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Regulation
Exclusive: Poland to Restrict Maximum Leverage on FX Trading to 50:1
2017-12-13T22:47:26.000+02:00
The proposition allows brokerage firms to raise the maximum permitted leverage to 100:1 under one condition.
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Prime Brokerage
JPMorgan Taps Warsaw for Operations Center, Heralding Thousands of New Jobs
2017-09-22T15:23:43.000+02:00
The new operations center could bring thousands of new jobs in data, risk, and credit risk management.
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Brokers
XTB Posts H1 Results: Revenues and Profits Storm Higher, Led by CFDs
2017-07-26T20:01:22.000+02:00
The latest financial results build on XTB's momentum earlier this year though headwinds remain for the brokerage.
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Brokers
Polish Regulatory Backlash Drives XTB Shares to All-Time Lows
2017-07-14T15:16:43.000+02:00
The company’s valuation drops to under $200 million a little over a year after the $350 million IPO.
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Regulation
Breaking: Poland Unveils Plans to Limit Leverage on FX
2017-07-13T09:48:42.000+02:00
Polish regulatory authorities will be reducing leverage to a maximum of 1:25.
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Jeff Patterson
Innovation
Philip Morris Replaces Pre-Paid Cards with Blockchain Technology
2017-06-06T11:40:52.000+02:00
PMI teamed up with Billon Group which uses blockchain technology to eliminate the need for vouchers and pre-paid cards.
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Analysis
Exclusive Guide: the Costs of Outsourcing Your Operation to Eastern Europe
2017-05-17T10:58:48.000+02:00
Bulgaria, Macedonia, Moldova, Poland or Ukraine - which makes the most financial sense for your business?
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Avi Mizrahi
Brokers
XTB Posts Q1 Results, Revenues Decline Despite Growing Account Numbers
2017-04-26T22:39:10.000+02:00
The first quarter of 2017 builds a base for a better performance ahead if the company manages to retain clients.
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Victor Golovtchenko
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Brokers
Exclusive: XTB’s CEO Omar Arnaout Goes in Depth to Explain XTB’s Plans
2017-04-13T12:44:53.000+02:00
Omar Arnaout elaborates on the challenges of operating in Turkey, industry consolidation and regulatory challenges
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Damian Chmiel
Regulation
Polish Authorities Launch New Effort to Block Unauthorized Forex Brokers
2017-04-06T15:25:09.000+02:00
Internet providers will play a key role in restricting access to unauthorized sites.
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Victor Golovtchenko
Executive Moves
Admiral Markets Appoints Adam Narczewski as Country Manager in Poland
2017-03-27T10:07:28.000+02:00
The new hire joins the brokerage after a long stint at XTB.
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Victor Golovtchenko
Brokers
XTB Reports Increasing Accounts but Declining Revenues in 2016
2017-03-20T10:59:27.000+02:00
Polish publicly listed brokerage XTB reported on the final outcome for the company last year.
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Brokers
XTB Reports Record Quarter, Revenues Rise to $23.2m
2017-01-26T00:17:29.000+02:00
Polish brokerage XTB has capitalized on higher volatility in Q4 to close a downward year.
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Victor Golovtchenko
Regulation
Polish Regulator Adds GKFX to Warning List
2017-01-24T15:37:40.000+02:00
The UK subsidiary of the broker has been included on the warning list of the KNF.
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Victor Golovtchenko
Executive Moves
Match-Trade Hires Michael Karczewski to Head New Warsaw Office
2017-01-24T14:04:16.000+02:00
Karczewski is tasked with focusing on new business development opportunities in Europe and Asia.
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Brokers
InterTrader Eyes European Expansion as Markets Brace for Volatility in 2017
2017-01-19T13:40:08.000+02:00
InterTrader's CEO Shai Heffetz explains the firm's expansion in Eastern Europe and the impact of volatility in 2017.
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Jeff Patterson
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Executive Moves
Warsaw Stock Exchange Taps Rafał Antczak as its Next President
2017-01-04T21:51:34.000+02:00
Rafał Antczak has been appointed as the group’s President, succeeding Małgorzata Zaleska.
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Regulation
Polish Watchdog Warns Against Several Unlicensed Firms
2016-12-27T17:13:49.000+02:00
The public has been advised to abstain from any business or transactions with these providers.
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Aziz Abdel-Qader
Brokers
XTB CEO: "Judging IPO Effects After Only a Few Months Would Be Inappropriate"
2016-12-27T09:31:53.000+02:00
Jakub Malý explains why XTB dropped nearly 40% in value since its IPO on the Warsaw stock exchange last May.
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Damian Chmiel
Regulation
Polish Financial Ombudsman Sees FX Market as ‘Poorly Regulated’
2016-12-23T18:51:07.000+02:00
Poland witnessed a surge in banks offering FX platforms to retail and institutional investors in the last years.
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Aziz Abdel-Qader
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Brokers
Tickmill Launches Polish Language Website, Supporting Growing Client Base
2016-12-20T18:45:32.000+02:00
The new launch of its Polish website helps Tickmill grow its market presence in the country and beyond.
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Executive Moves
XTB Promotes Omar Arnaout as its Regional Director
2016-12-13T19:57:35.000+02:00
Omar Arnaout has been elevated as the Regional Director of Poland, Germany, Hungary, and Romania.
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Brokers
eToro Looks to Eastern Europe with Launch in Poland
2016-12-07T19:46:53.000+02:00
eToro is launching in Poland, part of a global expansion.
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Regulation
Deutsche Bank to Back Out of Brokerage Business in Poland
2016-11-16T17:23:44.000+02:00
The report stated that Deutsche Bank might face difficulty as it must coordinate the process with the Polish regulator.
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Aziz Abdel-Qader
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Blogs
Polish Forex Market: Banks Fighting Brokers with Technology
2016-10-27T08:47:45.000+02:00
Poland is one of the world's most mature retail FX markets, with banks successfully competing for FX customers.
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