Market participants continue to be given cues from the internal fallout of a variety of brokers, with a recent CFTC report showing a dramatically reduced retail market fund share for FXCM.
EMET Trading Solutions’ Founder Discusses Firm’s Genesis, Programmed Strategies
Forex Magnates spoke with Vadim Epstein, CEO and Founder of EMET Trading Solutions, for his take on the firm’s founding and strategies, including its consulting of players such as NinjaTrader and cTrader. Read More Here
TradeNext John Evans Talks Football Sponsorships, Opportunities for Brokers
Forex Magnates spoke with John Evans, creative director at TradeNext, for his perspective and rationale surrounding football sponsorships and their embrace by FX brokers. Read More Here
Key Executive Moves
MarketFactory Appoints Chris Coletti as Sales Director – Americas
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FX aggregation specialist MarketFactory has appointed Christopher Coletti as its newest sales director for the Americas, following a lengthy stint at Thomson Reuters spanning nearly a decade. Read More Here
BNP Paribas Appoints Simon Roberts as Head of Global Equities
BNP Paribas Investment Partners, an asset management affiliate of BNP Paribas SA, has appointed Simon Roberts as its newest head of its global equity team, along with a trio of senior portfolio managers to serve his team. Read More Here
Cold Calling as a Viable Form of FX Sales?
Each brokerage and sales team has its own sales strategy aimed at building its client books and growing its business in terms of client deposits and trading volumes. Read More Here
CFTC Data Shows FXCM Inc. Retail Forex Funds Shed 12% in December
According to the latest batch of US Commodity Futures Trading Commission (CFTC) data, retail forex funds held at brokerages registered to operate in the US have decreased by 6% during the month of December. Read More Here