Week Recap: Our pick of the best weekend reads

Noam Stiekema

    My personal journey – Guest Editorial I would like to share my personal journey into the FX industry. Not many know this story but I feel that sharing may inspire others in similar positions as myself, to go the extra mile. Read more…     Cyprus political party leader takes on IronFX A further […]

Week Recap: Our pick of the best weekend reading

 

 

Luis Sanchez- My Personal JourneyMy personal journey – Guest Editorial

I would like to share my personal journey into the FX industry. Not many know this story but I feel that sharing may inspire others in similar positions as myself, to go the extra mile.

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Andros KyprianouCyprus political party leader takes on IronFX

A further step toward ensuring the safeguarding of the FX industry in Cyprus by way of ensuring that those which show disregard for abiding by the correct code of conduct become the subject of discussion not only at regulatory level, but also something which is causing senior government officials in Cyprus to put pen to paper.

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Transparency in Managed AccountsTransparency in Managed Accounts: an interview with Galacticks CEO Scott Glover

The dynamic nature of the Forex industry embraces new entrants to the business as an opportunity to evolve, more knowledgeable, more efficient, more accessible. With than in mind, FinanceFeeds met with Cyprus-based account management service Galacticks, a company which also has satellite offices in the UK and Dubai, to take a look at what may come next in this particular sector.

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The Future of the current retail FX & CFD brokerage modelThe Future of the current retail FX & CFD brokerage model- Guest Editorial

Today I’m going to take a look at the future of the Forex & CFD companies, given the warning signals showing up and how companies might be able to better position themselves for the change in direction..

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Where did the drive toward exchanges for retail FX go?Where did the drive toward exchanges for retail FX go?

Across the OTC FX industry five years ago, following the implementation of the Dodd-Frank Act in the United States which ruled that all institutional non-bank electronic trading must undergo a vast set of infrastructural changes which included the registering of swap execution facilities and a stipulation that all trades must be executed and cleared through central counterparties.

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photo-1448906654166-444d494666b3UK FCA Business Plan 2016/2017 calls for innovation in the financial sector

The UK Financial Conduct Authority has released its business plan for 2016/2017, reviewing 2015 and sharing new objectives and considerations regarding the financial sector in today’s world. Regulating over 56,000 firms and having authorized more than a thousand last year, the regulator aims to protect consumers and the financial markets, as well as promoting competition..

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Japanese FSA to address high frequency trading (HFT)Japan’s FSA to address high frequency trading (HFT) for its play in market distortion and volatility

Japan’s Minister for Financial Services made a statement at a press conference today, informing that a general meeting of the Financial System Council will take place in early April in order for experts to discuss the issues of FinTech disruption, such as the emergence of blockchain technology, and high frequency trading that has been massively adopted by the institutional investment banking sector, with potential negative effects.

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A candid discussion on retail binary optionsWhose order flow is it anyway? – Candid discussion on retail binary options with Binarystation’s Greg Beliakov

Today, FinanceFeeds spoke to Mr. Beliakov, at a time during which the OTC binary options industry has been under considerable scrutiny and is in a developmental phase in which it is now evolving, in order to gain full perspective as to the rationale behind elevating binary options platforms into the institutional sector.

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unnamed (1)The future’s made of virtual…. reality

“Forget your virtual reality, oh, there’s nothing so bad” sang Jamiroquai famously in his 1996 release “Virtual insanity”.

Whilst the song was indeed a hit, Jamiroquai’s prediction was perhaps slightly wide of the mark as here we are in 2016 and the subject of virtual reality in FinTech is the talking point of the season among some of the largest consultancy firms in the world.

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AAEAAQAAAAAAAATSAAAAJDJlNjAyMDJkLWJkZmYtNGM0NS05ZGJmLTUwN2RmNjlmNGNiZQThe £11,000 office night out: Employees of prominent London bank’s pies, burgers and 110 bottles of whiskey

Corporate entertainment within London’s affluent financial center is most certainly en vogue, and indeed the high budgets are back on the menu, along with the finest champagne – or in this particular case, Scotch whiskey.

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Read this next

Digital Assets

Crypto exchange Bittrex exits US market amid regulatory woes

Bittrex said on Friday it plans to wind down operations in the United States and voluntarily liquidate because of the uncertain regulatory environment surrounding their business.

Institutional FX

Tradeweb completes integration of Nasdaq’s US fixed income platform

Tradeweb Markets has completed the technology integration of Nasdaq’s US fixed income electronic trading platform, formerly known as eSpeed, which it acquired two years ago in a $190 million, all-cash transaction.

Digital Assets

FTX Europe to allow client withdrawals via new website

The Cypriot unit of failed cryptocurrency exchange FTX has launched a new website that it says would allow customers to withdraw deposits of fiat currency and crypto assets after months of suspension.

Retail FX

Liquidators apply to cancel SVS Securities’ FCA license

An update published today by Leonard Curtis said the UK high court of justice has approve their application to bring the special administration of the failed wealth manager SVS Securities to an end.

Digital Assets

Japan forms government panel to pilot digital yen

Japan’s Finance Ministry has created an advisory panel to look at the feasibility of issuing a central bank digital currency, otherwise known as “CBDC”.

Digital Assets

USDC sees massive $10.4 billion outflows in March

Cryptocurrency traders have withdrawn more than $10 billion from the world’s second largest stablecoin, USDC, in less than three weeks even as concerns over the fallout from the Silicon Valley collapse have receded.

Interviews

OSTTRA’s Joanna Davies goes beyond 30-30-30 data standard at FIA Boca 2023

FinanceFeeds Editor-in-Chief Nikolai Isayev spoke with Joanna Davies about OSTTRA.

Interviews

CloudMargin’s Stuart Connolly on how to manage collateral amid high rates at FIA Boca 2023

FinanceFeeds Editor-in-Chief Nikolai Isayev spoke with Stuart Connolly about CloudMargin’s SaaS platform, said to be the only cloud-native collateral and margin management system in the industry, at a time of stress due to rising interest rates.

Interviews

Baton Systems’ Alex Knight on solving post-trade with DLT at FIA Boca 2023

FinanceFeeds Editor-in-Chief Nikolai Isayev spoke with Alex Knight about Baton Systems’ about rising settlement fails, collateral management, and the profile of DLT beyond cryptocurrencies.

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