As 2013 heads past its half-way stage, it is certainly fair to conclude that the second quarter of this year has been as eventful, if not more so, than the winter months.
Trading volumes have continued to grow, and in a great many cases most firms have outstripped their prior performances as record volumes continue across the industry worldwide, demonstrating a sharp contrast to last year’s contraction of trading activity.
Regulatory reforms have begun to fall into place, requiring brokers, technology firms and financial institutions across the board to adapt their offering to comply with the Dodd-Frank Act and the MiFID rulings. There has been a great platform debate, and MetaQuotes put the cat among the pigeons with relation to third party software providers, and new open platforms are gaining market share.
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This year’s iFXEXPO in Cyprus represented a major event which was attended by 1500 executives from the FX and binary options industry worldwide. The industry’s major participants showcased a series of new products, engaged discussions relating to the future of trading platforms, technology, liquidity, regulation, and, following the banking crisis in Cyprus, had much to say about the positive view ahead within the nation, which is home to over 130 FX companies.
The Entire Quarter In Detail
The Forex Magnates Industry Report for Quarter 2 of 2013 is now available, and contains detailed information with relation to the facts and figures throughout the institutional and retail sectors for the second quarter of the year, and a number of in-depth articles ranging from spotlights on individual nations and their financial markets and FX structure, to technology, current affairs and research relating to the dynamic of the industry as a whole.
Interviews, discussions on poignant subjects and the overall sentiment of those influential in the business are included, serving to make the Forex Magnates Industry Report for Quarter 2 of 2013 indispensable material to ensure all industry participants are kept in the know, therefore helping to shape their business model.