Winners of the 2019 World Finance Forex Awards unveiled

LONDON, April 01, 2019 (GLOBE NEWSWIRE) -- The alarm has been raised on the global economy. Numerous central bankers have warned that growth is slowing around the world due to global trade tensions and rising debt levels in emerging markets.

After years of intense volatility, this slowdown will bring new challenges to the global forex market. For companies that are ahead of the curve, however, the situation will also bring opportunities. With equities expected to decline, investors may begin moving from traditional markets to alternative investment products, such as forex.

Under the new conditions, forex firms will have to recalculate their strategies to find new pockets of profit. The 2019 World Finance Forex Awards shine a light on the companies that are poised to succeed.

Changing market conditions are coming right on the heels of the introduction of new regulations in 2018: the Markets in Financial Instruments Directive II (MiFID II). But the rules – possibly the biggest regulatory adjustment in a decade – have actually done little to improve transparency in the market. Indeed, according to a recent survey by Crédit Agricole, a whopping 88 percent of respondents had experienced “no visible benefits to date”.  

Going forward, the biggest transformations in the forex market are likely to come from economic tensions that are set to be resolved over 2019, including any trade agreement between the US and China and the UK’s departure from the EU.

As these events, together with the anticipated global economic slowdown, bring a new raft of challenges for the forex industry, the World Finance 2019 Forex Awards celebrate the companies best placed to forge ahead.

To find out which institutions have been named, pick up the latest issue of World Finance, available online, on mobile and in print now.

World News Media is a leading publisher of quality financial and business magazines, which enjoys a global distribution network that includes subscriber lists of prominent decision-makers around the world.

World News Media
Elizabeth Matsangou
Editorial Department
+44 (0)20 7553 4162