FX Industry Personnel Shakeups, London Summit Concludes

There were a variety of events permeating the FX industry this past week, underscored by a number of executive moves – meanwhile, the 2014 Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term Magnates London Summit reached its conclusion.

Key Events

Forex Magnates London Summit Kicks Off

Registration is under way as over a thousand leading industry officials and executives are expected to be in attendance of the 2014 Forex Magnates London Summit at the Grange St. Paul Hotel in one of the hearts of the financial world. Read More Here

Key Executive Moves

Chi-X Australia Hires Peter Warton in Market Operations Role

Chi-X Australia Pty Ltd, a wholly-owned subsidiary of alternative trading venue operator Chi-X Global Holdings LLC, today announced the appointment of Peter Warton as head of market operations. Read More Here

Brandon Mulvihill and Michael Higgins Promoted at FXCM’s Institutional Sales Side

FXCM Inc (NYSE:FXCM) has announced to Forex Magnates that Brandon Mulvihill was recently promoted to his new role as global head of sales and will be relocating to New York from London. Read More Here

In Case You Missed It

Crude Oil – When Is The Free Fall Going To Stop?

Back in August, I prepared the following piece about Crude Oil: Since then Crude has broken more than a few major support levels and has been on a steady, yet some what volatile decline. Read More Here

Does ESMA Have Jurisdiction in the US or is That Strictly Dodd-Frank?

EMIR doesn’t have many extraterritorial demands when it comes to reporting aspects (and ESMA is just the regulator policing EMIR and other EU financial Regulation Regulation Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Read this Term). Read More Here