Funds Safety Checklist for the Institutional FX Clients
Everyone is talking about the hot new trend that is ChatGPT. Advanced Markets caught up with this Open AI chatbot and asked some of our own questions. Not all were answered accurately, we have edited some of the responses, some were not answered at all, so our Team of Experts have given their insight!
5 questions about Forex Prime Brokerage answered
Everyone is talking about the hot new trend that is ChatGPT. Advanced Markets caught up with this Open AI chatbot and asked some of our own questions. Not all were answered accurately, we have edited some of the responses, some were not answered at all, so our Team of Experts have given their insight!
Would FX Brokerage Be Able To Replicate Coinbase’s IPO Success?
Coinbase Background Coinbase Global, Inc., known as Coinbase, is an American company that offers a cryptocurrency exchange platform and operates remotely – the first company of its kind without an official, physical headquarters. The company was founded in 2012 by Brian Armstrong and Fred Ehrsam from a $150K start up incubator. As of March 2021, […]
The Most Common Mistakes from New Fund Managers
Over the years, I’ve seen it all, the good, the bad and the ugly. I have tried to always keep my clients informed and have helped guide them along the way. There have been a variety of responses, but in the end, my client knows that I am here to help and that I have […]
Switching to Trading FX via a FIX API
FIX API has been a trending phrase amongst Forex professionals for the past decade. The technology has proven to be the fastest and one of the most secure ways to trade in FX. A FIX API is an application programming interface (API) that uses FIX protocol. It connects FX Liquidity makers with takers. In our […]
Why Does Liquidity Differ Between “Prime of Prime’s”?
Recently at an FX conference, a developing fund manager and I crossed paths. After a few polite introductions, I quickly realized that, based on his audited returns, the new fund manager was proficient in trading the FX market. The detailed description of the fund’s fundamental and technical trading strategies was welcoming to hear. After a […]
2018: Short Cuts make Long Delays
2018 was a challenging year for retail FX brokerages with many of them being sold over the counter and others struggling to implement the new rules mandated by regulators. What we can say is that 2018 was first and foremost a year of new regulation. Legal teams have been working hard to structure businesses differently and/or adapt to the new rules. Quiet contrary […]
FX Brokerage Owner, What’s Your Exit Strategy?
Planning an exit strategy for your FX brokerage is an important consideration, and one that certainly crosses an entrepreneur’s mind as their business grows and evolves. Given that we currently seem to be in somewhat of a consolidation wave across the industry, this topic has been a popular one behind closed doors, as well as […]
What to Expect When Moving from Retail to Wholesale (Institutional) FX
I thought it would be useful to compile a short list of the main differences found when trading OTC (over-the-counter) FX with an STP (Straight Through Processing / No Dealing Desk) “Prime of Prime” and a Retail brokerage. The differences can be categorized as follows: – Vetting / Onboarding – Netting vs Hedging – Deposits […]
How to Get an LEI Number if You Don’t Have a LOU (Local Operating Unit) in Your Country
The global push for greater transparency in financial markets continues to gain traction with top tier regulators now requiring that all entities, engaged in trading financial markets, report their LEI (Legal Entity Identifier) number to regulatory repositories. In the European Union, this process started as of January 3rd, 2018 as per MIFID 2. In Australia, […]