Oanda

Further consolidation looms in retail FX

Retail FX continues to grow at a faster pace than the broader market, but brokers face the tough challenge of dealing with strict regulations and remaining competitive in an environment of aggressive consolidation. Miriam Siers reports

Trading Places, May 10, 2013

Citi hires in options sales, Morgan Stanley's Marfat joins BNP Paribas, while Oanda appoints a new chief executive in Asia-Pacific

Saxo Bank cuts 266 jobs

Danish bank becomes latest victim of tighter regulatory controls on margin and contracts-for-difference trading

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