The following article was written by Anya Aratovskaya, VP of Institutional Sales at Advanced Markets and Fortex, Inc. While some industry sources are arguing whether or not MiFID II will dramatically affect the FX industry, most FSA and CySEC licensed FX brokers are rapidly adjusting policies in order to comply with the new requirements. One…
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LeapRate has learned that experienced Forex industry executive Nidal Abdelhadi has joined Abu Dhabi based FX brokerage house ADS Securities as its new Head of Global Institutional Sales. A native of Jordan, Mr. Abdelhadi began his FX career with Jordanian-owned but Swiss-based MIG Bank, spending 10 years at MIG moving up the ranks from regional…
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Regulators around the world are stepping in to clean up retail FX, including addressing the over-leveraging.
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The following article was written by Natallia Hunik, Global Head of Sales at Advanced Markets. More than a few times over the past year, I have come across instances where companies have thought that they were paying for legitimate ASIC licenses when, in reality, that was not the case. There appears to be several “light fingered”…
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FAM Clearing, LLC, a joint venture between Fortex, Inc., a leading FX ECN trading platform, and Advanced Markets, a wholesale provider of liquidity, technology, and credit solutions to banks and brokers, announced today the two new executive appointments. Satomi Toyoshima has been appointed as a Managing Director of Japan Operations for FAM Clearing. Mrs. Toyoshima brings…
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The following article was written by Anya Aratovskaya, VP of Institutional Sales at Advanced Markets. Yesterday, I got an email from one of my old contacts thanking me for persuading him not to go into the retail FX brokerage business last year. The email was sent from the corporate domain of his new business venture,…
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This article was written by Natallia Hunik, Global Head of Sales at Advanced Markets. Do you think 2017 will be another big year for prime of prime? If so, you’re in very good company. Our view is that, as the Chinese market matures, the 2017 trends in China could boil down to the following: Quality over…
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How much should a retail brokerage charge in commission and markups to ensure its costs are covered?
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This article is written by Richard Perona, VP of Institutional FX at Advanced Markets. In 2016, we have seen some incredible market dislocation due to various global events (BREXIT, US Elections, OPEC, GBP Flash Crash, FOMC to name a few). Having experienced my fair share of these moves, I find myself in a unique position to…
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This article is written by Anya Aratovskaya, VP of Institutional Sales at Advanced Markets. Traditionally, December is the month when the majority of FX professionals take some well-deserved time off. Fund Managers are avoiding any major market participation that could negatively impact annual return statistics; bank employees are trying to use up their remaining vacation…
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