If your brokerage offers contract-for-difference (CFD) trading, then you will need to issue debits and credits for dividend payouts. As the CFD market has become more popular, we’ve seen many brokers try to pay and charge dividends in the same way that they pay and charge swaps. But it’s important to have a special tool to handle dividends and not bundle them up with other costs such as swaps, because swaps and dividends aren’t the same. If you treat them the same way, you can experience several problems. Instead, you… read more →
CurrentDesk recently spoke to brokers at an online industry event where brokerage marketing executives suggested one of their key focus areas right now to drive ROI from their CRM is personalization of content. It’s no surprise, then, that they frequently mentioned how important their Forex CRM was for segmenting their databases around criteria and information central to upcoming campaigns. A functional Forex CRM can segment traders into audiences based on everything from their Geo-locations to the instruments that they are trading, to parameters like lead source, trading activity, document status and… read more →