Comments on: China May Spur ‘Quantum Leap’ in Retail FX Market, Cognotec Says http://www.a-teamgroup.com/article/china-may-spur-quantum-leap-in-retail-fx-market-cognotec-says/ Business Intelligence for Financial Markets IT Thu, 04 Dec 2008 07:03:13 +0000 http://wordpress.org/?v=2.6 By: cosmo888@gmail.com http://www.a-teamgroup.com/article/china-may-spur-quantum-leap-in-retail-fx-market-cognotec-says/#comment-28 cosmo888@gmail.com Thu, 20 Dec 2007 20:09:15 +0000 http://www.a-teamgroup.com/article/china-may-spur-quantum-leap-in-retail-fx-market-cognotec-says/#comment-28 Is it true "Independent retail FX platforms have established a credible, competitive market " , I doubt? However , at least in global Chinese reading market( great China plus Chinese reading communities around world ) , I don't think the customers are happy with any retail FX houses, nor think the retail FX market is a credible market up to now . NFA/CFTC's actions in 2007, is one of the good proof of the situation. So my understanding is that a REAL transparent, fair and efficient service is always in need and the latency issue is key as Chinese retail clients are maturer than before. Cosmo Zhu Managing Director Cosmo Z Managing Director OANDA Asia Pacific Http://www.OANDA.com T: +65.6559 6121 M:+65.9116 6908 E: cosmo@oanda.com, cosmo.zhu@gmail.com Is it true “Independent retail FX platforms have established a credible, competitive market ” , I doubt?
However , at least in global Chinese reading market( great China plus Chinese reading communities around world ) , I don’t think the customers are happy with any retail FX houses, nor think the retail FX market is a credible market up to now . NFA/CFTC’s actions in 2007, is one of the good proof of the situation.
So my understanding is that a REAL transparent, fair and efficient service is always in need and the latency issue is key as Chinese retail clients are maturer than before.

Cosmo Zhu
Managing Director

Cosmo Z
Managing Director
OANDA Asia Pacific
Http://www.OANDA.com
T: +65.6559 6121
M:+65.9116 6908
E: cosmo@oanda.com, cosmo.zhu@gmail.com

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