Introducing “Forex Nation”: Your Weekly Digest of The Forex Industry

“Meet The Experts” has unveiled Forex Nation, a new weekly recap comprising all of the essential developments, stories, and announcements from this past week on the comprehensive Forex Magnates platform.

Last week was a busy one in the Forex Nation, as investors and observers alike digested a generous dose of lackluster May metrics released by several brokers, along with a series of key executive appointments and additions to the Forex Magnates Experts site.

The Experts site welcomed its newest contributor, , President of Lionstone Investment Services Ltd. Mr. Beliakov joins a distinguished panel and will be handling all Binary Options related content and questions. , specifically in regards to the recent iFX EXPO in Limassol, Cyprus. As such, Mr. Beliakov is happy to .

In the latest in a , Founder and CEO of Tradeview Ltd spells out the , drawing upon his wealth of experience in the forex industry. Given the complexities of the industry at large, Furey maintains it is critical to keep your eye on the prize, warning of the most common traps, tapped “Dumb Tax” that would-be entrepreneurs are prone to falling for.

Retail forex traders also received some sage advice from resident expert , weighing in on the quandaries traders face in , while also tackling the prevalence and . Indeed, with advanced platforms and tools pushing the envelope for traders, several have turned to .

Bitcoin Making Bid For The Future?

A little over a week after taking center stage at the iFX EXPO, Bitcoin continues to peak the curiosities of many, relegated to the measured levels of risk and the continued expansion of . The cryptocurrency has even grabbed the attention of the largest name in investments in the United States, Warren Buffet, who has . On the development front, digital currency users learned of the , which should be available by the end of the month.

Key Executive Moves

Mitch Eaglstein, one of the forex industry’s leading names and staunch contributor on the Experts site, has been , an expansionary offshoot of Dubai-based Fortress Banking in a bid to serve qualified investors in the public market across the financial world. According to Mr. Eaglstein in an exclusive statement to Forex Magnates regarding the hire, “we will be bringing on a team of top industry veterans and will provide best of class service to the business to business market. In addition to organic growth, we intend I use our strong balance sheet to grow through accretive and strategic acquisitions.” We wish Mr. Eaglstein all the best in his new role.

In other news, the marriage between K Duker and OANDA was not meant to be, culminating in – Mr. Duker was instrumental in his focus and expansion towards the the Asia-Pacific region. “After six years with OANDA Corporation, K Duker has decided to leave the company to pursue new opportunities. In my first six months as President and CEO, I cannot even verbalize how much of an asset K has been to me, providing invaluable guidance and insight,” commented OANDA’s CEO Ed Eger in an exclusive statement to Forex Magnates.

In Case You Missed It: Japanese Volumes Dive In May

With the inception of a new month comes the scheduled release of yet another series of metrics for brokers and exchanges, which . This included a , GMO Click reporting waning forex volumes of -12.6% MoM during May, and volume during yet another month.

 

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