E forex magazine

E forex magazine

Forex Magazines & Publications. Back to Directory Menu. Automated Trader; Consensus Weekly; Currency Trader Magazine; Economist Magazine; e-Forex; Euromoney Magazine Euromoney magazine looks at best uses of rules-based order routing READ MORE Barracuda FX Wins 'Best Order Management System' in the FX Week e-FX Awards However, E Forex Magazine Pdf you E Forex Magazine Pdf many need to sign up for a premium plan to get personalized assistance. Another important factor is the terms and conditions for withdrawal of winnings and bonuses. If the withdrawal limit is high you might have to keep trading to reach that amount which means you might not be able/10()

e-Forex Magazine: Barracuda FX launches OMS Cloud - BarracudaFX

Electronic foreign exchange trading made a slow start in the Middle East. Take e forex magazine is now well advanced in some sectors and some countries, though a lack of infrastructure, e forex magazine, varying degrees of regulation and local civil and political disturbances paint a mixed picture across the region as a whole.

By Richard Willsher Electronic foreign exchange trading made a slow start in the Middle East. On one side the largely US dollar denominated receipts from the sale of hydrocarbons, on the other the import bills for manufactured goods and infrastructure developments produce huge foreign currency liquidity while local currency requirements also need to be met.

Add to these trade requirements the appetite for foreign exchange trading and speculation and the Middle East region ought to register more prominently than it does. Similarly Qatar is third in the league table of net exporters of natural gas, e forex magazine. Moreover, companies that operate in the region, especially in the oil and gas sector, e forex magazine, logistics, transport and financial services are world leaders with sophisticated understanding of treasury management, including the use of foreign exchange operations and electronic management and trading tools.

What quickly becomes clear however is the fragmented and patchy nature of both FX e-trading in the region and the e forex magazine and technical infrastructure that facilitates it country by country. Generalisations about the region have to give way to country specifics and to business models and products geared to segmented client groups. Ourcorporate franchise follows e forex magazine footprint and geographical presence.

We have a fully- fledged license at DIFC in Dubai as an offshore bank. We have an onshore license in Abu Dhabi. We have a presence in Qatar, and a local presence in Saudi. Our strongest markets in the region are UAE and Saudi Arabia, e forex magazine.

This applies to the largest of local corporates, e forex magazine. They are looking for simple, easy workflow. Everything else is covered out of our voice team. But interest in electronic is absolutely growing. The constant demand for best execution, coupled with integrated pre and post trade services, e forex magazine, reinforces the need and hence the growth in the use of electronic trading channels.

Tod Van Name, global head of Bloomberg Foreign Exchange says that the Middle East as a whole has lagged in the adoption of e forex magazine, but this is changing quickly. Corporate treasurers are turning to multi-bank platforms, like Bloomberg FXGO, e forex magazine, to manage their FX risk, make requests for quotes and execute their FX trades, thereby minimizing the manual processing of transactions.

This is forcing competition upon forex platform providers, e forex magazine. Whereas the majority of FX business conducted with local banks is executed traditionally, over the phone, e forex magazine, large international banks are responding to increasing market demand for electronic platforms and e-commerce services.

This shift towards e-trading is driving larger local banks to invest in e-commerce offerings, e forex magazine, and we expect to see them start providing their own e-trading solutions to their buy-side clients. This view is corroborated by Johnny Nielsen, head of institutional business in Middle East region at Saxo Bank. We have recently seen increasing interest for non-domestic markets, in particular for international equities, futures and FX, all of which are available to trade via our award winning platforms in a single account.

All clients are essentially looking for similar ingredients to ensure that their trading needs are met: transparency, efficient execution, standardized pricing and anonymous trading. Moreover, they want quality service from market professionals as well as a reputable partner.

Key requirements such e forex magazine efficient straight through processing STP to treasury management systems and audit logs of quote histories necessitate electronic trading. At T, we have concentrated on speaking to and gaining local market makers onto the platform as well as the traditional global players, e forex magazine, thereby giving clients a choice of banks. Many large corporates especially seem to have developed very quickly in the past couple of years in this respect, leapfrogging some evolutionary stages that European or American corporates went through on their journey.

They have even jumped to using the intra-group tool, which allows a central treasury to manage, control and execute requests of satellite subsidiaries.

Regulation, relationships and Shariya law So the large corporate and institutional sectors across the region as a whole represent a significant and growing market, e forex magazine. This is being addressed by major international banks and platform providers and the local banks are playing catch up, well aware that electronically delivered services are the way forward and they need to compete, e forex magazine.

However no one is saying that the region is e forex magazine easy one in which to build e-business, not least because of restrictions and regulation of forex trading. Some countries have little or no regulation others impose restrictions. Lebanon, for example, e forex magazine, has a very strong financial sector historically and was advanced in introducing a regulatory regime for foreign and regional investors.

The UAE has introduced licensing for foreign exchange trading offshore. Then Saudi Arabia has e forex magazine largest number of potential traders but no licensing, e forex magazine. Therefore many clients work on-line. Add to this the traditional, cautious Middle Eastern approach to business based on relationships and the need for transparency, and this can pose problems both for dealing with financial brands that may be well known in the west but not locally and also embracing new technologies which offer no human interaction.

This is particularly true of the retail sector, where FX Solutions has been building its business since From the outset we decided to utilize the IB network and our IB partners have helped contribute to our growth and success in the retail sector, e forex magazine.

They are our sales force on the ground for the most part. That someone is usually an IB. Blogs and forums are very important, perception is everything. If they know someone who knows us, who recommends us, then they feel more comfortable and are likely to open an account. It helps that FX Solutions has worked hard to build a strong brand and a reputation based on innovation, on fairness and on total transparency.

In Saudi Arabia the monetary authority is understandably very wary of new markets. There is intense scrutiny of business practices and participants with a view to both protecting their citizens e forex magazine making sure that their laws and regulations are upheld.

The e forex magazine is on us to convince the authorities that we deserve their trust. A history of regulatory compliance is vitally important in this regard and it helps to point to our record in the US, where we are registered with the CFTC and an NFA member, e forex magazine, and the UK FSA.

Saudi Arabia remains very strict financially and the barrier to entry is high. Apart from anything else, a company e forex magazine more regulatory capital to register in Saudi Arabia than to register in the US. FX Solutions has participated in several trade shows where interest in our product was high. Perhaps the door, e forex magazine, whilst not fully open, is slightly ajar?

Although the common perception may be that Islamic or Shariya principles restrict the development of forex trading in the region, this is not a consistent picture and is surrounded in uncertainty and lack of clarity. There are a number of approaches to this issue. What discussion there is, is about swaps and interest rate products. Regarding speculation, anything undertaken without proper knowledge and understanding would be speculative and would necessarily fall foul of Shariya principles on gambling.

That is why we offer educational services alongside our technical products and services. FX Solutions has consistently adopted a cautious and respectful strategy where Shariya is concerned. Whilst we have done our due diligence to provide Shariya compliant markets we are aware that our clients have also done their own due diligence. Many of our IBs provide online tools to assist clients in this regard.

This will enable market participants to conduct business on an electronic platform without the financial and resource investments they would normally need to make, e forex magazine.

Aspects such as margin trading, shorting etc have also to be taken into consideration. Any introduction of Shariya compliant products will be in close cooperation with bodies that ensure the compliance of the offering.

On other instruments, such as equities we have recently given clients the possibility of analyzing equities to monitor their compliance. This feature has been very well received and indicated the strong interest for such products. Retail FX Talking to people active in providing FX trading services in the Middle East region also produces a more pragmatic approach to Shariya-approved trading.

In essence clients, particularly on the retail side, for whom Islamic principles are important will either choose approved products and structures or will not trade. Others who are less concerned will use available platforms and perhaps offshore centres, such as Cyprus, to trade as they wish.

Traders and investors will let conscience be their guide. What is clear is that retail customers across the region are increasingly attracted to the simplicity, and perhaps the e forex magazine, of trading forex on their own account by electronic means. Unlike international banks, regional banks have not really taken this up. Retail traders in Saudi Arabia tend to be a mix of individuals and successful business people, some extremely wealthy. Account sizes tend to be larger than the norm which, in turn, leads to larger deal ticket size.

The accounts may be smaller but they tend to be more active. They are very interested in technical analysis and like to use charts to help with their trading decisions. With Lebanon, on the other hand, the issue is more one of US and UK government restrictions on accepting clients from that country, e forex magazine, possibly due to its proximity to Syria.

We are bound by the laws and regulations, not only of those counties in which we operate, but of those countries in which we are registered and regulated. If you look at Turkey you have a similar trading mentality as that in Egypt or Saudi Arabia but the government there has clamped down on firms operating without a physical presence in Turkey and without registration. They have made registration extremely difficult and costly.

Things can change dramatically but in the countries where we are most accepted there seems to e forex magazine a willingness to embrace what we do. Another reason for the popularity of retail trading of forex has been disappointment with other asset classes. However while the retail sector largely trades the major currency pairs there is some appetite for links with other asset classes such as commodities, futures and stock indices.

Specialised services At the other end of the scale, development of wholesale services such as prime brokerage and growth in high performance algorithmic and high frequency trading seems not to have reached its tipping point as yet, e forex magazine.

E forex magazine aggregation gains popularity in the region e forex magazine liquidity will increase, traders will start to embed aggregation in their strategies, and this will encourage more price makers to participate in the market and therefore drive algorithmic trading in the future.

Bilateral credit has also been a problem for medium to smaller financial institutions in the Gulf, which make PB offerings attractive. These institutions are taking advantage of these global shifts and establishing specialist services such as PB divisions. As volumes and processing time for trades increase, the conversations about Prime Brokerage seem to be happening more and more.

There is a feeling that many more firms will require Prime Brokerage services in future, e forex magazine. Future prospects Everyone we spoke to in our research for this regional perspective was upbeat about the rate at which interest in forex products and their electronic delivery was growing.

There was general optimism about how the Middle East still had some distance to go before it fulfilled its potential but there are some headwinds. Some of these originate in the region itself and others from beyond its shores. From the countries themselves comes fears about political stability. Syria, Iraq, Iran, Bahrain and Egypt are all e forex magazine subject of upheavals or circumstances the outcomes of which are uncertain. Lebanon while stable itself and a favourite business and financial centre for the Middle East has also seen initial overspill of tension from the conflict in Syria which the Lebanese authorities have been keen to e forex magazine and quell, e forex magazine.

Several commentators have suggested that the turmoil in Bahrain has put the brakes on its growth potential as a leading Gulf finance and banking centre.

O Que E Forex !

, time: 9:02

E FOREX MAGAZINE - FOREX MAGAZINE - ABOUT THE FOREX MARKET

New concept in efficient FX technology for Brokers – podcast interview with e-Forex Magazine Executive Interview / By Yulia T. In this explicit live interview with Larry Levy of e-Forex Magazine, our EVP Lea W. goes in-depth about Plugit’s flagship product YOONIT, its’ Author: Yulia T Euromoney magazine looks at best uses of rules-based order routing READ MORE Barracuda FX Wins 'Best Order Management System' in the FX Week e-FX Awards 4/21/ · United Kingdom About Magazine Get to know everything about foreign exchange trading at e-Forex Magazine. Frequency 16 posts / quarter Magazine blogger.com Twitter followers ⋅ Domain Authority 34 ⓘ ⋅ Alexa Rank K ⓘ View Latest Posts ⋅ Get Email Contact. 2. ForexMag