very ambiguous. We look at market connectivity and how it all works
Under 30: the industry’s future leaders. Delia Claudia Bercea and her take on getting in line for MiFID II at executive level
Looking at the young talent that will lead our industry in future, Delia Claudia Bercea has progressed further since reporting on her leadership direction a year and a half ago, and now takes us through a business methodology that she began to present in June last year, that has now been completed. Here is how she did it.
“It is almost impossible at present for many brokerages to know whether they will have to completely start from scratch with new MetaTrader 5 platforms and a single server and if so, will this fit within the ideology of the brokerage in terms of product range and marketing. For example, some smaller brokers opt for MetaTrader 4 simply due to its EA compatibility so that they can onboard MAM accounts in Asia.”
For Amir Haimpour, Senior Product Manager at Optim8, the solution to resolving a shortfall of leads and increasingly lower lifetime value of existing clients lies in the ability to increase the ROI of existing clients in a seamless process. Here, the use of machine learning and analytics are absolutely pertinent
There is an evolution within the OTC derivatives sector, and it is most evident that the most recognized FX service providers and institutional vendors are maintaining their remit to continue an evolutionary stance which has marked the OTC sector out as an innovator across all aspects of this business. We speak to those at the very top on what the important components of the business will focus on this year.
Let’s be blunt, nobody does regulations quite like the Europeans. With 1.4 million paragraphs of legal speak, MiFID II, the latest installment of the European Markets in Financial Instruments Directive, is unlikely to break with expectations, says Leverate’s Adinah Brown
It’s about time! Mainstream regulators ignore FX education and course providers, but now the good is being separated from the bad
“Our experience shows us that dishonest educational and software schemes that pop-up individually are short lived and as such, do not survive as the amount of traders’ losses accumulates. As I mentioned before, with the lack of regulatory provisions to tackle the issue, the Commission will continue to do it’s part and provide guidance and notices to traders and the industry on educational providers that is deems to be engaging in misleading or fraudulent activity.” – Nikolai Isayev, COO, The Financial Commission
FinanceFeeds detailed review of 2017 – April to June. Spotting slippage, American resurgence, prime brokerage expansion, broker accountability and MiFID II
As 2017 draws to a close, we look at the important details that shaped the industry this year, continuing with April to June as the first part in a four part series this week. FinanceFeeds remains committed to detailed reporting from within the industry’s major centers and continuing to work closely with the most important companies that shape the entire future of this business internationally.
Podcast: BIG changes for retail traders. MiFID II, Chinese government crackdown and the right and proper way to run an FX business
Around the world in 30 minutes with FinanceFeeds CEO Andrew Saks-McLeod. Don’t want your client base being viewed publicly? Don’t want to get blocked from certain regions? We also look at why small firms that do not structure their operations properly have no future. Here is a very opinionated explanation on what faces retail FX globally, and how to get it right.
FinanceFeeds speaks to Carla Nemr, Global Head of Business Development at Tickmill, as the company expands globally and takes the operational rather than campaign-related approach to sustainability in retail FX
A very incisive insight into how the various ‘manias’ of the past have ended up, which demonstrate the current crypto-mania and its evident pitfalls. London-based analytics expert Brad Alexander explains in a very charismatic and candid manner indeed
Senior bankruptcy attorney and Partner at Shipkevich Law Firm in New York examines the impending bankruptcy of Global Brokerage Inc, the current status of the bankruptcy case and what it means for shareholders.