Report: A New Era for Forex
Media: Lufthansa Inflight magazine 2015
Sector: Foreign Exchange Trading
Publication Date: June 2015
The US$5.3 trillion-a-day foreign exchange market is undergoing rapid change as a result of technology and new regulation. While high profit-making opportunities in the world’s largest financial market attract many traders, they demand to do business with sound financial institutions that offer transparency across each transaction.
Report Content
A New Era for Forex
The US$5.3 trillion-a-day foreign exchange market is undergoing rapid change as a result of technology and new regulation. While high profit-making opportunities in the world’s largest financial market attract many traders, they demand to do business with sound financial institutions that offer transparency across each transaction.
Creating a Culture Change
The CEO of FxPro, one of the largest players in the online FX industry, pushes for a change of industry practices. Spurred by the Swiss Franc shock, Charalambos Psimolophitis believes that it is time to come up with new rules and models to rebuild the reputation of the global FX industry.
The Golden Rules of FX Trading
OctaFX has elevated itself into an enviable position as a respected FX broker. The company highlights that investing in forex offers great opportunities and gives novice traders some valuable advice to get over the learning curve.
Making a Mark in Asia
China is one of the world’s largest economies, and Cyprusbased company PriorFX is gearing up to cater to the ever-increasing appetite of clients in the Asian republic.
Forex Innovation
The arrival of faster and more efficient trading systems has reshaped the FX landscape. Yasin Qureshi of Varengold Bank explains how financial technology (fintech) is driving the forex space today.
Trading Evolution
As the global FX market has moved from the trading desks of big banks into the homes of retail traders, Alex Pusco of ActivTrades talks about developments in the world’s most liquid market.
Bitcoin Trading: The Next Big Thing
With the world gradually warming to Bitcoin, Ingot Brokers’ Director Iman Mutlaq believes the cryptocurrency will become a key growth area for her company.
Brokering Diverse Solutions
Along with the general trend of capital shifting from the west to the east, FX players are attaching more importance to trading flows in Asia, Africa and the Middle East. ForexTime’s CEO, Olga Rybalkina, highlights that her company does not believe in a one-size- fits-all-approach when expanding into new markets.