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.
Interviews
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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