NZ Brokers Catch Break with FSPR, IS Prime’s Partners Talk PoP

The FX world had a variety of events this week, with brokers finding new standards to operate in New Zealand by the FSPR – meanwhile the week climaxed with a critical ECB monetary policy statement.


IS Prime’s Jonathan Brewer, Raj Sitlani Discuss Institutional Sphere, PoP

Forex Magnates spoke with Jonathan Brewer and Raj Sitlani, Managing Partners at IS Prime for a detailed look into the institutional sphere and the playing field for Prime of Prime (PoP) brokers.

Key Executive Moves

Exclusive: Amana Capital Adds Yousef Malek as Director of Business Development

Online multi-asset broker, Amana Capital, has appointed Yousef Malek as its newest Director of Business Development – MENA, following more than a decade of executive level experience in similar roles.

Idan Hartman Relinquishes Role as CEO of Fusion Media Agency

Idan Hartman, CEO at Fusion Media Agency, has reportedly relinquished his position with the group after nearly three years in the role, according to information learned by Forex Magnates.

In Case You Missed It

Offshore New Zealand Brokers Exempted from NZ$1 M Capital Requirement

According to the New Zealand Financial Markets Authority, if brokers do not offer their services to New Zealand residents, there is no need to get licensed by the regulator, but only register on the FSPR.  

ECB Abstains from Quantitative Easing, Leaves Door Open for 2015 

The euro bulls are breathing a sigh of relief with the European Central Bank strongly suggesting that it will look for additional ways to ease monetary policy, however this won’t happen before ‘early next year’.

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