Growing through M&A in FX

Feb 5,2019 / By Natallia Hunik / No Comment

Planning your exit strategy for your fx brokerage is an important consideration that certainly crosses entrepreneur’s mind several years into the business. As we currently in the consolidation wave across the industry, and topic of M&A in FX has been a popular one behind the close doors, as well as in the media.
In this session, that was held during Finance Magnates London Summit 2018, Natallia Hunik and Demetris Tsingis dive deeper into the topic of Mergers and Acquisitions in the FX industry and talk about FX brokerage valuation methods and what assets hold the most value, how to improve your company value in the marketplace and what multiples can you expect when selling your brokerage company.

Forex Broker Forex Licensing

Why You Should Start Your Own FX Brokerage

Aug 27,2018 / By Natallia Hunik / No Comment

In the world of retail foreign exchange, one of the most unique segments in the market is that of the Introducing Broker (IB). The concept is quite simple: an IB is a firm or individual who provides a value added service to the retail “end” client and for introducing their clients to a specific retail broker, the IB receives either a rebate or markup of the spread as compensation. I believe that every IB should start own Forex Brokerage as they run the critical part of the business- sales and marketing.

Forex Licensing Mifid II STP

How to Find Your Broker in UK FCA Register?

Jul 31,2018 / By Natallia Hunik / No Comment

In a world of constantly evolving regulations, licensing and compliance is of paramount importance. Many traders and brokers read and hear about regulation everywhere, but even with all of this awareness, I still often times come across corporate clients and institutional traders who are failing to conduct counterparty due diligence.

Forex Licensing

Vanuatu Forex License Updates

May 16,2018 / By Natallia Hunik / No Comment

Pacific island nation of Vanuatu has emerged as a popular destination for forex brokerage license in the past couple years. The license allows to buy, sell and trade securities like bonds, commodities, CFDs and FX as well as portfolio management on behalf of clients. It typically takes between 4 weeks to 4 months to setup a licensed Financial Dealer in Vanuatu, depending on the agency one uses.
According to my observation, the number of companies registered with Vanuatu Financial Services commission as Financial Dealers increased by 40% in the period of 3 months, amounting to 508 licensees as of January 20, 2017.

LEI number Mifid II

Where to get LEI number and how much does it cost?

Mar 28,2018 / By Natallia Hunik / No Comment

As the global push for greater transparency in financial markets continues to march around the world, top tier regulators are now requiring all entities engaged in trading financial markets to report their LEI (Legal Entity Identifier) number to regulatory repositories.

Mifid II Reporting

Mifid II – New Reporting Structure

Oct 19,2017 / By Natallia Hunik / No Comment

This article was written in cooperation with Ron Finberg, Head of Business Development at Cappitech

MiFID II has been the focal point of many discussions in the European financial world recently. We have previously focused our attention on several of the main aspects of this upcoming regulation, such as Best Execution Policy, LEI Numbers and Counterparty Disclosure.

FX Liquidity Mifid II

MifidII and Liquidity Management Guidelines

Sep 18,2017 / By Natallia Hunik / No Comment

Best execution policy under MiFID adopts a multi-faceted approach that addresses, amongst other things, quality of execution, trading conditions extended to clients and the counterparty selection process. It also provides directions and guidelines on how best execution can be achieved.

Mifid II

Why Retail FX brokers should care about upcoming Mifid II changes?

Aug 1,2017 / By Natallia Hunik / No Comment

MiFID II, the “Markets in Financial Instruments Directive”, is legislation that is set to be implemented across the European Union on January 3rd, 2018. As this due date approaches, many market participants are scrambling to implement changes to hopefully comply with the new rules. Some, on the other hand, prefer to procrastinate as long as possible in the hope of getting further clarity on this pending regulation.

Mifid II

What is LEI number under Mifid II?

Aug 1,2017 / By Natallia Hunik / 1 Comment

Welcome to a financial world, full of mysterious acronyms. LEI, CASS, ECP, EMIR, MiFIR, MTF, OTF… This industry just loves acronyms and MiFID II just gave us a whole lot of new ones to work with.

One that I have started hearing more often is the LEI number and it relates directly to the requirements embedded in the upcoming MiFID II directive. The following article will hopefully give answers to these much-asked questions, what is an LEI? Who needs one? Why it is required? How do I get one?

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