FXCM CEO Drew Niv's interview on CNBC
If anything this ‘interview’ shows how ignorant the general public and even the market commentators about the online retail fx
If anything this ‘interview’ shows how ignorant the general public and even the market commentators about the online retail fx industry…
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It sure is funny…
protected?
protected?
@Rt very simple, gets to collect % on the $40 million – see details on the slides
@Rt very simple, gets to collect % on the $40 million – see details on the slides
It sure is funny…
Dear god.
I was surprised he knew there were other currencies in the world other than USD.
— Asaf.
Dear god.
I was surprised he knew there were other currencies in the world other than USD.
— Asaf.
How absurd . Presumably a financial analyist which knows very little about a market such as FX which is so incredibly large.
How absurd . Presumably a financial analyist which knows very little about a market such as FX which is so incredibly large.
don’t be quick to judge, let’s see how chips fall
don’t be quick to judge, let’s see how chips fall
In general it hard for people in the industry to realize that the concept of FX trading (and margin trading) is not trivial at all.
The fact is although it is the most liquid market in the world, it is still a niche market with only 1M customers world wide. (compared to 100M trading stocks).
The true revolution of creating access to the markets is just starting, the ringing bell of FXCM IPO is the start.
In general it hard for people in the industry to realize that the concept of FX trading (and margin trading) is not trivial at all.
The fact is although it is the most liquid market in the world, it is still a niche market with only 1M customers world wide. (compared to 100M trading stocks).
The true revolution of creating access to the markets is just starting, the ringing bell of FXCM IPO is the start.
The bad thing about this interview is the news commentator sounds like he might be working at the CFTC and in charge of making regulations for Americans.
The bad thing about this interview is the news commentator sounds like he might be working at the CFTC and in charge of making regulations for Americans.
I would suggest that the revolution is over, and we – the retail trader have lost. I find it odd that FXCM is going public now, as the regulations just got stickier, and will probably only be worse as time goes one. In fact, given enough time – this stock is a short.
Anyone who has been trading this year has to recognize that volumes are down, and markedly so…..
I would suggest that the revolution is over, and we – the retail trader have lost. I find it odd that FXCM is going public now, as the regulations just got stickier, and will probably only be worse as time goes one. In fact, given enough time – this stock is a short.
Anyone who has been trading this year has to recognize that volumes are down, and markedly so…..
My God; Are you kidding me, I don’t understand why the production team of CNBC just put the commentators to the air not knowing even that you can trade currencies.. Apparently he does not know forex has a volume of more than 3trillions…
My God; Are you kidding me, I don’t understand why the production team of CNBC just put the commentators to the air not knowing even that you can trade currencies.. Apparently he does not know forex has a volume of more than 3trillions…
This is a sad and funny video … like really ? Any interesting questions ?
i’m happy about this, it’s healthy for the industry – more formidable competition rather than just one power house controlling and monopolizing the market
i’m happy about this, it’s healthy for the industry – more formidable competition rather than just one power house controlling and monopolizing the market
This is a sad and funny video … like really ? Any interesting questions ?
jeez, poor Niv. presenter – no comments.
p.s. i recon couple guys from FXCM got nice yachts after the listing 😉
what do you know? you think it’s a three-way deal?
what do you know? you think it’s a three-way deal?
jeez, poor Niv. presenter – no comments.
p.s. i recon couple guys from FXCM got nice yachts after the listing 😉