Regulators around the globe are panicking in the aftermath that the high-frequency trading scandal raised after the release of Flash Boys, while CME and CBOT are being sued for allegedly not providing real-time market data.
As the Chinese curse-proverb would say, "may you live in interesting times" - those are precisely the times in which virtually all financial markets participants are living in right now. As regulators around the globe are pondering what to do in the aftermath of the high-frequency trading scandal that has been rekindled after the release of renowned author Michael Lewis' new book "Flash Boys", the CME Group's units Chicago Mercantile Exchange (CME) and the Chicago Board Of Trade (CBOT) are being sued for allegedly not providing real-time market data to all of their customers.
The scandal resurfaced at precisely the right time for the European legislators to announce that they are indeed working on the issue, as yesterday the European Parliament has announced new legal measures aiming to dwindle high-frequency trading (HFT) activity. However is the framework on which they have been working on solid enough to reign in high frequency traders?
More importantly, why did everyone forget the "flash crash" from May 2010 so quickly and is acting so surprised right now? As many industry insiders are claiming, Michael Lewis' book is not bringing anything new to the table. While that may be true, it did remind the public of an unsolved problem - regulators did not lose any money in May 2010 that's certain, so they did not work hard enough to provide a meaningful answer on how did the "flash crash" happen and what is being done to prevent it from happening again.
The reality that is setting in is that "Flash Boys" served as an alarm bell to the public, stating that their interests might be in danger and a supposedly fair market place that puts nobody's interests (and orders) ahead of anyone else's does not exist. The public's attention has been so consumed by the financial crisis, that nobody decided to pay attention to HFT, or better said - everyone was too preoccupied with the impending disaster and its aftermath instead of worrying about HFT.
When and how did it all start?
Michael Lewis has explained it thoroughly in his book, but briefly said, if one would want to trace the roots of the boom of HFT, we come to track the decisions of the Securities and Exchange Commission (SEC), which responded to cronyism protests by transforming exchanges from being sort of public utilities which are owned by the exchange's members, to public corporations. After an open competition was introduced, the number of exchanges started to multiply.
With the number totaling to 13 by early 2008, every single stock was trading on all of these exchanges. Most of the new exchanges consisted of not of floors but instead they boasted huge rooms filled with servers which executed a program named a “matching engine.”
Regulation "National Market System"
The SEC continues to be at the root of the story, as in 2005 it passed a new regulation named National Market System (known as Reg NMS). It basically required brokers to find the best market prices for the investors they represented and it was not implemented before 2007. Up until then if an investor wanted to buy 500 shares of Apple at $500 a share, when the broker observed that there were only 50 shares offered at $500, he would choose to wait until more sellers showed up. This practice is known as "best execution".
However brokers have started abusing the trust of their clients and the government decided to take the discretion away. Reg NMS replaced the legal definition of best execution with best price, which relied on the notion of the National Best Bid and Offer (NBBO).
Under the new regulation if a client wished to buy 500 shares of Apple, and 50 shares were offered on one exchange at $500 a share, while the full amount was available on other exchanges for $500.01, the broker was required to purchase the 50 shares on the first exchange before moving on to other venues.
That's precisely the moment when the HFT firms stepped in and started to do their own thing by front-running their slower counterparts. Since there are no regulations against this, anyone with the right amount of resources can do it too. But wait, isn't the market supposed to be a level playing field?
As it usually is the case with carelessly drafted regulations, Reg NMS closed one loophole in the market and opened a gap wide enough to create some inequality of opportunity in the U.S. stock market. A small group of companies with vast financial and technological resources have built super fast networks which enabled them to have a look at the market before anyone else did and even make a trade in that minuscule time-frame.
CME Group's CBOT and CME sued by traders
Last week a trio of traders filed a class action lawsuit alleging that the CME Group's units are not offering real-time price information to all of its customers and alleged that order information had been sold to third parties.
The Reality is that the CME and CBOT have been merely following regulations outlined by the above mentioned SEC regulatory framework. HFT entities do not need to buy any order information from the exchanges, all they need to do is to "probe" the market with a small sized order, which would be enough to give them information about the order flow direction.
The CME Group has issued a statement, responding to the allegations that "the suit is devoid of any facts supporting the allegations and, even worse, demonstrates a fundamental misunderstanding of how our markets operate. It is sad when plaintiffs' lawyers bring a suit based on a desire for publicity, and in the rush to file a suit fail to undertake even the most basic effort to determine if there is any basis for their allegations. The case is without merit, and we intend to defend ourselves vigorously."
The European Parliament approves a new set of rules to curb HFT
Let's see how this one works - yet in all likelihood it looks like another case of closing one loophole, while opening another one (arguably much bigger). The legislation adds that "to minimise systemic risk, the algorithms used will have to be tested on venues and authorized by regulators. Moreover; records of all placed orders and cancellations of orders would have to be stored and made available to the competent authority upon request."
One question comes to mind - Which competent regulator would be testing the algorithms, and who would be guaranteeing the firms their proprietary technology will be in safe hands?
The Good, the Bad and the Ugly
Before saying that the population's retirement plans are being ripped off by the high-frequency traders we are willing to point out that if the decisions of the managers of 401K's and mutual funds are sensitive to a 1 cent move (or even a 1% move) in a certain stock, the nation's savings are doomed anyway. It's easy to play the victim and it's easy to point fingers without any substantial evidence on who's "evil" and who's "good".
There are ways for every trader to avoid being "ripped off" by HFT - using entry orders, running their orders through the allegedly fair dark pool IEX or simply engaging in longer term trades which would not be sensitive to fractional cents moves. After all if you would be doing the same trade 10 years ago the spreads would have been much higher than they are today.
The volumes that HFT is generating has undoubtedly led to a more liquid market when conditions are normal, however as the "flash crash" demonstrated they also lead to increased risks when we see some sort of disturbance in the market. Many HFT critics point out that volatility has been much higher in the period after HFT has been introduced, however they don't take into account that the conditions in which we are trading today are quite different to those between 2002 and 2007. The Volatility Index (VIX) is supporting the lack of marked difference - it is currently standing around 15, which is quite far from its long term average of 20 points.
Whichever side of the argument you are on - be prepared for changes. In the financial markets industry, flexibility is more important than knowledge and those who abide the former, survive for longer. Let's hope that regulators think twice before embarking on an ugly crusade and fully reigning in HFT and killing all the benefits that it brought to the marketplace.
As the Chinese curse-proverb would say, "may you live in interesting times" - those are precisely the times in which virtually all financial markets participants are living in right now. As regulators around the globe are pondering what to do in the aftermath of the high-frequency trading scandal that has been rekindled after the release of renowned author Michael Lewis' new book "Flash Boys", the CME Group's units Chicago Mercantile Exchange (CME) and the Chicago Board Of Trade (CBOT) are being sued for allegedly not providing real-time market data to all of their customers.
The scandal resurfaced at precisely the right time for the European legislators to announce that they are indeed working on the issue, as yesterday the European Parliament has announced new legal measures aiming to dwindle high-frequency trading (HFT) activity. However is the framework on which they have been working on solid enough to reign in high frequency traders?
More importantly, why did everyone forget the "flash crash" from May 2010 so quickly and is acting so surprised right now? As many industry insiders are claiming, Michael Lewis' book is not bringing anything new to the table. While that may be true, it did remind the public of an unsolved problem - regulators did not lose any money in May 2010 that's certain, so they did not work hard enough to provide a meaningful answer on how did the "flash crash" happen and what is being done to prevent it from happening again.
The reality that is setting in is that "Flash Boys" served as an alarm bell to the public, stating that their interests might be in danger and a supposedly fair market place that puts nobody's interests (and orders) ahead of anyone else's does not exist. The public's attention has been so consumed by the financial crisis, that nobody decided to pay attention to HFT, or better said - everyone was too preoccupied with the impending disaster and its aftermath instead of worrying about HFT.
When and how did it all start?
Michael Lewis has explained it thoroughly in his book, but briefly said, if one would want to trace the roots of the boom of HFT, we come to track the decisions of the Securities and Exchange Commission (SEC), which responded to cronyism protests by transforming exchanges from being sort of public utilities which are owned by the exchange's members, to public corporations. After an open competition was introduced, the number of exchanges started to multiply.
With the number totaling to 13 by early 2008, every single stock was trading on all of these exchanges. Most of the new exchanges consisted of not of floors but instead they boasted huge rooms filled with servers which executed a program named a “matching engine.”
Regulation "National Market System"
The SEC continues to be at the root of the story, as in 2005 it passed a new regulation named National Market System (known as Reg NMS). It basically required brokers to find the best market prices for the investors they represented and it was not implemented before 2007. Up until then if an investor wanted to buy 500 shares of Apple at $500 a share, when the broker observed that there were only 50 shares offered at $500, he would choose to wait until more sellers showed up. This practice is known as "best execution".
However brokers have started abusing the trust of their clients and the government decided to take the discretion away. Reg NMS replaced the legal definition of best execution with best price, which relied on the notion of the National Best Bid and Offer (NBBO).
Under the new regulation if a client wished to buy 500 shares of Apple, and 50 shares were offered on one exchange at $500 a share, while the full amount was available on other exchanges for $500.01, the broker was required to purchase the 50 shares on the first exchange before moving on to other venues.
That's precisely the moment when the HFT firms stepped in and started to do their own thing by front-running their slower counterparts. Since there are no regulations against this, anyone with the right amount of resources can do it too. But wait, isn't the market supposed to be a level playing field?
As it usually is the case with carelessly drafted regulations, Reg NMS closed one loophole in the market and opened a gap wide enough to create some inequality of opportunity in the U.S. stock market. A small group of companies with vast financial and technological resources have built super fast networks which enabled them to have a look at the market before anyone else did and even make a trade in that minuscule time-frame.
CME Group's CBOT and CME sued by traders
Last week a trio of traders filed a class action lawsuit alleging that the CME Group's units are not offering real-time price information to all of its customers and alleged that order information had been sold to third parties.
The Reality is that the CME and CBOT have been merely following regulations outlined by the above mentioned SEC regulatory framework. HFT entities do not need to buy any order information from the exchanges, all they need to do is to "probe" the market with a small sized order, which would be enough to give them information about the order flow direction.
The CME Group has issued a statement, responding to the allegations that "the suit is devoid of any facts supporting the allegations and, even worse, demonstrates a fundamental misunderstanding of how our markets operate. It is sad when plaintiffs' lawyers bring a suit based on a desire for publicity, and in the rush to file a suit fail to undertake even the most basic effort to determine if there is any basis for their allegations. The case is without merit, and we intend to defend ourselves vigorously."
The European Parliament approves a new set of rules to curb HFT
Let's see how this one works - yet in all likelihood it looks like another case of closing one loophole, while opening another one (arguably much bigger). The legislation adds that "to minimise systemic risk, the algorithms used will have to be tested on venues and authorized by regulators. Moreover; records of all placed orders and cancellations of orders would have to be stored and made available to the competent authority upon request."
One question comes to mind - Which competent regulator would be testing the algorithms, and who would be guaranteeing the firms their proprietary technology will be in safe hands?
The Good, the Bad and the Ugly
Before saying that the population's retirement plans are being ripped off by the high-frequency traders we are willing to point out that if the decisions of the managers of 401K's and mutual funds are sensitive to a 1 cent move (or even a 1% move) in a certain stock, the nation's savings are doomed anyway. It's easy to play the victim and it's easy to point fingers without any substantial evidence on who's "evil" and who's "good".
There are ways for every trader to avoid being "ripped off" by HFT - using entry orders, running their orders through the allegedly fair dark pool IEX or simply engaging in longer term trades which would not be sensitive to fractional cents moves. After all if you would be doing the same trade 10 years ago the spreads would have been much higher than they are today.
The volumes that HFT is generating has undoubtedly led to a more liquid market when conditions are normal, however as the "flash crash" demonstrated they also lead to increased risks when we see some sort of disturbance in the market. Many HFT critics point out that volatility has been much higher in the period after HFT has been introduced, however they don't take into account that the conditions in which we are trading today are quite different to those between 2002 and 2007. The Volatility Index (VIX) is supporting the lack of marked difference - it is currently standing around 15, which is quite far from its long term average of 20 points.
Whichever side of the argument you are on - be prepared for changes. In the financial markets industry, flexibility is more important than knowledge and those who abide the former, survive for longer. Let's hope that regulators think twice before embarking on an ugly crusade and fully reigning in HFT and killing all the benefits that it brought to the marketplace.
24/5 Trading Comes to Germany as Baader Partners with Spectrum
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Sherwan Zeybo | FXGT | Executive Interviews
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In this video, Sherwan Zeybo, Head of Business Development at @fxgtofficial , discusses the growth and development of the CFD broker since its inception in 2019. Starting with a small team, FXGT has expanded to over 280 employees and obtained multiple licenses across various jurisdictions. Sher highlights the broker's commitment to providing security, transparency, and a comprehensive trading environment for clients. Sherwan also mentions upcoming developments, including a new trading app and a web trading platform, as well as a copy trading and social trading platform.
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In this video, Sherwan Zeybo, Head of Business Development at @fxgtofficial , discusses the growth and development of the CFD broker since its inception in 2019. Starting with a small team, FXGT has expanded to over 280 employees and obtained multiple licenses across various jurisdictions. Sher highlights the broker's commitment to providing security, transparency, and a comprehensive trading environment for clients. Sherwan also mentions upcoming developments, including a new trading app and a web trading platform, as well as a copy trading and social trading platform.
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In our discussion with Rhonda K. Müller, CEO of Muinmos, during iFX EXPO International, she covered regulatory changes impacting the trading industry, particularly focusing on new frameworks like MICA and Dora. She highlights the positive effects of regulation, such as increased order and transparency, and predicts that these changes will ignite more competition in the crypto market. Rhonda also touches on the rising trend of prop trading and anticipates future regulations in this area to ensure legitimacy. Finally, she shares Mooz's commitment to digitization and connectivity, aiming to provide comprehensive solutions from investor protection to risk profiling.
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In our discussion with Rhonda K. Müller, CEO of Muinmos, during iFX EXPO International, she covered regulatory changes impacting the trading industry, particularly focusing on new frameworks like MICA and Dora. She highlights the positive effects of regulation, such as increased order and transparency, and predicts that these changes will ignite more competition in the crypto market. Rhonda also touches on the rising trend of prop trading and anticipates future regulations in this area to ensure legitimacy. Finally, she shares Mooz's commitment to digitization and connectivity, aiming to provide comprehensive solutions from investor protection to risk profiling.
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In our discussion with Rhonda K. Müller, CEO of Muinmos, during iFX EXPO International, she covered regulatory changes impacting the trading industry, particularly focusing on new frameworks like MICA and Dora. She highlights the positive effects of regulation, such as increased order and transparency, and predicts that these changes will ignite more competition in the crypto market. Rhonda also touches on the rising trend of prop trading and anticipates future regulations in this area to ensure legitimacy. Finally, she shares Mooz's commitment to digitization and connectivity, aiming to provide comprehensive solutions from investor protection to risk profiling.
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In our discussion with Rhonda K. Müller, CEO of Muinmos, during iFX EXPO International, she covered regulatory changes impacting the trading industry, particularly focusing on new frameworks like MICA and Dora. She highlights the positive effects of regulation, such as increased order and transparency, and predicts that these changes will ignite more competition in the crypto market. Rhonda also touches on the rising trend of prop trading and anticipates future regulations in this area to ensure legitimacy. Finally, she shares Mooz's commitment to digitization and connectivity, aiming to provide comprehensive solutions from investor protection to risk profiling.
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In our discussion with Rhonda K. Müller, CEO of Muinmos, during iFX EXPO International, she covered regulatory changes impacting the trading industry, particularly focusing on new frameworks like MICA and Dora. She highlights the positive effects of regulation, such as increased order and transparency, and predicts that these changes will ignite more competition in the crypto market. Rhonda also touches on the rising trend of prop trading and anticipates future regulations in this area to ensure legitimacy. Finally, she shares Mooz's commitment to digitization and connectivity, aiming to provide comprehensive solutions from investor protection to risk profiling.
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In our discussion with Rhonda K. Müller, CEO of Muinmos, during iFX EXPO International, she covered regulatory changes impacting the trading industry, particularly focusing on new frameworks like MICA and Dora. She highlights the positive effects of regulation, such as increased order and transparency, and predicts that these changes will ignite more competition in the crypto market. Rhonda also touches on the rising trend of prop trading and anticipates future regulations in this area to ensure legitimacy. Finally, she shares Mooz's commitment to digitization and connectivity, aiming to provide comprehensive solutions from investor protection to risk profiling.
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Tom Higgins | Gold-i
Tom Higgins | Gold-i
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In this interview, Tom Higgins, CEO of Gold-i, discusses the convergence of crypto and FX liquidity. He explains the challenges of accessing crypto liquidity and how different execution methods, such as iceberg orders, help manage large transactions. Tom addresses the impact of AI in trading, emphasizing its use in sentiment analysis and trading pattern recognition. He also talks about the significance of Bitcoin ETFs in boosting institutional confidence in crypto markets. Lastly, Tom outlines the growth and future plans for Gold-i, focusing on enhancing their Matrix Net technology and expanding their role in crypto liquidity aggregation.
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In this interview, Tom Higgins, CEO of Gold-i, discusses the convergence of crypto and FX liquidity. He explains the challenges of accessing crypto liquidity and how different execution methods, such as iceberg orders, help manage large transactions. Tom addresses the impact of AI in trading, emphasizing its use in sentiment analysis and trading pattern recognition. He also talks about the significance of Bitcoin ETFs in boosting institutional confidence in crypto markets. Lastly, Tom outlines the growth and future plans for Gold-i, focusing on enhancing their Matrix Net technology and expanding their role in crypto liquidity aggregation.
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In this interview, Tom Higgins, CEO of Gold-i, discusses the convergence of crypto and FX liquidity. He explains the challenges of accessing crypto liquidity and how different execution methods, such as iceberg orders, help manage large transactions. Tom addresses the impact of AI in trading, emphasizing its use in sentiment analysis and trading pattern recognition. He also talks about the significance of Bitcoin ETFs in boosting institutional confidence in crypto markets. Lastly, Tom outlines the growth and future plans for Gold-i, focusing on enhancing their Matrix Net technology and expanding their role in crypto liquidity aggregation.
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In this interview, Tom Higgins, CEO of Gold-i, discusses the convergence of crypto and FX liquidity. He explains the challenges of accessing crypto liquidity and how different execution methods, such as iceberg orders, help manage large transactions. Tom addresses the impact of AI in trading, emphasizing its use in sentiment analysis and trading pattern recognition. He also talks about the significance of Bitcoin ETFs in boosting institutional confidence in crypto markets. Lastly, Tom outlines the growth and future plans for Gold-i, focusing on enhancing their Matrix Net technology and expanding their role in crypto liquidity aggregation.
#financemagnates #CryptoLiquidity #FXLiquidity #AIinTrading #BitcoinETF #TradingTechnology
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In this interview, Tom Higgins, CEO of Gold-i, discusses the convergence of crypto and FX liquidity. He explains the challenges of accessing crypto liquidity and how different execution methods, such as iceberg orders, help manage large transactions. Tom addresses the impact of AI in trading, emphasizing its use in sentiment analysis and trading pattern recognition. He also talks about the significance of Bitcoin ETFs in boosting institutional confidence in crypto markets. Lastly, Tom outlines the growth and future plans for Gold-i, focusing on enhancing their Matrix Net technology and expanding their role in crypto liquidity aggregation.
#financemagnates #CryptoLiquidity #FXLiquidity #AIinTrading #BitcoinETF #TradingTechnology
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In this interview, Tom Higgins, CEO of Gold-i, discusses the convergence of crypto and FX liquidity. He explains the challenges of accessing crypto liquidity and how different execution methods, such as iceberg orders, help manage large transactions. Tom addresses the impact of AI in trading, emphasizing its use in sentiment analysis and trading pattern recognition. He also talks about the significance of Bitcoin ETFs in boosting institutional confidence in crypto markets. Lastly, Tom outlines the growth and future plans for Gold-i, focusing on enhancing their Matrix Net technology and expanding their role in crypto liquidity aggregation.
#financemagnates #CryptoLiquidity #FXLiquidity #AIinTrading #BitcoinETF #TradingTechnology
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Throwback to FMLS:23 | FMvoices
Throwback to FMLS:23 | FMvoices
Throwback to FMLS:23 | FMvoices
Throwback to FMLS:23 | FMvoices
Throwback to FMLS:23 | FMvoices
Throwback to FMLS:23 | FMvoices
FMvoices are here to confirm all the great things you've heard about our events ✨ At the same time, it's a throwback to our very successful FMLS:23 and we want to give out a special thank you to everyone who took the time to talk to us during the busy hours of the expo!
Ugnė B., payabl.
Joe Pelley, ActivTrades
William Thomas, BVNK
Got FOMO? Register now and secure your spot to the most premium financial event of London 🔗 https://events.financemagnates.com/EmKzD?utm_source=linkedin&utm_campaign=FMvoices-FMLS23&utm_medium=video&RefId=FMvoices+FMLS23
#fmls24 #fmls24 #fmls #fmevents #London #networking #financesummit
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FMvoices are here to confirm all the great things you've heard about our events ✨ At the same time, it's a throwback to our very successful FMLS:23 and we want to give out a special thank you to everyone who took the time to talk to us during the busy hours of the expo!
Ugnė B., payabl.
Joe Pelley, ActivTrades
William Thomas, BVNK
Got FOMO? Register now and secure your spot to the most premium financial event of London 🔗 https://events.financemagnates.com/EmKzD?utm_source=linkedin&utm_campaign=FMvoices-FMLS23&utm_medium=video&RefId=FMvoices+FMLS23
#fmls24 #fmls24 #fmls #fmevents #London #networking #financesummit
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FMvoices are here to confirm all the great things you've heard about our events ✨ At the same time, it's a throwback to our very successful FMLS:23 and we want to give out a special thank you to everyone who took the time to talk to us during the busy hours of the expo!
Ugnė B., payabl.
Joe Pelley, ActivTrades
William Thomas, BVNK
Got FOMO? Register now and secure your spot to the most premium financial event of London 🔗 https://events.financemagnates.com/EmKzD?utm_source=linkedin&utm_campaign=FMvoices-FMLS23&utm_medium=video&RefId=FMvoices+FMLS23
#fmls24 #fmls24 #fmls #fmevents #London #networking #financesummit
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Don't miss out on our latest videos, interviews, and event coverage.
Subscribe to our YouTube channel for more!
FMvoices are here to confirm all the great things you've heard about our events ✨ At the same time, it's a throwback to our very successful FMLS:23 and we want to give out a special thank you to everyone who took the time to talk to us during the busy hours of the expo!
Ugnė B., payabl.
Joe Pelley, ActivTrades
William Thomas, BVNK
Got FOMO? Register now and secure your spot to the most premium financial event of London 🔗 https://events.financemagnates.com/EmKzD?utm_source=linkedin&utm_campaign=FMvoices-FMLS23&utm_medium=video&RefId=FMvoices+FMLS23
#fmls24 #fmls24 #fmls #fmevents #London #networking #financesummit
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates.
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Don't miss out on our latest videos, interviews, and event coverage.
Subscribe to our YouTube channel for more!
FMvoices are here to confirm all the great things you've heard about our events ✨ At the same time, it's a throwback to our very successful FMLS:23 and we want to give out a special thank you to everyone who took the time to talk to us during the busy hours of the expo!
Ugnė B., payabl.
Joe Pelley, ActivTrades
William Thomas, BVNK
Got FOMO? Register now and secure your spot to the most premium financial event of London 🔗 https://events.financemagnates.com/EmKzD?utm_source=linkedin&utm_campaign=FMvoices-FMLS23&utm_medium=video&RefId=FMvoices+FMLS23
#fmls24 #fmls24 #fmls #fmevents #London #networking #financesummit
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates.
Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
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▶️ YouTube: https://www.youtube.com/@FinanceMagnates_official
Don't miss out on our latest videos, interviews, and event coverage.
Subscribe to our YouTube channel for more!
FMvoices are here to confirm all the great things you've heard about our events ✨ At the same time, it's a throwback to our very successful FMLS:23 and we want to give out a special thank you to everyone who took the time to talk to us during the busy hours of the expo!
Ugnė B., payabl.
Joe Pelley, ActivTrades
William Thomas, BVNK
Got FOMO? Register now and secure your spot to the most premium financial event of London 🔗 https://events.financemagnates.com/EmKzD?utm_source=linkedin&utm_campaign=FMvoices-FMLS23&utm_medium=video&RefId=FMvoices+FMLS23
#fmls24 #fmls24 #fmls #fmevents #London #networking #financesummit
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates.
Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
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Don't miss out on our latest videos, interviews, and event coverage.
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FMvoices are here to confirm all the great things you've heard about our events ✨ #fmevents #fmls24
FMvoices are here to confirm all the great things you've heard about our events ✨ #fmevents #fmls24
FMvoices are here to confirm all the great things you've heard about our events ✨ #fmevents #fmls24
FMvoices are here to confirm all the great things you've heard about our events ✨ #fmevents #fmls24
FMvoices are here to confirm all the great things you've heard about our events ✨ #fmevents #fmls24
FMvoices are here to confirm all the great things you've heard about our events ✨ #fmevents #fmls24