Polish brokers struggle with new regulations

Under the new rules, brokers will need to have a certain amount of equity, depending on the number of FX products they wish to broker. If you want to trade spot, forwards and options, this would require a firm to have around $1 million in equity, said Mieszko Zakiewicz, a broker at Treasury Management Services in Warsaw. "This is a lot in the Polish market."

Additionally, all individual brokers will have to become registered -- another major obstacle that firms are unlikely to be able to comp

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Week account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: