Alpari's July FX Vols Hit $177B, Tradologic’s Gil Erez Talks Binaries
- Alpari Group’s July forex trading volumes came in at just $177B, down -34.5% YoY - meanwhile Tradologic’s Gil Erez, Chief checks.
Alpari Group’s July FX trading volumes came in at just $177B, down -34.5% YoY - meanwhile Tradologic’s Chief, Gil Erez, checks in to talk Binary Options and the swelling popularity of the industry.
Weekly Interviews
Beeks FX VPS’ CEO, Gordon McArthur, Reveals Why You Need a VPS
Beeks FX VPS’ CEO, Gordon McArthur, gives his exclusive perspective on VPS, what exactly the technology consists of, and why it is integral to the 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 trading market by volume. According to the Bank of International Settlements (BIS) latest survey, the Forex market now turns over in excess of $5 trillion every day, with the most exchanges occurring between the US Dollar and the Euro (EUR/USD), followed by the US Dollar and the Japanese Yen (USD/JPY), then the US Dollar and Pound Sterling (GBP/USD). Ultimately, it is the very exchanging between currencies which causes a country’s currency to fluctuate in value in relation to another currency – this is known as the exchange rate. With regards to freely floating currencies, this is determined by supply and demand, such as imports and exports, and currency traders, such as banks and hedge funds. Emphasis on Retail Trading for ForexTrading the forex market for the purpose of financial gain was once the exclusive realm of financial institutions.But thanks to the invention of the internet and advances in financial technology from the 1990’s, almost anyone can now start trading this huge market. All one needs is a computer, an internet connection, and an account with a forex broker. Of course, before one starts to trade currencies, a certain level of knowledge and practice is essential. Once can gain some practice using demonstration accounts, i.e. place trades using demo money, before moving on to some real trading after attaining confidence. The main two fields of trading are known as technical analysis and fundamental analysis. Technical analysis refers to using mathematical tools and certain patterns to help decide whether to buy or sell a currency pair, and fundamental analysis refers to gauging the national and international events which may potentially affect a country’s currency value. 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 trading market by volume. According to the Bank of International Settlements (BIS) latest survey, the Forex market now turns over in excess of $5 trillion every day, with the most exchanges occurring between the US Dollar and the Euro (EUR/USD), followed by the US Dollar and the Japanese Yen (USD/JPY), then the US Dollar and Pound Sterling (GBP/USD). Ultimately, it is the very exchanging between currencies which causes a country’s currency to fluctuate in value in relation to another currency – this is known as the exchange rate. With regards to freely floating currencies, this is determined by supply and demand, such as imports and exports, and currency traders, such as banks and hedge funds. Emphasis on Retail Trading for ForexTrading the forex market for the purpose of financial gain was once the exclusive realm of financial institutions.But thanks to the invention of the internet and advances in financial technology from the 1990’s, almost anyone can now start trading this huge market. All one needs is a computer, an internet connection, and an account with a forex broker. Of course, before one starts to trade currencies, a certain level of knowledge and practice is essential. Once can gain some practice using demonstration accounts, i.e. place trades using demo money, before moving on to some real trading after attaining confidence. The main two fields of trading are known as technical analysis and fundamental analysis. Technical analysis refers to using mathematical tools and certain patterns to help decide whether to buy or sell a currency pair, and fundamental analysis refers to gauging the national and international events which may potentially affect a country’s currency value. Read this Term industry and your business. Read More Here
Tradologic’s Gil Erez Weighs the Growth of Binary Options
Gil Erez, Chief Business Development Officer at Tradologic, provides his views and unique perspective on the Binary Options industry, as well as Tradologic’s position in the overall market as trading popularity swells. Read More Here
Key Executive Moves
Morgan Stanley Names Thiago Melzer as Its Global Head of FX Options
Morgan Stanley has named Thiago Melzer, one of the Forex industry’s rising stars and current Managing Director, as its newest Global Head of FX Options business, following a recent promotion this past January. Read More Here
TradeNext Hires Former ADS Securities Head, Larry De Souza
TradeNext has announced the appointment of industry veteran, Larry De Souza as director of sales and trading with a key mandate to spearhead the firm’s institutional offering. Read More Here
ICAP’s CEO Antony Warner Retires, Succession Candidate Revealed
ICAP Plc’s Singapore Chief Executive Officer, Anthony Warner, has announced his retirement, relinquishing his post by the end of August – Danny Cheung, Managing Director in ICAP’s Singapore branch, will succeed him. Read More Here
In Case You Missed It
It’s been a year since I opined that text-based sentiment analysis was yet to take off in retail FX trading and that’s still the case. Yes, there are a few brokers that have taken steps to launching something but they are few. Read More Here
Alpari Group’s Global Trading Volume Exceeds $177 Billion in July
The Alpari global group of companies announced today that they have reached total trading volumes in excess of $177 billion during July 2014. The group did not provide the volume breakdown by country, but last week Alpari Russia announced that its July’s FX volumes rose by 9% month-over-month, which resulted in $97.2 billion. Read More Here
Alpari Group’s July FX trading volumes came in at just $177B, down -34.5% YoY - meanwhile Tradologic’s Chief, Gil Erez, checks in to talk Binary Options and the swelling popularity of the industry.
Weekly Interviews
Beeks FX VPS’ CEO, Gordon McArthur, Reveals Why You Need a VPS
Beeks FX VPS’ CEO, Gordon McArthur, gives his exclusive perspective on VPS, what exactly the technology consists of, and why it is integral to the 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 trading market by volume. According to the Bank of International Settlements (BIS) latest survey, the Forex market now turns over in excess of $5 trillion every day, with the most exchanges occurring between the US Dollar and the Euro (EUR/USD), followed by the US Dollar and the Japanese Yen (USD/JPY), then the US Dollar and Pound Sterling (GBP/USD). Ultimately, it is the very exchanging between currencies which causes a country’s currency to fluctuate in value in relation to another currency – this is known as the exchange rate. With regards to freely floating currencies, this is determined by supply and demand, such as imports and exports, and currency traders, such as banks and hedge funds. Emphasis on Retail Trading for ForexTrading the forex market for the purpose of financial gain was once the exclusive realm of financial institutions.But thanks to the invention of the internet and advances in financial technology from the 1990’s, almost anyone can now start trading this huge market. All one needs is a computer, an internet connection, and an account with a forex broker. Of course, before one starts to trade currencies, a certain level of knowledge and practice is essential. Once can gain some practice using demonstration accounts, i.e. place trades using demo money, before moving on to some real trading after attaining confidence. The main two fields of trading are known as technical analysis and fundamental analysis. Technical analysis refers to using mathematical tools and certain patterns to help decide whether to buy or sell a currency pair, and fundamental analysis refers to gauging the national and international events which may potentially affect a country’s currency value. 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 trading market by volume. According to the Bank of International Settlements (BIS) latest survey, the Forex market now turns over in excess of $5 trillion every day, with the most exchanges occurring between the US Dollar and the Euro (EUR/USD), followed by the US Dollar and the Japanese Yen (USD/JPY), then the US Dollar and Pound Sterling (GBP/USD). Ultimately, it is the very exchanging between currencies which causes a country’s currency to fluctuate in value in relation to another currency – this is known as the exchange rate. With regards to freely floating currencies, this is determined by supply and demand, such as imports and exports, and currency traders, such as banks and hedge funds. Emphasis on Retail Trading for ForexTrading the forex market for the purpose of financial gain was once the exclusive realm of financial institutions.But thanks to the invention of the internet and advances in financial technology from the 1990’s, almost anyone can now start trading this huge market. All one needs is a computer, an internet connection, and an account with a forex broker. Of course, before one starts to trade currencies, a certain level of knowledge and practice is essential. Once can gain some practice using demonstration accounts, i.e. place trades using demo money, before moving on to some real trading after attaining confidence. The main two fields of trading are known as technical analysis and fundamental analysis. Technical analysis refers to using mathematical tools and certain patterns to help decide whether to buy or sell a currency pair, and fundamental analysis refers to gauging the national and international events which may potentially affect a country’s currency value. Read this Term industry and your business. Read More Here
Tradologic’s Gil Erez Weighs the Growth of Binary Options
Gil Erez, Chief Business Development Officer at Tradologic, provides his views and unique perspective on the Binary Options industry, as well as Tradologic’s position in the overall market as trading popularity swells. Read More Here
Key Executive Moves
Morgan Stanley Names Thiago Melzer as Its Global Head of FX Options
Morgan Stanley has named Thiago Melzer, one of the Forex industry’s rising stars and current Managing Director, as its newest Global Head of FX Options business, following a recent promotion this past January. Read More Here
TradeNext Hires Former ADS Securities Head, Larry De Souza
TradeNext has announced the appointment of industry veteran, Larry De Souza as director of sales and trading with a key mandate to spearhead the firm’s institutional offering. Read More Here
ICAP’s CEO Antony Warner Retires, Succession Candidate Revealed
ICAP Plc’s Singapore Chief Executive Officer, Anthony Warner, has announced his retirement, relinquishing his post by the end of August – Danny Cheung, Managing Director in ICAP’s Singapore branch, will succeed him. Read More Here
In Case You Missed It
It’s been a year since I opined that text-based sentiment analysis was yet to take off in retail FX trading and that’s still the case. Yes, there are a few brokers that have taken steps to launching something but they are few. Read More Here
Alpari Group’s Global Trading Volume Exceeds $177 Billion in July
The Alpari global group of companies announced today that they have reached total trading volumes in excess of $177 billion during July 2014. The group did not provide the volume breakdown by country, but last week Alpari Russia announced that its July’s FX volumes rose by 9% month-over-month, which resulted in $97.2 billion. Read More Here