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Forex Brokers In Shambles As New Rules Draw Close

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The new regulations established by the European Securities and Markets Authority (ESMA) are drawing closer and brokers are fidgeting. The implementation date of these rules that touch on a vast section of the forex market is set for August 1. There are many new changes that are expected to come with these new rules, among them, the reduction of the margins of major currency pairs. As of now, currencies get up to 200:1 ratios but the expected rules establish the maximum ratio to be 30:1. As expected, the volumes of trade and revenues will be highly affected by the rules. Other changes that will be heralded by the regulations include the banning of negative account balances that caused havoc in 2015.

Owing to the expected changes, a lot of brokers are set to either move to new operating bases outside Europe or completely leave the business before the regulations take effect. The market is definitely set for a turbulence as these adjustments pan out. If the brokers shift their bases though, their fate is unlikely to change as regulations will still follow in whatever country they might go. At the end of the day, the clients will have the final say as to whether to do business with the brokers or not.

Most of the smaller brokers have the option of merging their businesses with established brokers in the market. Failure to do this would render their business untenable due to high operating costs. It is expected that the new changes will raise the operating costs for brokers while the revenues will take a downward turn. Some of the major brokerage companies have already started giving out details of how much the new rules will affect the market. Some big firms like Dukascopy have already either expanded to other markets or planned to do so.

The forex market is usually tough for most traders and the high levels of leverage come with both benefits and disadvantages. Most traders today can share experiences during a forex seminar as there are many of those every year.

CME records high volumes in the month of May

CME Group Inc. came out with positive news that seems to be a reflection of the crisis in Italy and the abrupt market movements. CME reported a year on year growth of 34% by the month of May, which was higher than the previous year. In addition, EUR/USD recorded a breakout from a slump that lasted for three months. The over 1.1 million daily contracts recorded were responsible for this development.

Questrade receives accolades in Canada

In the Canadian market, long-standing firm Questrade was touted as one of the best in the market from the annual ranking of Canadian brokers. The firm came out on top of the Initial Impressions category and also came out as a strong contender in the overall market category. Other areas of the firm that were ranked as impressive include; customer service, mobile accessibility, and fees and commissions. The company has had a number of innovative solutions which include free ETF’s, a remarkable chat service and one-cent trades. MoneySense, in partnership with Surviscor Inc., carried out the research and ranking.

LCG woes persist as more staff leave

The London Capital Group has been facing several challenges in recent times. A considerable number of employees have left the firm and the latest person on the list is the CEO Charles-Henri Sabet. The many challenges that the firm has faced have not waned despite it raising huge amounts of capital in recent years. Two years ago, over one-third of the employees left the company and the departure by the CEO is simply a clear sign of failure by the firm to compete with its rivals. Some firms, including GAIN and Cantor Fitzgerald, had earlier made moves towards acquiring the troubled firm. Those moves, however, did not materialize after both firms review LCG’s financials.

XTB gets new Compliance Officer

XTB U.K. has a new Compliance Officer. Suraj Patel, the new head in the department, comes at a time when the new rules in the financial market are set to take place. This has indicated the firm’s devotion to comply with the expected regulations. Suraj Patel will be responsible for the firm’s cooperation with the Financial Conduct Authority (FCA). XTB U.K. has recently received some favorable ranking according to online broker reviews.

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Student @ Advanced Digital Sciences Center, Singapore. Travelled to 30+ countries, passion for basketball.

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How to make money online with guest blogging

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If you are one of those that want to find ways to make extra income online and also have a blog then this article could be for you. We will talk about guest blogging and how it could potentially be a source of income for yourself.

What is guest blogging?

We must start by saying that guest blogging is a very useful tool for that is trending at the present time, a tool who can enhance one’s reputation. We must look at the issue from two different perspectives:

Firstly, you might be at the beginning with blogging, you have a small audience and would like to expand and reach a higher number of people. In this situation, guest blogging would be useful, since you go and search for other websites that allow guest posting. By publishing one or several guest posts on other websites, you might grow in popularity and eventually grow your audience.                 

–        Secondly, you might be someone who had already built a blog that is successful and you could allow other people who want to grow their pages by letting them post materials on your website.  

How can you generate income?

In the first situation, we assume that you are wanting to build a blog in such a way that you will be able to advertise products or services, while also providing valuable information for your audience. If that’s the case, guest blogging (or posting some original materials on other blogs) will help you increase the traffic on your page and it could eventually lead to some of the people buying the products or services that you are advertising.        

In the second scenario, by letting other aspiring bloggers post content on your blog, you will generate income by charging them a fee for each material they have posted. Also, you won’t have to dedicate so much time in writing articles.          

As you can see, there’s marketing involved, if you want to generate income with guest blogging. Platforms like Clicksdealer.com, affiliate marketing companies like ClickBank, and many others are active companies in the online marketing field, and you could use some of them in order to generate income online.  

This is not a get-rich-quick scheme or something like that, and it should be treated like a business that takes study, time, work, and perseverance in order to succeed at. If you think it is something that relates to you, you should begin to study in depth the field and most importantly – take action.      

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Enjoy a VIP Night in World’s Best Cities

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VIP night in London Barcelone MArbella ibiza

Go partying can become a routine if you don’t attend to special and outstanding clubs in world’s best cities recognized for their nightlife. So now we are going to talk about the best clubs where you can book and enjoy VIP areas and tables to avoid the crowds on the dance floors but, at the same time, be able to enjoy the music of the best DJs, the company of your friends and the exclusive drink service without waiting at the bar. Let’s take a look at the best cities to going out and their best nightclubs.

London

The United Kingdom’s capital has a large selection of the best and most exclusive and luxury nightclubs in the world. We are talking about Cirque Le Soir, Tape, Drama, The Box, Libertine, Cuckoo, Toy Room, Scandal, Reign, Charlie, Maddox and Mahiki Kensington. In addition, there is the possibility to book London Vip Tables in these clubs and enjoy the best night of your lives. Prices are around £1000 for 10 guests, and the service includes VIP access, bottle spend included in the minimum, designated hostess service for the duration of the party and a personal concierge, so we encourage you to treat yourselves one night.

Barcelona

What can we say about Barcelona? Without any doubt, one of the best cities in the world, if not the best, to go out at night and people are very cheerful. There are hundreds of clubs, but if we have made an exclusive selection, we choose Opium, Bling Bling, Pacha, Eclipse Hotel W, Otto Zutz, Catwalk, Shoko, CDLC, Café del Mar and Hyde. Of course, all of them have a Barcelona Vip Tables booking service where you can enjoy a special area for you and your friends and make that night something unique. Prices range between €250 and €1200 for 5 guests, depending on whether the table is (first, second or third row). The service include fast track entry, bar spend as per minimum spend included, designated hostess service and a personal concierge, so, it’s worth it!

Marbella

Marbella! The jewel of La Costa del Sol, near Malaga, one of the most beautiful areas in southern Spain. We can only imagine a fantastic night strolling through its beaches, marinas and, of course, dancing in its most exclusive nightclubs where the jet set meets every season of the year, not only in summer. If you are looking for the best clubs in Marbella, here you have them: Olivia Varele, Starlite, Aqwa Mist, Tibu, Mirage, News Cafe, Funky Buddha, Nikki Beach, Opium Beach, Nao, Plaza Beach and Sisu. The Marbella Vip Tables cost about €850 and €2500 for 10 guests depending on the club you choose and the services included, which can vary a lot. This is real luxury!

Ibiza

We leave the jackpot to the end: Ibiza! No matter which club you choose: Pacha, Ushuaïa, Amnesia, Hï Ibiza, Privilege, Ocean Beach, Es Paradis, Lío Ibiza, Destino Ibiza or Blue Marlin. You can book Ibiza Vip Tables from € 250 per person and you will live an unforgettable night in the best party island in the Mediterranean.

Have we convinced you to spend a VIP night in London, Barcelona, Marbella or Ibiza? Think of your birthday party, a bachelor or bachelorette party or a special anniversary and we are sure that the answer will be an emphatic YES!

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ISO 9001, the QUALITY MANAGEMENT SYSTEM that will boost your company’s benefits

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Many organizations establish their Quality Management System (QMS) based on the requirements of ISO 9001: 2015. The benefits and advantages of implementing ISO 9001 extend to several areas of the business. Of course, visibility and expansion in the market are among the most mentioned. In this article, we look at why ISO 9001 can be a big boost to any business and best way to ensure continual improvement.

What is ISO 9001?

iso 9001

ISO 9001 is a system that is designed to make business owners and managers feel more in control of their businesses through a series of efficient systems and processes. It is a way to align the objectives of the company and the ideas of the employees in favour of the organization. By implementing the standard, the organization shows the employee that they should think about the future, that the market is changing and that suggestions are always required that lead to improvement.

ISO 9001 is systematic and process driven approach to managing your businesses’ day to day activities.  It is designed to support your business in ensuring that you meet the needs of your customers, whilst delivering a consistent level of quality and satisfaction. The areas that are covered within ISO 9001 include customer satisfaction, training records for staff, preferred supplier lists, contract reviews, quality objectives, management Review meetings, evidence of Monitoring and Measuring and non-conformance register.

Who is ISO 9001 for?

ISO 9001 is a certification that can be achieved by any business, of any size, in any sector.  Traditionally ISO 9001 has been seen as a quality management standard for the manufacturing sector.  However, ISO Quality Services Limited have helped implement ISO 9001 into many other sectors including:

  •     Business services sector, including accountants, solicitors and business consultancies;
  •     Waste and cleaning companies;
  •     IT and creative businesses;
  •     Charities and care homes;
  •     Construction companies;
  •     Automotive and transport companies; and
  •     The hospitality and retail sector.

If you run a business in any of these fields and improvement is high on your agenda for 2018, but you are not sure how to get started, there are consulting companies which offer trainings on the topic such as the Mexican firm SPC Consulting Group.

What are ISO 9001 benefits?

Thanks to the improvement in quality management, the ISO 9001 certification, brings a new image to the market. This shows that the organization cares about the way it is seen by its clients. The certification shows them that quality is what your business aims to, that the company wants to keep improving and that you are open to new opportunities and partnerships.

Of course, the main players in the markets are more receptive to the business that have the certification –in certain industries, it may even prevent those who do not have it from even participating, indeed.

Long and short term benefits

In the short term, obtaining ISO 9001 certification provides improvements in internal business processes by reducing rework and waste and increasing the quality of products. The savings generated can be invested in the development of new products, staff training, structural reforms of the facilities, etc.

In the long term, it is common to check the increase in income of the organization, as customers become loyal and satisfied, which leads to the arrival of new business partners. This is one of the main benefits and advantages of implementing ISO 9001. The organization stops focusing its attention on the product and orientates it towards the client. Therefore, the first step is to know in depth what motivates them, what are their values, their expectations, their lifestyle, their behaviour, their opinions, and so on. With this information, we can understand our customer as a whole and seek their satisfaction, and how to create value for them.

General benefits

In addition to all of that, there are a number of benefits that the ISO 9001 QMS standard has on offer to an organisation.  First of all, ISO 9001 means and improvement in an organisations business performance with better cost management, which results in a rise in productivity a revenue –as a result of Integration and alignment of an organisations internal processes. A reduction in costs and shorter cycle times through an effective use of available resources will enhance customer satisfaction and loyalty, meaning an increased possibility of repeat business, and it will also provide a confidence to possible interested parties/customers as to the effectiveness, consistency and efficiency of the organisation. And all of this will lead to an improvement in an organisations planning, communications & administration processes; an increase in an organisations credibility & competitiveness within its market; and finally, an Increase in revenue & market share on the back of fast responses to market opportunities.

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