One ramification of the National Swiss Bank’s (NSB) floor-drop bomb is the opportunity for both losing and profiting brokers to sell or buy, respectively, each other’s business. Over the weekend we were approached by various firms finding themselves in both positions.
And, sure enough, just as soon as this micro-trend began, it was embraced by savvy marketers as a golden PR opportunity. Brokers were quick to declare their purchasing appetite, hoping (at the very least) to demonstrate their brand’s muscle.
If you are genuinely considering new business prospects created by this rapidly changing market–in the form of either selling or buying clients’ books–you can let us know discreetly by informing our editor in chief at Jonathanf@forexmagnates.com. This way you are promised full anonymity.
Separating Yourself From the Pack in a Mature FX IndustryGo to article >>
Better yet, take the open and transparent approach by declaring what prospects you are interested in via the comments below and bid for potential deals.
Here is a set of relevant data we have aggregated in the past few days to help you get a clearer view of the market: