Week in Review Archives - FinanceFeeds

Week in Review

Industry News, Institutional FX, Week in Review

BNY Mellon spearheads South Korean FX prime brokerage emergence as international aspirations loom

BNY Mellon may not be among the very top FX prime brokerages in terms of global market share, however its recent foray into South Korea by opening a trading room in Seoul is symbolic of its APAC aspirations. The bank is clearly not just looking to provide Won liquidity to a local market, but instead is using South Korea as an APAC springboard for global FX order flow at Tier 1 level

Industry News, Retail FX, Week in Review

Cyprus government at odds with CySec: Whilst regulator protects small FX firms, hedge funds are the priority from Nicosia

Now is an opportune time for the island of Cyprus. Whilst CySec’s interest is to keep as many small FX firms in business and has encouraged binary options which has led to the spread of ICOs, the central government is looking toward moving the bucket shops out and moving the hedge funds and family offices in. Here is a great opportunity for the institutional FX sector

Industry News, Institutional FX, Retail FX, Technology, Week in Review

FinanceFeeds hosts Chicago’s finest: Multi-billion dollar listed derivatives leaders join us in the exchange capital of the world

Connecting your MetaTrader platform to genuine multi-asset product ranges is the means of sustaining a good quality future, and Chicago’s esteemed exchanges are very much interested in onboarding retail business. FinanceFeeds hosted some of the world’s most senior level listed derivatives executives at R29 on West Adams Street to discuss how to bring the retail FX industry toward multi-asset success

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Inside View, Institutional FX, Retail FX, Technology, Week in Review

“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