New Offerings, Deals and Analysis – Best of the Week

by Avi Mizrahi
  • FXCM, ADS Securities, MetaQuotes and more are among the firms that appeared in last week's top stories.
New Offerings, Deals and Analysis – Best of the Week
Finance Magnates

During the passing week the most interesting stories from the online trading world included an analysis piece on the binary options market and the US retail forex market as well as reports of collaborations across the industry and new ventures.

Join the industry leaders at the Finance Magnates London Summit, 14-15 November, 2016. Register here!

Kalogerou reappointed

On Sunday we reported that Demetra Kalogerou, the Chairwoman of the Cyprus Securities and Exchange Commission (CySEC), has been reappointed by the Cypriot cabinet. Her term has been extended for an additional period of five years, from September 15, 2016 to September 14, 2021.

This move shows Kalogerou has secured the support of the cabinet for leadership she exhibited and the changes she enacted as the head of CySEC – one of the most important regulatory bodies for the online financial trading industry.

MetaQuotes

On Monday the forex Trading Platform developer MetaQuotes announced that its latest MetaTrader 4 for iPhone/iPad contains new features incorporating a completely new design of messages. MQL5 community messages and push notifications from the desktop platform are now displayed as chats similar to those used in popular messaging apps.

A couple of days later MetaQuotes also revealed that its MetaTrader 5 trading platform has been integrated with FXCM Pro enabling brokers to connect to FXCM Pro in order to receive market data and execute trade operations on the provider’s side.

Springtime for Unregulated Binary Options

On Tuesday we offered a look at how while European financial services authorities have been tackling practices which they deem unfair in different ways, one part of the binary options industry is shifting into a new modus operandi which had until recently been dismissed by many.

While some companies have been actively shelving expansion plans and others have been cutting costs, a new wave of unregulated brokerages have come under the spotlight.

US Market Rebound

On Wednesday we reported that the number of retail forex traders has increased for the first time since 2012 with the diminishing return expectations for equities contributing to increasing interest in retail forex margin trading.

According to the findings in the 2016 US Foreign Exchange Report, during the past 12 months to June 2016, the U.S. industry has grown by 5 per cent to 105,000 traders.

FXCM/Leucadia

On Thursday the publicly-traded American brokerage FXCM announced the ratification of a new partnership agreement with Leucadia National Corp., the investment company that bailed out FXCM after the Swiss National Bank event in January 2015.

Under the new agreement FXCM Group would be governed by an eight-member board, including three members appointed by Leucadia, three directors appointed by FXCM, two independent directors and one each to be nominated by the two firms.

Asian Prime

On Friday we reported that ADS Securities has developed a customized version of its FX Prime Brokerage solution, which is aiming to cater to the needs of institutional clients in Asia.

The offering is tailored to include more local currencies via non-deliverable forwards (NDFs) and with expanded Liquidity and credit lines. The company is aiming to grant access to a tailored liquidity pool that permits clients to retain their relationships with existing LPs.

The most read guest articles during the week:

Euro vs the British Pound – Who is Winning and Why?

Fibonacci Analysis Indicates S&P 500 Bottom at 2100

Making Sense of Big Data with Visualization

Three Reasons why CFD Traders Are Sitting on the Sidelines

Brexit Impact – Rise and Fall of the British Pound Explained

Trader’s Timeout: Coffee Futures Surge on Dollar Woes, Short Covering

During the passing week the most interesting stories from the online trading world included an analysis piece on the binary options market and the US retail forex market as well as reports of collaborations across the industry and new ventures.

Join the industry leaders at the Finance Magnates London Summit, 14-15 November, 2016. Register here!

Kalogerou reappointed

On Sunday we reported that Demetra Kalogerou, the Chairwoman of the Cyprus Securities and Exchange Commission (CySEC), has been reappointed by the Cypriot cabinet. Her term has been extended for an additional period of five years, from September 15, 2016 to September 14, 2021.

This move shows Kalogerou has secured the support of the cabinet for leadership she exhibited and the changes she enacted as the head of CySEC – one of the most important regulatory bodies for the online financial trading industry.

MetaQuotes

On Monday the forex Trading Platform developer MetaQuotes announced that its latest MetaTrader 4 for iPhone/iPad contains new features incorporating a completely new design of messages. MQL5 community messages and push notifications from the desktop platform are now displayed as chats similar to those used in popular messaging apps.

A couple of days later MetaQuotes also revealed that its MetaTrader 5 trading platform has been integrated with FXCM Pro enabling brokers to connect to FXCM Pro in order to receive market data and execute trade operations on the provider’s side.

Springtime for Unregulated Binary Options

On Tuesday we offered a look at how while European financial services authorities have been tackling practices which they deem unfair in different ways, one part of the binary options industry is shifting into a new modus operandi which had until recently been dismissed by many.

While some companies have been actively shelving expansion plans and others have been cutting costs, a new wave of unregulated brokerages have come under the spotlight.

US Market Rebound

On Wednesday we reported that the number of retail forex traders has increased for the first time since 2012 with the diminishing return expectations for equities contributing to increasing interest in retail forex margin trading.

According to the findings in the 2016 US Foreign Exchange Report, during the past 12 months to June 2016, the U.S. industry has grown by 5 per cent to 105,000 traders.

FXCM/Leucadia

On Thursday the publicly-traded American brokerage FXCM announced the ratification of a new partnership agreement with Leucadia National Corp., the investment company that bailed out FXCM after the Swiss National Bank event in January 2015.

Under the new agreement FXCM Group would be governed by an eight-member board, including three members appointed by Leucadia, three directors appointed by FXCM, two independent directors and one each to be nominated by the two firms.

Asian Prime

On Friday we reported that ADS Securities has developed a customized version of its FX Prime Brokerage solution, which is aiming to cater to the needs of institutional clients in Asia.

The offering is tailored to include more local currencies via non-deliverable forwards (NDFs) and with expanded Liquidity and credit lines. The company is aiming to grant access to a tailored liquidity pool that permits clients to retain their relationships with existing LPs.

The most read guest articles during the week:

Euro vs the British Pound – Who is Winning and Why?

Fibonacci Analysis Indicates S&P 500 Bottom at 2100

Making Sense of Big Data with Visualization

Three Reasons why CFD Traders Are Sitting on the Sidelines

Brexit Impact – Rise and Fall of the British Pound Explained

Trader’s Timeout: Coffee Futures Surge on Dollar Woes, Short Covering

About the Author: Avi Mizrahi
Avi Mizrahi
  • 2728 Articles
  • 10 Followers
About the Author: Avi Mizrahi
  • 2728 Articles
  • 10 Followers

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