In Forex Magnates' Tokyo Summit 2014, the Whole Is Greater than Its Parts

The first day of Forex Magnates' Tokyo Summit 2014 is drawing to a close, and guests are to about to have their hard-earned rest after a full day timetable.

Taking a stroll today down the conference arena on the third floor gives one the sense that the Summit gathering offers something more than the sum total of content and contacts it provides.

Indeed, the Ballroom Hall has hosted three running exhibitions, displaying everything exciting in 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 and Binary Options technology; executives flocking the more serene sanctuary having absorbed some firsthand know-how, from both experts in marketing to the Japanese market and CEOs who have made it and have come to tell the tale. And yet, throughout the day it seemed that the conference’s value could be also found in the synergy it all amounted to – offering a range of business opportunities within the established, yet constantly evolving Japanese FX industry.

The high energies are far from being exhausted, as tomorrow is an equally packed day. The panels will target Issues of Regulation Regulation Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Read this Term between the East and the West, and technology of trading in Japan. No less pertinent, for industry executives eyeing a greater foothold in the Japanese market, is the afternoon keynote speech by the esteemed Prof. Esuke Sakakibara, dubbed “Mr. Yen” on account of his contribution to Tokyo’s currency policy as a Finance Minister official.

Lastly, the closing session will see the Forex Magnates Awards’ winners, after being chosen by their peers, stepping on stage to receive this prestigious badge of excellence. If you are bent on finding out who those winners will turn out to be, stay tuned to Forex Magnates’ exclusive report from the field. From a mid-conference perspective however, it may be said that in a Summit of over 700 FX top professionals, coming from a wide array of countries and fields of expertise, the real winner is the industry as a whole.

First Day Impressions

Mr. Hiroshi Fugino, President and CEO of Goodway, elaborated on the importance of the event to the Japanese industry, saying, “In Japan, brokers and vendors are working and thinking individually, and there is not much opportunities for them to share their thoughts. At this event, however, we are able to think as an industry, how to modify it and make it grow. In addition, Japanese are very conservative, and seeing real people and booths helps and breeds good opportunities – it’s not looking at a black-box.”

Complementing this opinion, Mr. Kenichi Kashiwada, CEO of World Mark Consultant, a young Singapore-based firm providing a CRM solution and consultancy services, has shared with Forex Magnates his thoughts: “Unexpectedly, we got a lot of feedback and comments from overseas guests," said Mr. Kashiwada, whose company's participation at the conference, presenting a new product, is a first significant marketing effort on the international level.