News Feed Item

e-Forex Magazine Interviews Citi, ADS Securities, FCM360, Other Foreign Exchange Leaders in latest April Edition

NEW YORK and LONDON, April 8, 2014 /PRNewswire/ -- e-Forex magazine's April edition focuses on the latest trends in high-performance FX trading including a cover feature on Philippe Ghanem founder of ADS Securities in Abu Dhabi.

Asked about locating ADS Securities in Abu Dhabi, Ghanem, managing director and vice chairman, told e-Forex (www.e-forex.net): "Capital, stability, time zone and opportunity were all behind ADS Securities' decision to set-up in the Middle East. Abu Dhabi is quickly developing into an important financial hub and has a reputation as a city where you can do business. The company was established by forward-thinking local investors who realized that there was a gap for a well-capitalized FX company operating from a regulated and stable marketplace."

Abu Dhabi, sits between the financial centers of the Far East and Europe, allowing flow to be managed between these markets Ghanem observed.

In Pathways for achieving higher speed FX connectivity, author Dan Barnes, examines the increased adoption of Algorithmic FX trading coupled with the growth of FX trading on exchanges and the launch on new FX ECNs. Barnes asks whether these trends are making connectivity more complex and potentially more costly for trading firms.

The article quotes FX authority Jubin Pejman, FCM360 managing director, who told eForex: "New regulations are forcing a lot of people out of the energy and commodity markets, which were typically very stable. Capital has to go somewhere. Entire divisions of people are being laid off, they can't just move to another shop as the rules affect every firm, so they are looking at other asset classes."

Pejman, whose FCM360 offers managed services and technology in the derivatives sector, added, "The reason FX has blown up in size is that many countries, such as Singapore, Hong Kong, China and Japan, are making it easy to get into the market."

In a report titled, Choice, Consolidation, Customization: picking the winners in the race for FX Aggregation e-Forex explores the challenges facing sell-side firms in dealing with price aggregation and how a new generation of specialists are emerging to provide algorithms, tools and workflows based around the customer's individual preferences and trading policies.

FX aggregation services have gained a significant foothold globally and particularly in Asia where interest in FX aggregation is growing rapidly. "Over the last two to three years, we have seen a significant number of firms set up in the region," said Alex Knight, global head for Citi's FX margin trading business, which offers an aggregated liquidity management service, CitiFX TradeStream. Citi launched the service in November 2012 to serve mid-level institutions.

e-Forex Magazine is available in Flash at: 

For more information contact: 
Editor Charles Jago
 [email protected]
 +44 1736 74 11 44 or 
Dick Pirozzolo at: [email protected] or +1 617-959-4613.

SOURCE e-Forex Magazine

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
The best way to leverage your Cloud Expo presence as a sponsor and exhibitor is to plan your news announcements around our events. The press covering Cloud Expo and @ThingsExpo will have access to these releases and will amplify your news announcements. More than two dozen Cloud companies either set deals at our shows or have announced their mergers and acquisitions at Cloud Expo. Product announcements during our show provide your company with the most reach through our targeted audiences.
Virgil consists of an open-source encryption library, which implements Cryptographic Message Syntax (CMS) and Elliptic Curve Integrated Encryption Scheme (ECIES) (including RSA schema), a Key Management API, and a cloud-based Key Management Service (Virgil Keys). The Virgil Keys Service consists of a public key service and a private key escrow service. 

In his general session at 19th Cloud Expo, Manish Dixit, VP of Product and Engineering at Dice, will discuss how Dice leverages data insights and tools to help both tech professionals and recruiters better understand how skills relate to each other and which skills are in high demand using interactive visualizations and salary indicator tools to maximize earning potential. Manish Dixit is VP of Product and Engineering at Dice. As the leader of the Product, Engineering and Data Sciences team a...
SYS-CON Events announced today that eCube Systems, the leading provider of modern development tools and best practices for Continuous Integration on OpenVMS, will exhibit at SYS-CON's @DevOpsSummit at Cloud Expo New York, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. eCube Systems offers a family of middleware products and development tools that maximize return on technology investment by leveraging existing technical equity to meet evolving business needs. ...
Intelligent machines are here. Robots, self-driving cars, drones, bots and many IoT devices are becoming smarter with Machine Learning. In her session at @ThingsExpo, Sudha Jamthe, CEO of IoTDisruptions.com, will discuss the next wave of business disruption at the junction of IoT and AI, impacting many industries and set to change our lives, work and world as we know it.
@ThingsExpo has been named the Top 5 Most Influential Internet of Things Brand by Onalytica in the ‘The Internet of Things Landscape 2015: Top 100 Individuals and Brands.' Onalytica analyzed Twitter conversations around the #IoT debate to uncover the most influential brands and individuals driving the conversation. Onalytica captured data from 56,224 users. The PageRank based methodology they use to extract influencers on a particular topic (tweets mentioning #InternetofThings or #IoT in this ...
Join Impiger for their featured webinar: ‘Cloud Computing: A Roadmap to Modern Software Delivery’ on November 10, 2016, at 12:00 pm CST. Very few companies have not experienced some impact to their IT delivery due to the evolution of cloud computing. This webinar is not about deciding whether you should entertain moving some or all of your IT to the cloud, but rather, a detailed look under the hood to help IT professionals understand how cloud adoption has evolved and what trends will impact th...
More and more brands have jumped on the IoT bandwagon. We have an excess of wearables – activity trackers, smartwatches, smart glasses and sneakers, and more that track seemingly endless datapoints. However, most consumers have no idea what “IoT” means. Creating more wearables that track data shouldn't be the aim of brands; delivering meaningful, tangible relevance to their users should be. We're in a period in which the IoT pendulum is still swinging. Initially, it swung toward "smart for smar...
operations aren’t merging to become one discipline. Nor is operations simply going away. Rather, DevOps is leading software development and operations – together with other practices such as security – to collaborate and coexist with less overhead and conflict than in the past. In his session at @DevOpsSummit at 19th Cloud Expo, Gordon Haff, Red Hat Technology Evangelist, will discuss what modern operational practices look like in a world in which applications are more loosely coupled, are deve...
Web Real-Time Communication APIs have quickly revolutionized what browsers are capable of. In addition to video and audio streams, we can now bi-directionally send arbitrary data over WebRTC's PeerConnection Data Channels. With the advent of Progressive Web Apps and new hardware APIs such as WebBluetooh and WebUSB, we can finally enable users to stitch together the Internet of Things directly from their browsers while communicating privately and securely in a decentralized way.
All clouds are not equal. To succeed in a DevOps context, organizations should plan to develop/deploy apps across a choice of on-premise and public clouds simultaneously depending on the business needs. This is where the concept of the Lean Cloud comes in - resting on the idea that you often need to relocate your app modules over their life cycles for both innovation and operational efficiency in the cloud. In his session at @DevOpsSummit at19th Cloud Expo, Valentin (Val) Bercovici, CTO of So...
Enterprises have been using both Big Data and virtualization for years. Until recently, however, most enterprises have not combined the two. Big Data's demands for higher levels of performance, the ability to control quality-of-service (QoS), and the ability to adhere to SLAs have kept it on bare metal, apart from the modern data center cloud. With recent technology innovations, we've seen the advantages of bare metal erode to such a degree that the enhanced flexibility and reduced costs that cl...
In past @ThingsExpo presentations, Joseph di Paolantonio has explored how various Internet of Things (IoT) and data management and analytics (DMA) solution spaces will come together as sensor analytics ecosystems. This year, in his session at @ThingsExpo, Joseph di Paolantonio from DataArchon, will be adding the numerous Transportation areas, from autonomous vehicles to “Uber for containers.” While IoT data in any one area of Transportation will have a huge impact in that area, combining sensor...
With an estimated 50 billion devices connected to the Internet by 2020, several industries will begin to expand their capabilities for retaining end point data at the edge to better utilize the range of data types and sheer volume of M2M data generated by the Internet of Things. In his session at @ThingsExpo, Don DeLoach, CEO and President of Infobright, discussed the infrastructures businesses will need to implement to handle this explosion of data by providing specific use cases for filterin...
Security, data privacy, reliability, and regulatory compliance are critical factors when evaluating whether to move business applications from in-house, client-hosted environments to a cloud platform. Quality assurance plays a vital role in ensuring that the appropriate level of risk assessment, verification, and validation takes place to ensure business continuity during the migration to a new cloud platform.