With autumn in full swing, several brokers and platform providers are already undergoing vast transformations, including Hello Markets and Pepperstone – meanwhile, ICM Capital’s Shoaib Abedi checks in with Forex Magnates.
Weekly Interviews
Hello Markets’ Wassim Khateeb Talks Rebranding and Upcoming Product Development
Forex Magnates touched base with Hello Markets’ Managing Director, Wassim Khateeb, for his exclusive perspective on the firm’s rebranding and new product development, which looks to be unveiled in the near future.
ICM Capital’s Shoaib Abedi Talks Expansionary Offerings and the Value of FCA Status
Shoaib Abedi, Director at ICM Capital, gives his take on the firm’s unique product suite and expansion into the USD/CNH pair, along with the perceived impact of FCA regulatory status on trader protection.
Key Executive Moves
JPMorgan Shuffles FX Heads, Scott Hamilton Succeeding Scott Wacker
Scott Wacker, JPMorgan’s Head of FX Sales and Marketing for Europe, the Middle East and Africa (EMEA), has been promoted to the newly forged role of Global Head of e-Commerce Sales and Marketing.
CFH Systems Appoints Two New Regional Directors in Eastern Europe
CFH Systems has named Alexander Stanovoy and Lukasz Paszkiewicz as its newest Regional Directors in a bid to help develop and foster its growth initiatives in Eastern Europe.
Nomura Scales Back London FX Operations, Terminates Four
The FX exodus from London by large banks has continued, with Nomura terminating the contracts of four FX employees, Darren Dempsey, Max Popov, Antoine Berger and John Erratt, effective immediately.
In Case You Missed It
Exclusive: Pepperstone Shuts down Japan Services as IPO Grows Imminent
One of Australia’s largest FX and CFD brokers is pulling out of Japan and re-focusing on regions where it is fully regulated. With an IPO imminent the broker is looking to Europe and New Zealand for international expansion.
Why Are Binary Options Generally Seen in a Negative Light?
This is an interesting topic. I like to draw parallels to Forex when talking about binary options and this is one of those questions where that can be done fairly easily. The thing is, binary options are a relatively new industry in a world of advanced technology.
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