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Ed Ponsi: Forex Cannot Be Ignored

Ed Ponsi and Joseph Trevisani  spoke on Forex TV about the successful FXCM IPO. Ponsi says that FXCM moved to the agency model  rather than the principal (market maker) model, and that more forex brokers will go this way. In the interview with Julie Sinha, Ponsi also states that this IPO will bring more attention to forex which is already everywhere. Forex is interconnected with stocks, commodities, everything – it cannot be avoided. Everything is interconnected. Enjoy!

Will FXCM be the Goldman Sachs of the forex industry? Ponsi goes on to talk about Trichet’s moves, Non-Farm Payrolls and trading patterns in December, which usually sees higher equity prices.

Joseph Trevisani  also gives his take on the FXCM IPO. He sees the forex industry becoming more legitimate and that it will receive recognition to the importance of this industry.

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Yohay Elam

Yohay Elam

Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts.