Empowering the Traders in the Forex Industry Ahmad K hatib
7
Empowering the Traders in the Forex Industry Ahmad Khatib
description
Empowering the Traders in the Forex Industry Ahmad K hatib. Daily FX volume $ 4 trillion – NYSE daily $60 B – all equity markets less that $ 1 trillion. Retail FX around 2%. Online FX estimated between $ 150-200 B. 20 times the size 10 years ago. Non forex CFDs 8-10%. - PowerPoint PPT Presentation
Transcript of Empowering the Traders in the Forex Industry Ahmad K hatib
Empowering the Traders in the Forex IndustryAhmad Khatib
Size of the Market
Daily FX volume $ 4 trillion – NYSE daily $60 B – all equity markets less that $ 1 trillion.
Retail FX around 2%.
Online FX estimated between $ 150-200 B.
20 times the size 10 years ago.
Non forex CFDs 8-10%
amanacapital.com 02
Online Trading Market
Mostly private companies
Market makers, White Label, brokers
Regulated, semi regulated, non-regulated
Banks are joining
amanacapital.com 03
Challenges
Lack of transparency – not enough information on companies
Regulatory issues – absent /too strict
Similar products – user experience
amanacapital.com 04
User Experience
Transparency – pricing and execution
Customer service – time, language
Trading tools – systems, information, mobile trading
Variety of products – forex, commodities, other
amanacapital.com 05
Growth Factors
Internet access everywhere
Ability to offer more services online
Market volatility
Impact of social media
World is getting smaller
Customer experience is the key
amanacapital.com 06
What is needed in our Region?
Mergers and acquisitions
Joint efforts to address challenges with regulators and authorities
Customized educational tools
Developing specialized skills
Regional products
amanacapital.com 07
