Forex Magnates London Summit Kicks Off – Face to Face Networking

The Forex Magnates London Summit 2013, has officially kicked off this morning. Arriving from around the world are delegates from China, Latin America, Ukraine, Russia, Europe, Israel, Japan, the US, and of course with the largest group being from London.

With panels and the exhibition scheduled for later in the afternoon, the morning registration and brunch are being dedicated to meeting up and networking. Men and women were exchanging hellos and shaking hands as they were waiting to be registered.

The easy atmosphere of introductions was also echoed in comments voiced by attendees. An overall consensus among delegates was that in addition to just providing exposure and networking opportunities, the Summit provides a great place to finally meet people in person.

CEO of Advance Markets, Anthony Brocco, also brought up the networking potential of the event, as it provides an opportunity for him and his firm to increase their exposure and have face to face talks to present their solutions. (On a personal note, I would like to add that writing for 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, finally putting a face to a name is my favourite function of the Summit).

Also at the start of the Summit, Trevor Young, VP of Product Management at OANDA, provided a bit of news as he stated that after the Currensee acquisition, OANDA is planning on providing open API opportunities for third party developers to create products for their platform. As a result, attending the event and taking a booth, provide OANDA an opportunity to meet with potential partners for this upcoming program.

Later today, the featured panel scheduled is ‘Technological Trends in FX’. The panel will include representatives from OANDA, EBS, OneZero, First Derivatives, Currenex (State Street), and X Financial Solutions. Expectations are high as CEO of FXONE, Rosario Ingargiola mentioned to us that he was looking forward to panel discussions due to the diverse spectrum of topics from speakers that they provide.

Some 750 attendees flocked to the venue at one of London's most prestigious conferences facilities, the Grange Hotel, St. Pauls, filling the air with expectation. It seems that everybody would be in agreement with Owen Kerr, CEO of Pepperstone, who said that just “Having so many people from the industry in one place” makes the Summit an important destination for brokers.

We will continue to update as the day's events unfold, with the most recent insights, pictures and news gathered at Forex Magnates London Summit.