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 […]
Regulatory Jurisdictions for Startup FX Brokerages
The FX Landscape has changed dramatically this year, mostly due to the implementation of MiFID 2 regulations, and rulings by ESMA, in Europe alongside additional government scrutiny of the Chinese FX Market and the exposure of failed profit-sharing models. As a result, we are seeing quite a few licensed FX Brokers for sale, as well […]
Traders’ Room and CRM for Your FX Brokerage: 101
As with most businesses, the operation of a Retail FX Brokerage involves a lot of moving parts that must be synced together to create an efficient and viable business. These would include Legal (KYC, trading agreements, dispute management, regulatory reporting), Trading Platform Administration and Management, Liquidity and Risk Management Provisions, IB Management, Client Support, and, […]
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, […]
5 Ways To Hack FX Advertising in China
From social media strategy to content creation, what are the steps to take to reach the 1.4 billion-people Chinese market? Penguin Intelligence, a research agency subsidy of Tencent, recently reported that as of Q4 2016, there were 889 million active users monthly. People are spending, on average, 66 minutes each day on WeChat with 57.22% […]
MiFID II Reporting – DRSPs, APAs, ARMs, CTPs
by Natallia Hunik, Global Head of Sales at Advanced Markets & Fortex, Inc. and Ron Finberg, Head of Business Development at Cappitech. MiFID II has been the focal point of many discussions in the European financial world recently. We have previously focused our attention on several of the main aspects of this upcoming regulation, such […]
What is the Best MAM System for MT4 / MT5?
MAM is an acronym for Multi Account Manager, a plugin originally designed for the Meta Trader 4 Platform to allow the proportional (or any set) profit and loss distribution from Fund Manager (or Master) to Investors (or Sub Accounts). The Master Account serves as the primary (and the only real) trading account, and sub accounts […]
MiFID II – How Many Liquidity Providers Should a Broker Have?
Best execution policy under MiFID adopts a multi-faceted approach that addresses, amongst other things, quality of execution, trading conditions extended to clients and the counterparty selection process. It also provides directions and guidelines on how best execution can be achieved. The execution policy, set forth in MiFID II rests on several main pillars and I […]