FX Concepts pays price for not adapting strategy

Concept image of the Spanish ball and chain on the euro

The bankruptcy of International Foreign Exchange Concepts, the holding company of the FX Concepts currency management business, has created shockwaves in the industry as participants question whether this is an isolated incident or the start of a broader industry trend.

According to officials both inside and beyond FX Concepts, the firm ran aground as a result of its failure to adapt its systematic trading strategies to a new reality in the FX market that has evolved as a result of low interest

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Markets 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: