Today many global FX brokers have their sights set on China. It is certainly a land of opportunity, where brokers, regardless of their size, can unlock their growth potential and capture above-average profit margins. It seems the perfect market, doesn’t it? Investors who are hungry for volatility, fast returns and a hassle-free trading environment but the harsh reality is that only a few brokers are able to make it in China.
I, along with my institutional FX team at Advanced Markets and Fortex, am dealing with FX brokers who may be in search of liquidity, technology solutions of all kinds, infrastructure enhancements or sometimes just a price feed that is stable and reliable on a daily basis. We have seen it all from novice brokers that need everything explained from A to Z, medium-sized price-conscious brokers that are trying to bypass pre-qualifications and over-state their volume figures to get better deals to larger brokers asking us to fill out lengthy RFPs (Request for Proposal) while the work on selecting a new liquidity partner.
One should never underestimate the importance of platform stability and system “uptime” to an FX brokerage. These are critical aspects of the business that should never be overlooked and it is therefore vital that you make the right choices when considering someone to host your company’s server(s). By entrusting hosting to a third party, you are effectively dependent on that provider’s expertise, reliability and trustworthiness. Remember that, should they fail, every minute of downtime could cost you a considerable amount of money and, perhaps even worse, seriously damage your brand credibility.
As a first-time buyers in Massachusetts, my husband and I had to go through the thorny road of home buying last year that was full of unexpected challenges and lots of learning along the way. In the age when information sharing is burgeoning and so many useful tools are available at your fingerprints, home buying process can become quite an enjoyable and rewarding process if you approach it from the right angle and with the right set of tools. I wanted to share some useful tips and tricks that can help my fellow first-time home-buyers in their house hunting.
