FMAS:24 Day 2: "We Grew Locally Because of Liquidity"

Wednesday, 22/05/2024 | 10:21 GMT by Finance Magnates Staff

"We were an APAC-based company, but then grew locally because of liquidity and other problems," Doo Prime's Fraser Nelson.

Catch all the key moments from FMAS:24.

After an exciting first day, the Finance Magnates Africa Summit (FMAS:24) is now open for its second and final day. The environment is more vibrant today, with a record number of attendees at the Sandton Convention Center.

FMAS:24 is a prominent example of how Africa's trading industry is shaping. The continent's emerging market has already encouraged companies in the region. Now, the entire industry has come under one roof.

Bits and pieces from FMAS:24 so far 🌟😎#fmas #fmas24 #fmevents pic.twitter.com/FZyAKzNGxQ
— FM events (@F_M_events) May 22, 2024

Today is the last opportunity for traders, investors, businesses, and industry leaders to gather at FMAS:24's prime spot to forge new partnerships. This is where connections are made that will shape the future of finance in Africa. FMAS:24 connects online trading, fintech, crypto, digital assets, and payments, providing a dynamic platform for B2C and B2B audiences to network, learn, and form meaningful connections.

Moments from the Floor

"A trader who has transitioned from entry-level trading, there are certain things they look for in news as retail traders. When you get to the point of becoming an asset manager and managing clients' portfolios, you are dealing with liquidity and the policy outlook. Your exposure to and understanding of news fundamentally changes," said Lebowa Capital's founder, Jimmy Moyaha.

"We were an APAC-based company, but then grew locally because of liquidity and other problems," said Doo Prime's Head of Institutional Clients, Fraser Nelson.

Panel discussions have started. ForexLive's Adam Button is moderating a discussion on "How to Trade the News," participated by Lebowa Capital's founder, Jimmy Moyaha, HFM's Market Analyst for Southern Africa, François Du Plessis, and Doo Prime's Head of Institutional Clients, Fraser Nelson.

Panel discussion on How to Trade the News — Panel discussion on "How to Trade the News"

Here is a glimpse from the exhibition floor of FMLS:24. Booths are crowded.

Snapshots of Day 2 of FMAS:24 so far 🌟🌞#fmas #fmas24 #fmevents pic.twitter.com/qidFzVLIy0
— FM events (@F_M_events) May 22, 2024

B2Broker's Andrew Matushkin has also taken the stage and is sharing his views on the topic "Digital Asset Brokerage, Structure, and Artifice."

B2Broker's Andrew Matushkin on Digital Asset Brokerage, Structure, and Artifice. — B2Broker's Andrew Matushkin on "Digital Asset Brokerage, Structure, and Artifice."

The Finance Magnates Group team is talking to more industry professionals today. Jimmy Moyaha, founder of Lebowa Capital, shared his expertise on trading and what's next for this growing industry in Africa. Would you like to have a chat too?

An interview with Finance Magnates at FMAS:24 — Lebowa Capital's Jimmy Moyaha talking to the Finance Magnates Group at FMAS:24

The day started with teams posing at the venues. Did you take enough photos?

The Doo Prime team in front of their booth

Schedule for Exhibition Day 2

Center Stage

12:10 Digital Asset Brokerage, Structure, and Artifice
12:40 How to Trade the News
13:20 Blockchain's Role in Making Africa's Financial Systems Inclusive
15:00 Top Analysts Share Easy Tips and Hard Lessons
13:50 SuperApps: One App to Rule Them All?
16:40 Digital Currencies in 2024: Between Traded Assets and Payments Enablers

Trader Zone

12:20 Mastering Fundamental Analysis and its Integration with Technical Analysis
12:50 Trading Decoded: Strategies, Analysis, and Risk Management Essentials
13:20 Asset Allocation and Trading in a Lower Interest Rate Environment
15:00 Global Trends in Financial Markets in H2, 2024
15:30 Strategies for Trading Mastery: Pitfalls and Solutions
16:00 The Highs and Lows of the Modern Trader
16:30 Inside the Trader's Mind
17:00 Building a Robust Trading Plan: Key Elements and Execution

🎉 Welcome to Day 2 of FMAS:24!
We're gearing up for the last dynamic day at the Sandton Convention Centre. Don't forget to check today’s full agenda of speaker sessions and can't-miss opportunities 🔗 https://t.co/E0UBLWDHgL #fmas24 #fmas #fmevents pic.twitter.com/q4QEiB0s5d
— FM events (@F_M_events) May 22, 2024

Recap of Exhibition Day 1

The first day of the exhibition hosted some of the top speakers in the industry and witnessed a massive turnout of attendees. The speakers included regulators, C-level executives of top financial services companies and tech giants, and industry experts.

"Piecing the Prop Trading Puzzle" with Petros Kalaitzis from Tools for Brokers Pt. 2#fmas #fmas24 #fmevents pic.twitter.com/h6aToGHmAy
— FM events (@F_M_events) May 21, 2024

“There is no doubt [there will be enforcement on copy trading and signals],” FSCA’s Divisional Executive of Enforcement, Gerhard van Deventer, confirmed at FMAS:24. “We don’t have a choice.”

The speakers were also bullish on Africa's future prospects. “We have more young traders because we have more young people,” said HF Markets’ Alex Stefanidis.

FMAS:24 panel discussion on Business Growth in Africa and Beyond

If you are attending FMAS:24, do not miss the closing party.