Coinbase Background
Coinbase Global, Inc., known as Coinbase, is an American company that offers a cryptocurrency exchange platform and operates remotely - the first company of its kind without an official, physical headquarters. The company was founded in 2012 by Brian Armstrong and Fred Ehrsam from a $150K start up incubator.
As of March 2021, Coinbase was the largest cryptocurrency exchange in the United States by trading volume and has almost 43 million verified users. (almost 4 times that of Robinhood).
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Topics:
Traders,
Industry Trends,
Thought Leadership,
Forex B2B,
Institutional Trader,
Institutional Broker,
Coinbase
The year of 2018 announced the era when DDoS attacks exceeded 1 terabyte on an individual attack basis. The definition of a “DDoS” (Distributed Denial-of Service) attack is “a malicious attempt to disrupt normal traffic of a targeted server, service or network by overwhelming the target with a flood of internet traffic”. The most famous instance was the attack on GitHub that caused downtime of 15-20 minutes[1]. Two days later, NETSCOUT Arbor confirmed a 1.7 Tbps DDoS attack but this one managed to fly under the radar as there were no reported service disruptions.
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Topics:
Traders,
Industry Trends,
FX Liquidity,
Forex Brokerage,
Start Your Own Forex Brokerage,
SYOB,
Forex B2B,
Regulation,
MiFID,
MiFID2,
Wholesale FX,
FX Liquidity Provider,
Retail Trader,
Retail Broker,
Institutional Trader,
Institutional Broker,
System Uptime
FIX API has been a trending phrase amongst Forex professionals for the past decade. The technology has proven to be the fastest and one of the most secure ways to trade in FX.
A FIX API is an application programming interface (API) that uses FIX protocol. It connects FX Liquidity makers with takers. In our case, FX FIX API is a way to connect directly with a particular Liquidity Provider or aggregator.
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Topics:
Traders,
Industry Trends,
Forex Brokerage,
Start Your Own Forex Brokerage,
Brokerage,
SYOB,
FX Broker Startup,
Forex B2B,
MiFID2,
Wholesale FX,
FIX API,
Retail Trader,
Institutional Broker
2018 was a challenging year for retail FX brokerages with many of them being sold over the counter and others struggling to implement the new rules mandated by regulators.
What we can say is that 2018 was first and foremost a year of new regulation. Legal teams have been working hard to structure businesses differently and/or adapt to the new rules. Quiet contrary to the goals of the regulators’ goals, offshore is once more becoming the broker’s common strategy, especially to continue to offer high leverage to retail clients.
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Topics:
Traders,
Industry Trends,
Thought Leadership,
Forex Brokerage,
Brokerage,
Forex B2B,
Regulation,
MiFID,
MiFID2,
Retail Trader,
Retail Broker,
Institutional Trader,
Institutional Broker
Major market events are generally accompanied by periods of massive uncertainty, volatility and downright fear. It doesn’t matter whether these events are expected, like the Brexit vote, or unexpected like the SNB move last year, the outcome is the same. Many market participants have a few options on how to survive the dislocation. Fear of the unknown creeps into every financial exchange, instability reigns and price action is violent. These events has the potential to affect every trader, brokerage and bank for days, weeks and even years depending upon their severity and the resulting market fallout. Below, I will outline a few possible risk/reward strategies along with how to attempt to control the uncontrollable.
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Topics:
Industry Trends,
Thought Leadership,
Forex Brokerage
New electronic solutions for FX block trading are emerging as this last bastion of voice trading is being reshaped by increased regulatory capital requirements, tighter internal credit standards and fallout from the fixing quagmire.
This article discusses the Full Order Execution (FOX) block trading mechanism offered by Advanced Markets, which operates a low latency, direct market access (DMA) liquidity pool in which liquidity is streamed by 10 leading FX banks.
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Topics:
Industry Trends,
Thought Leadership,
Block Trading,
Wholesale FX,
Retail Trader,
Retail Broker,
Institutional Trader,
Institutional Broker
