How To Compete In The Current Job Market

If you were to believe everything that you read, you could be forgiven for thinking that the UK is in the midst of a significant economic recovery. While Britain may well be benefitting from improving business sentiment and job market, rising consumer confidence and a diminishing rate of unemployment. However, there are negative undertones that continue to restrict the potential for long-term growth. So even as international trade and foreign exchange activity continues to boom, not everything is rosy in the British economic garden. The same principle applies to the national unemployment rate, which fell to a respectable 7.2% during March. Alongside a rise in the national earnings average, this has triggered widespread optimism among job-seekers and those who are … Read more

The New Retirementality by Mitch Anthony – Your Retirement Is All Wrong!

Is our idea of retirement outdated? Is it absurd to have an arbitrary age, a mark on the wall, for retirement? Mitch Anthony makes the case that the retirement of our parents isn’t, and shouldn’t, be our ideal of retirement in the latest edition of his book, “The New Retirementality: Planning Your Life and Living Your Dreams…at Any Age You Want”. Age is just a number. Do you love what you do for a living? Why end your career simply because you hit 62 or 67 years-old? Why not keep working if you love it? Why not test out mini-retirements along the way? Are we doing it all wrong? Is our thinking about retirement all wrong? I recently talked to … Read more

Why A Point of Sale System Streamlines Retail Businesses

Small businesses have a host of problems facing them now that weren’t even remote considerations 15 years ago. The foremost problem that small businesses face is how to balance online marketing with retail outlets. What products do you want to sell online? What products do you want to combine with both your physical and digital location? These questions are just the tip of what a small business owner thinks about. Sales can become a compounded problem when you only have one true inventory. You don’t want to risk selling out of an item and leaving customers waiting. You also do not want items to sit on your shelves. Finding a robust point of sale system can solve many of these evolving … Read more

ECN Brokers: Who, What and Why?

World economyThe world of forex is dominated by jargon. With everything from currencies to broker formats having their own acronym, trying to navigate the forex world can be a bit of a minefield. Here, however, we’ve broken down one of the key acronyms: ECN.

There’s always a huge debate about who’s the best broker to use and why some types of broker are better than others. Many people swear by using ECN brokers, but why? Here, we try to find out:

What is an ECN?

Foreign exchange brokers come in a variety of shapes, sizes and forms. Due to the fact that the foreign exchange market is unregulated, there’s no set format for brokers, and many deviate from the norm.

ECN brokers are a great example of this. Instead of being a standard broker, they are an automated system that buys and sells orders, connecting major brokerages and individuals who can trade without the need for a middleman.

How do ECNs Work?

Instead of earning money from the spread, ECN brokers will make money by charging a small fee for every transaction they broker. In taking out the middleman, ECNs make it possible for investors from all over the world, in a variety of locations, to trade with relative ease and speed. To monitor the market, each ECN broker must register as a broker-dealer with the Securities and Exchange Commission.

What’s Good About ECNs?

An ECN will show you the very best bid and ask quotes available, scouring the market and multiple participants automatically and instantly matching and executing orders on your behalf. As well as being used at major exchanges during market hours, they are also widely used out of hours on the forex market by those with an online trading account.

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