Blog

MiFID II: Will you finally know who is on the other side of your trade?

Posted by Natallia Hunik on Jul 19, 2017 7:00:00 AM

MiFID II, the “Markets in Financial Instruments Directive”, is legislation that is set to be implemented across the European Union on January 3rd, 2018. As this due date approaches, many market participants are scrambling to implement changes to hopefully comply with the new rules. Some, on the other hand, prefer to procrastinate as long as possible in the hope of getting further clarity on this pending regulation.

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Topics: Licensing, Regulation, MiFID, MiFID2

How does one define “best execution” for FX Trading Firms under MiFID II?

Posted by Anya Aratovskaya on Jul 12, 2017 8:41:06 AM

While some industry sources are arguing whether or not MiFID II will dramatically affect the FX industry, most FSA and CySEC licensed FX brokers are rapidly adjusting policies in order to comply with the new requirements. 

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Topics: Licensing, Regulation, MiFID2

Navigating the ASIC FX Brokers’ Register and, what does it mean to "Make a Market" in Australia?

Posted by Natallia Hunik on Apr 5, 2017 8:48:25 AM

More than a few times over the past year, I have come across instances where companies have thought that they were paying for legitimate ASIC licenses when, in reality, that was not the case. There appears to be several “light fingered” agents operating in the market (particularly, in the Asia region) who are “selling ASIC licenses” at a discounted price.

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Topics: Licensing, Regulation

Wind of Change? What the new CySEC rules mean to the FX industry

Posted by Bjorn Enqvist on Aug 16, 2016 11:24:43 PM

CySec’s strategic move capitalizes on a potential shift in the global FX landscape.

As someone who is very passionate about FX and football, I’m always keen to draw parallels between both whenever possible.

Where football and, indeed, sport in general is concerned, 2016 will forever be remembered as “the year of the underdog”

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Topics: Brokerage, Licensing, Regulation