For those OTC instruments listed on MT5, the depth of market measure has to work differently by proactively allowing resting stop and limit orders to be placed. This enables users to take full advantage of price movements, rather than just seeing orders rejected in full, owing to insufficient market depth, says Andrew Wood of CMC Markets in Australia
FinanceFeeds opinion on the litigation that has been instigated by Alpari US against major Tier 1 institutions for ‘last look’ practices has generated an enormous response. Here is a good example of why having an opinion on this and creating industry discussion on it is vital in order to progress our industry
We examine the reality of genuine FX prime of prime brokerage and what to look for when accessing true market liquidity
Paul Orford offers an ironic and provocative editorial on big data and marketing campaigns in the Forex industry.
The client will then learn that price execution does not exist only as “correct” or “incorrect”, but with many varying options and factors in between. As a consequence, even if an execution problem is found the client will look at this as an error rather than as malicious intent, says Peter Tatarnikov
“The unique position that we found ourselves in is that we are able to deliver top-tier liquidity both from FX perspective and also both from CFD perspective”, says Richard Elston.
“A discounted spread to the underlying price is irrelevant if you cannot get the trade done efficiently or a series of split fills mean that the derived price to fill an order completely ends up exceeding that of the headline price initially offered” – Richard Elston, Head of Institutional, CMC Markets
As a new FX brokerage, you have the option of either purchasing a trading platform, leasing one, or attaching your brokerage’s name to a white label FX platform provider. Regardless of which route you choose to follow, your success lies in big part on the features this trading platform offers and its ability to keep traders engaged, says Leverate’s Adinah Brown
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.
