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FXCM: We’re Gearing Up for Some Major Growth in China
A couple of days ago FXCM released its December 2012 metrics and even though it remains one of the biggest brokers worldwide, we spotted slight declines in numbers. However, FXCM seems to have a plan to boost up its operation, and that plan is China. In terms of forex trading, China is an undeveloped market, terra incognita of a sort. There are a number of legislative restrictions that make it very hard for a foreign broker to penetrate the Chinese market, therefore making China a very peculiar place for running a brokerage house. The obstacles are various: for starters, the Chinese Renminbi, is not yet fully ... (full story)
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"The market can remain irrational longer than you can remain solvent"
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"The meek shall inherit the earth.." Yeah right, good luck with that shit..
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"The market can remain irrational longer than you can remain solvent"
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"The meek shall inherit the earth.." Yeah right, good luck with that shit..