To operate as a brokerage in Poland, a company should either have authorization as an investment firm or as an investment firm agent from Poland’s regulators.
Less flashy adverts, refusal to accept French clients and use of questionaries for investors, are amid the findings.
Outrageous misrepresentation in football sponsorship a danger to the FX industry and must be stopped
Unregulated binary options firms with no registered physical address and a litany of less than flattering diatribe adorning internet forums, as well as misleading company names are still being accepted as major sponsors for prominent British football teams. Until this is stopped, it is a danger to our esteemed industry, perpetrated by complete outsiders
Why is BDSWISS allowed to continue to pretend to be a Swiss company when actually it is a CySec licensed binary options, CFD and OTC FX broker operating a b-book? Misleading advertising is one thing, pretending to be a Swiss firm is much more serious
Live from iFX EXPO in Hong Kong: Exchange lobby hunting the OTC FX firms? In China the OTC FX firms will take the exchange business
In China, regional exchanges are being forced out of existence by new government rulings, and are now going toward OTC multi-product electronic trading. Here is the full report, live from Hong Kong
Cyprus is a global center of institutional regulatory and market infrastructure evolution: In-depth report from Limassol
Cyprus has become a pinnacle of high quality electronic markets prowess and is now attracting dialog from regulatory technology firms with large listed derivatives giants of Chicago, Tier 1 banks of Germany, global execution solutions stalwarts and government leaders alike. FinanceFeeds exclusively details Cyprus’ elevation on the world stage
The requirements must apply to websites targeting Russian investors.
Under the new bill, companies operating under the Australian Securities and Investments Commission’s license will be required to hold retail derivative client money on trust
Brokers beware: Chinese agents selling fake ASIC licenses to FX firms and promising custody of client funds
Bogus representatives in China are extorting one off fees from brokerages who believe that they would be purchasing an Australian ASIC FX brokerage license. Beware and avoid at all costs
Recruiting in Cyprus- a retail broker’s perspective: FinanceFeeds talks to Merav Ziv Dagan from FXGlobe
FinanceFeeds meets with Merav Ziv Dagan, HR Manager at FXGlobe, to discuss what recruiting in 2017 is like in Cyprus as the company expands rapidly.
Are brokers allowed to transfer money in and out of China for the purposes of funding FX trading accounts? Who knows? ….. and why take the risk? We examine the current situation
Requirements regarding currency rates are apparently tough to implement.
“FX trading by its very nature is always going to evolve”, notes Paul Orford.
The old-school lobbyists may well want to force all OTC FX on exchange, but what if you are a Swiss Bank? – Op Ed
Switzerland’s vault-like reputation and notorious disdain for interference from outside may well be its savior should the exchange lobby attempt to revamp OTC derivatives onto listed venues. When was the last time anyone argued with a Swiss bank or its regulator? That’s right. Never
Only 32% of the respondents were aware that their investments are covered by the FSCS.
Jonathan Baumgart, CEO, MoneyMatters.pl & Atomiq Consulting, expects continued growth in competition in the retail FX sector.
Live from Shanghai: When the liquidity rush comes, China will dominate its own institutional and retail FX industry from within
China will have a self sufficient end to end FX industry ecosystem from Tier 1 bank level down to the retail trader very soon indeed, and it will be a massive, finely honed domestic market powerhouse
Live from Shanghai: “The only way ahead is Chinese media, Chinese presence and Chinese banking. All other channels will not work”
Gone are the days of small to medium brokerages attracting business from mainland China. The only way in 2017 is to have full Chinese operational presence. This applies to brokerage facilities, use of media, hosting and payments.
MAP FinTech confirms exclusive EMIR reporting contract with vast majority of CySec-licensed firms – FinanceFeeds Exclusive
Despite the presence of many regulatory technology firms with EMIR reporting systems to offer, MAP FinTech now has the vast majority of EMIR-reporting firms with CySec licenses on its books