Natallia Hunik sits down with Andrew Saks McLeod of Finance Feeds in London to discuss how FX liquidity access has changed for the retail FX aggregators.
Topics discussed included:
1. Why retail FX aggregators lost access to Tier 1 Prime Brokers?
2. How retail FX brokers source liquidity nowadays?
3. How much flow on average do retail FX brokers STP to the market?
4. What is the outlook for the future?
Natallia sits down with Andrew Saks McLeod in London to discuss how FX regulatory landscape is reshaping with implementation of Mifid 2.
The following benefits of RTS27/28 for the brokers are discussed :
– Ability for the retail investors to verify if their broker practices what they preach. Many brokers claim they are sending the flow to the market, whereas in reality they are serving as a counterparty to those trades as demonstrated by their RTS27/28 reports
As we are turning the corner of 10 years post 2008 financial crisis, I would like to reflect on my past 10 years in FX and how it has changed.
FX Prime Brokerage and FX Prime of Prime scenes have undergone dramatic changes.
Hedge fund performance over the past decade has not been that impressive in general, however, currency hedge funds have taken a particularly strong beating.The FX market has proved disappointing to lots of investors in the years since the 2008 financial crisis, when the world’s biggest central banks launched stimulus programs to help breathe life into struggling economies.
Trade execution in OTC derivatives is a burning issue among regulators and clients, as is how to source genuine liquidity. In an interview with Andrew Saks-McLeod, founder and CEO of Finance Feeds, we go into detail on how to make sure this is done to your advantage, and done properly.
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.
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.
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.
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.