Episode 10: What are the M&A activity trends in margin FX sector?
Release Date: 07/01/2021
Episode 17: Rise of The Micro Fund
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Episode 16: How to effectively fundraise for an FX fund?
Institutional FX Uncensored
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Episode 15: Where should you license your crypto fund or exchange?
Institutional FX Uncensored
Natallia Hunik and Praveen Kumar dive into the hot topic of evolving crypto regulations and what the firms should be doing to stay within the lanes as global crypto regulations are evolving.
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Episode 14: How to scale your hedge fund’s AUM beyond 100 million?
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Natallia Hunik discusses challenges of fundraising for a hedge fund with Laurence Yang, overachiever and successful hedge fund manager from Australia.
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Episode 13: Operating retail FX brokerage in Europe - the path to success
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Natallia Hunik discusses running an FX brokerages in Europe with Ricardo Evangelista, CEO of ActivTrades Europe. How do European brokers market to regions given regulatory restrictions, how do they navigate the ever changing regulatory landscape and how are European clients differ from the rest of the world. This and much more about running an FX brokerage in Europe in this episode with Ricardo.
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Episode 12: Why is it so hard to get payment solutions for FX brokers?
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Natallia Hunik discusses with James Cameron, Chief Risk Officer at iSignthis, independent card acquirer and e-money institution, publicly listed in the Australian and Frankfurt Stock Exchange (ASX: ISX | FRA: TA8) since 2015, the reasons behind the FX industry struggles with getting banking and payment channels. Besides, James discusses the rationale behind considering the FX business as an ultra high risk by banking institutions, and what can FX businesses do about it.
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Episode 11: Should you trust FX media and review sites?
Institutional FX Uncensored
Natallia Hunik discusses all things FX and financial media with Andrew Saks. We talk about journalistic standards in the industry, discuss the goods and bads of the current coverage and uncover opportunities.
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Episode 10: What are the M&A activity trends in margin FX sector?
Institutional FX Uncensored
Natallia Hunik discusses M&A activity trends in the margin FX sector with Demetris Tsingis, founder of Fincap
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Episode 9: How to monetize your trading experience with Dave Floyd
Institutional FX Uncensored
Dave Floyd, successful trader and fund manager, shares his life journey as a trader and how he was able to build a successful business. We will talk about treating FX as an asset class, copy trading, investment opportunities in the space and his views on FX trading platforms.
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Episode 8: Optimizing execution and scaling hedge fund-Part 2
Institutional FX Uncensored
One of the toughest challenges for any hedge fund to overcome is figuring out how to scale the strategy. Jim Simons' fund Renaissance Technologies, started in the commodities and futures markets, but could not scale its strategies in those markets past $1 billion AUM. FX is a very fragmented market and the challenge of scaling a strategy is even more relevant as your AUM grows.
info_outlineEpisode description:
Natallia Hunik discusses M&A activity trends in the margin FX sector with Demetris Tsingis, founder of Fincap
Advisors, regulated boutique Financial Advisory firm with offices in Nicosia and London specializing in authorization and post-authorization services to regulated entities.
Natallia and Demetris cover the recent sale of Finalto by Playtech, discuss what multiples can one expect when
exiting the FX business and if it's a good time to sell your brokerage.
Guest:
Demetris Tsingis
https://www.linkedin.com/in/demetris-a-tsingis-4b559a/
Highlights for discussion:
1.Share with the audience your background and your success story.
Prior to starting your own firm, you worked for a marquee consulting firm in Cyprus K.Treppides & Co.
What prompted you to start your own advisory shop?
2. Let's talk about specific recent mergers and acquisitions. Finalto sale by Playtech
Headline: Playtech confirms $210m sale of its Finalto financial trading division. The cash offer from the consortium is up to $210m, comprising an initial $185m, of which US$15m is deferred for up to two years from completion. A further $25m is contingent on certain cash flow or other criteria being met by the business carried on by the Finalto group. Formerly known as TradeTech, the division secured revenue of €121.9m for 2020, representing growth of 80 per cent, and adjusted EBITDA of €56.4m, up 623 per cent.
https://data.fca.org.uk/artefacts/NSM/data-migration/LSE20150402070013_012304001.html
https://data.fca.org.uk/artefacts/NSM/data-migration/LSE20170823070004_13338670.html
3. We are well aware that most of the deals that happen in the industry never see a public eye because companies are
private. Sometime ago, I did research based on publicly available information and calculated multiples for different
industry sub verticals. Do you think they still hold true? Has anything change?
4. Let's talk about Cyprus as a destination for FX brokers. Few years ago, we have seen many exit Cyprus due to
tightening regulations and ESMA rules. What are the trends? Do you see an uptick in interest given Brexit and loss
of passporting rights for the UK brokers