Charting the continuing evolution of Retail eFX Platforms

5 major online FX trading providers discuss the issues.

First Published: e-Forex Magazine 21 / Forum / October, 2005

With Enis Mehmet, New York Manager for CMC Markets, Daniel Darst, Executive Director Sales Strategy & Marketing at Saxo Bank, Muhammad Al-Amin Rasoul, Executive Vice President & COO, at Global Forex Trading, Nicholas Bang, Executive Director & Partner at ACM-REFCO and Leo Nemirovsky, VP, Marketing at ActForex, Inc.The pace of eFX platform innovation has been dramatic over the last few years and consequently Retail FX clients can look forward to the benefits of their advanced features and functionality. Are customers driving this rapid pace or are providers trying to differentiate themselves by continually raising the technology bar?Mehmet: The development of eFX platforms can be attributed to both competition within the market place, as well as the increasing sophistication of retail clients. As the retail FX market continues to witness an influx of seasoned traders from equities and futures markets, retail FX providers such as CMC Market’s have developed their offerings so as to cater to varying needs...continued

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