July FX Metrics Cornucopia, Monex Group To Go Live With tradable

A plethora of brokers have reported their July metrics this week, each possessing a largely uneven tone or in some cases downtrodden glimpse into fx volumes this past month – meanwhile, Monex Group made an earlier splash by going all-in with tradable’s platform in a bid to underpin competition in Japan.

Weekly Interviews

Exclusive: Monex To Launch Live Trading With tradable’s Platform

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 reached out to Monex FX’s President, Toshihiko Katsuya and tradable’s Co-Founder & CEO Jannick Malling to discuss an ongoing partnership and the launch of live trading, slated to begin within the next few weeks. Read More Here

Tradeview’s Matt Donofrio Talks Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term Provisions For FX Brokers

Matt Donofrio, FX and CFDs Sales Director at Tradeview Ltd, reveals the paramount reasons behind liquidity constraints that are facing forex brokers both globally and in North America. Read More Here

Key Executive Moves

Goldman Sachs Names Stacy Bash-Polley As Its New Head of Strategy

Goldman Sachs Group has revamped its trading business by naming Stacy Bash-Polley to the newly created role of Head of Client Management Strategy in the Americas in a bid to help adapt to an evolving industry in the region. Read More Here

BNP Paribas Adds Veteran, Petra Wikstrom as Its Global FX Head

BNP Paribas has appointed longtime foreign exchange standout, Petra Wikstrom, as its newest Global Head for FX in a move to help optimize the group’s FX strategy, quantitative and execution solutions. Read More Here

Morgan Stanley Poaches MD, Jane Bushey from Deutsche Bank

Morgan Stanley has enlisted the services of former Deutsche Bank Managing Director, Jane Bushey, adding her to its High-Yield Capital Markets division in Europe and bolstering an already strong group of personnel led by Co-Heads Ian Gilday and Matt Naber. Read More Here

In Case You Missed It

Saxo Bank Reports July Metrics, Monthly Volume Once Again in the Red

Saxo Bank has just reported its July 2014 metrics, highlighted by declining monthly volumes on both MoM (-5.7%) and YoY (-20.9%) timeframes – nearly on par with its worst month of the year this past April. Read More Here

CLS Group Reports July Figures, FX ADV Withers -9.8% MoM

CLS Group’s settlement and aggregation service has reported its FX trading volumes for the month of July 2014, underscored by a sizeable decline of -9.8% in monthly volumes, coming in at 926,174 in July 2014 Read More Here

FXCM Publishes July Figures, Retail Customer Trading Volume Jumps 3.5% MoM

FXCM has just released its July metrics, highlighted uneven Retail Customer Trading Volumes (3.5% growth MoM, -32% decline YoY), coupled with an all time high of Institutional Trading Volume of $262 billion. Read More Here