Should we take heed of the alarmist nature of ESMA’s view that the ‘disturbance’ of the FX market is a major reason for the FX Global Code to be brought in to crack down on spot FX? It is time to fight back against this draconian nonsense and to stand your ground.
“The marketplace is cram packed with FX firms vying for business and the only difference is how their personnel approach and handle the clients” says Meir Velenski
The corporate foreign exchange impact from the UK’s divorce from the EU can be mitigated.
The stock market can be a great venue for day traders to earn a living but it requires a commitment to continuously learn.
We take a very good look at why brokerages need to move away from the affiliate and revenue share model, and embrace proper multi-asset product ranges via platforms that operate via transparent and sustainable methods. This now exists, and will transform your results and client opportunities
It is down to IG Group to ensure that the regulatory tyranny that has taken place in Britain, Australia and Europe doesn’t tarnish the quality and opportunity of the CFD industry in South Africa
It is far more cost effective to get a ready made introduction on board, at around $136 per client than paying on average $1700 for a digital generate lead that may not cover the business set up costs, says senior FX industry executive Meir Velenski
Is America becoming China? It is quite common to be asked by a broker as to how much the Chinese IB would like to deposit to test the system. The answer, in many cases is “About $250.” This means $250 million! Here is my opinionated and open view on the western FX industry and its environment these days.
Try turning a bar of gold bullion on or off…..
In 2020 the Pound plummeted against the US Dollar to levels not seen since the 1980s. It fell to as low as $1.15 at one point in March, before again steadily clawing its way back up again to around $1.34
Surely retail electronic trading is about self empowerment. If that’s the case, why aren’t we all becoming our own bank and having total control without centralized offices, regulators in suits and a system that dictates how things are? Richard Goers, an experienced platform developer and risk analyst makes a good point
FX industry expert Brad Alexander highlights what to look out for in 2021.
“The FX business relies heavily on technology and brokers already have enough expertise and knowledge to compete against banks and startups running their asset management funds” says FXOpen’s Natalia Zakharova
There is a company in London that has been in business for over ten years, markets itself as a MTF, an exchange and a no last look liquidity provider. How can this be, if it operates a retail brokerage and keeps borrowing money? Would your brokerage be comfortable sending client trades to a triumph of marketing over substance?
Jonathan Booth, an academic from Bristol, looks at the use of digital payment processing among a cross section of online industries.
RTS28 is a lot of paper and hot air….
CySec last week issued a fine and marked one of the reasons down as conflicts of interest, but did not elaborate. We expose the incestuous web of deceit that surrounds the FX firm in question. It is time regulators did their investigations more thoroughly
Large FX brokerage denounces green derivatives as a folly, as we get the inside view. FX trading is about best pricing and fills, not pictures of otters and whales.
The equities market has begun to show significant volatility recently, due to unusual announcements. Rupert Thomson of London-based asset manager Kingswood takes a detailed look