Hello Markets' Wassim Khateeb Talks Rebranding, Pepperstone in Focus

With autumn in full swing, several brokers and platform providers are already undergoing vast transformations, including Hello Markets and Pepperstone – meanwhile, ICM Capital’s Shoaib Abedi checks in with Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term Magnates.

Weekly Interviews

Hello Markets’ Wassim Khateeb Talks Rebranding and Upcoming Product Development

Forex Magnates touched base with Hello Markets’ Managing Director, Wassim Khateeb, for his exclusive perspective on the firm’s rebranding and new product development, which looks to be unveiled in the near future. Read More Here

ICM Capital’s Shoaib Abedi Talks Expansionary Offerings and the Value of FCA Status

Shoaib Abedi, Director at ICM Capital, gives his take on the firm’s unique product suite and expansion into the USD/CNH pair, along with the perceived impact of FCA regulatory status on trader protection. Read More Here

Key Executive Moves

JPMorgan Shuffles FX Heads, Scott Hamilton Succeeding Scott Wacker

Scott Wacker, JPMorgan’s Head of FX Sales and Marketing Marketing Marketing is defined as the business process of identifying, anticipating and satisfying customers' needs and wants.This is a crucial element of any operation or brokerage in the financial services space. Well-funded marketing campaigns are instrumental to the survival and longevity of these companies in an increasingly competitive industry.Within the forex space, marketers perform a wide range of functions to help procure, secure, or retain clients.In particular, newer forex brokers also have t Marketing is defined as the business process of identifying, anticipating and satisfying customers' needs and wants.This is a crucial element of any operation or brokerage in the financial services space. Well-funded marketing campaigns are instrumental to the survival and longevity of these companies in an increasingly competitive industry.Within the forex space, marketers perform a wide range of functions to help procure, secure, or retain clients.In particular, newer forex brokers also have t Read this Term for Europe, the Middle East and Africa (EMEA), has been promoted to the newly forged role of Global Head of e-Commerce Sales and Marketing. Read More Here

CFH Systems Appoints Two New Regional Directors in Eastern Europe

CFH Systems has named Alexander Stanovoy and Lukasz Paszkiewicz as its newest Regional Directors in a bid to help develop and foster its growth initiatives in Eastern Europe. Read More Here

Nomura Scales Back London FX Operations, Terminates Four

The FX exodus from London by large banks has continued, with Nomura terminating the contracts of four FX employees, Darren Dempsey, Max Popov, Antoine Berger and John Erratt, effective immediately. Read More Here

In Case You Missed It

Exclusive: Pepperstone Shuts down Japan Services as IPO Grows Imminent

One of Australia’s largest FX and CFD brokers is pulling out of Japan and re-focusing on regions where it is fully regulated. With an IPO imminent the broker is looking to Europe and New Zealand for international expansion. Read More Here

Why Are Binary Options Generally Seen in a Negative Light?

This is an interesting topic. I like to draw parallels to Forex when talking about binary options and this is one of those questions where that can be done fairly easily. The thing is, binary options are a relatively new industry in a world of advanced technology. Read More Here