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Financial Institutions agree on post Brexit measures for the derivatives market

The FCA (Financial Conduct Authority), BoE (Bank of England) and the CFTC ( Commodity Futures Trading Commission) have come to an agreement that no matter the outcome of Brexit, the derivatives markets between the United Kingdom and the United States will remain intact and will not face any regulatory uncertainties under any circumstances.

Because of the massive debate on how the UK is going to leave the EU, most countries have been trying to figure out the market relationships between them and the UK. However, it seems that the United States are the only ones that came to a conclusive decision, and the decision is quite simple. Nothing is going to change. All US-based trading venues, Central Counter Parties (CCPs) and companies will be able to continue their operations on the UK Island without any interference.

The main topic of discussion

The most discussed matter about the whole ordeal was, whether or not the UK will be content with the CFTC’s regulatory framework, now that they will no longer be under the jurisdiction of the European Commission’s regulation. The sole reason why the CFTC was able to operate in the region unhindered, was the direct correlation between themselves and the European Commission. It was deemed that both regulators had the same frameworks. After the announcement of Brexit, it was imperative to determine whether or not the UK would retain the European Commission’s regulatory traits, and it seems that they will indeed.

Andrew Bailey The Chief Executive of the FCA commented on the agreement, saying that cooperation with international partners has always been and always will be in the interests of the FCA. The CFTC and UK’s regulator have a long history of combining efforts to regulate the trading process. Bailey also added that the cooperation brings nothing but benefit to both of the regulators as it becomes easier to share knowledge and keep a consistent regulatory framework.

Exchange of Information

Speaking of learning from each other. Both sides have recognized the importance of clear and fast communication, because of which an update to the Memorandum of Understanding (MoU) will be held. With this update, the FCA will formally recognize all of the CCPs operating under the CFTC regulatory framework.

Mark Carney, the Governor of the Bank of England, highlighted the fact that both the UK and the USA, as owners of the largest and most diverse derivatives markets, are responsible to keep it intact and free-flowing. Therefore this agreement was paramount in order to keep previous agreements still operational. Namely the accommodation of US regulated firms on the EU territory.

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Why should you invest in Playtech now?

PlaytechPlaytech is one of the biggest developers of online gambling software and land-based gambling industries in the world. The company was founded in 1999 in Estonia and over the years gained an amazing reputation and fame. In the last few years, the company has reported nothing but growth, which resulted in the higher prices of their stock shares. With Playtech’s forecast on one side and more expensive shares on the other, is it safe to invest your time and money in it? Continue Reading →

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Largest football sponsorship deals by FX brokers

For those reading this from the US, you might need some clarification – this is about soccer. Football is the most popular sport around the world, with every country having some form of football league through which local teams compete. However, there are some very prolific football leagues, teams and even players who exemplify the sport and make it the spectacle it is.

As any marketer knows, you get to people’s hearts by hitting at what they love. Since the people love football, it is understandable why forex brokers would want to associate themselves with the sport. In such deals, the FX brokers get the right to use the football team or player’s images to promote their content, while the other party gets a new sponsor. These relationships have given us some very significant sponsorship deals of late, some worth noting more than others.

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Will traders switch to casinos because of bonus cuts?

casino bonusesThis is a question some traders will be asking themselves in light of the upcoming changes in financial regulations in the Forex and binary options markets. Under the new regulations, bonuses previously offered by the brokers will no longer be allowed, leaving traders to work with whatever they have. To begin with, let’s admit we love free things, and some of the bonuses offered by brokers were pretty tempting. Continue Reading →

Continue Reading Trade UK becomes the Best FCA Broker 2017

zcom-trade-best-fx-brokerAt Forex Bonus Lab we are always looking to reward the brokers for excellence. And this year we would like to announce a result that is, somehow, surprising for some of the FX traders. We are happy to announce that is awarded a title of the “Best FCA Broker 2017”. For many of the traders, the brand operated by Trade UK Limited is not as well know. However, this company is actually the largest Forex broker in the world in terms of the trading volume turnover. Yet this is not what makes this broker special.

The award of the “Best FCA Broker 2017” is given to Trade UK Limited for a number of reasons.

Firstly, the broker offers excellent trading conditions when it comes to the trade executions and the spreads. At first, the broker’s spreads may not be seen as tight, but considering the fact that there is no commission charged, the trading fees are actually very appealing. On top of that, this is one of the few brokers that does not profit from its client losses.

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Will BoE Cut Interest Rates- How Forex Is Affected

BoE cut of the interest rateThe Monetary Policy Committee of the England’s Bank held its very first meeting after the historical August’s rate cut. In the meeting, the status quo was maintained, and the key policy rates were unaffected at their usual rate of 0.25%.The asset purchase program of the government bonds worth GBP 60 billion that was started by the Central Bank also continued. The overall purchases can now be summed up to around GBP 435 billion. Additionally, the bank voted to continue with its initial corporate bonds purchases up to GBP 10 billion. How has this affected the forex markets? Continue Reading →

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What are the best tools for Forex and CFD trading?

A guest contribution by Jens Chrzanowski, Admiral Markets UK


Jens Chrzanowski, Berlin, Germany – Admiral Markets UK

Admiral Markets UK just won the Best MetaTrader 4 broker award in the UK Forex Awards 2015. But you may be asking why?

After all, the MT4 trading tool is a common MetaQuotes solution that’s usually available free-of-charge through most FX traders. And in fact, MT4 is still the most globally popular platform for Forex and CFD trading. So if most financial trading companies offer it and most traders already use or know about it – what makes Admiral Markets worth an award?

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SIRIX is the best social trading platform!


Nicc Lewis, VP Marketing at Leverate

Recently Forex Bonus Lab has been surveying our readers in order to find out the most advanced social trading place out here and today we are happy to announce that SIRIX has turned out to be a winner.

Leaving such platforms as eToro, ZuluTrade and others behind, SIRIX has been awarded due to its ease of access, wide scope of features and intuitive design.

On this occasion we decided to find out more about the people behind the best social trading platform 2015 and interviewed Nicc Lewis, VP Marketing at Leverate, the company behind SIRIX.

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