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SPONSORED STATEMENT<br />
RETAIL e-FX PROVIDER<br />
360° Consulting:<br />
A leader in business development<br />
services for the Retail FX sector<br />
116 | january 2010 e-FOREX<br />
Costas Constantinides<br />
360° Consulting is a consultancy based in<br />
Limassol, Cyprus (EU), which provides a<br />
variety of consulting services to the Retail<br />
<strong>Forex</strong> / CFD /Commodity investment<br />
services sector. Costas Constantinides,<br />
Director and Chief Consultant of the firm,<br />
highlights some of the key areas where the<br />
consultancy is assisting Retail FX market<br />
participants to develop their establishments<br />
and improve their business practices.<br />
Costas, 360 degrees offers a powerful message.<br />
What is the underlying concept and history that led<br />
to the launch of this consultancy?<br />
The concept stands for servicing our clients with<br />
excellence in all specialized aspects of forex business<br />
where value is sought: Simply, 360 degrees of care<br />
and reach.<br />
The experience stemming from our team’s<br />
professional roles in the sector, led us to realize that<br />
most developing <strong>Forex</strong>/CFD firms & funds around<br />
the world had limited choice in where to seek<br />
regulatory and operational advice relevant to the<br />
nature of their business. Consequently, in a<br />
considerable number of cases, this led to<br />
inconvenience due to delays, inflated and<br />
inconsistent consulting costs, and inadequate results.<br />
360 o Consulting joined together all of the relevant<br />
expertise of each member of our team, dating back<br />
to the development of some leading <strong>Forex</strong> firms in<br />
2005. This included their global license and<br />
operational projects expertise. As a result a unique<br />
and specialized consultancy came about to offer very<br />
needed services to the forex sector. We are proud<br />
that our efforts in the forex sector have left<br />
significant achievements and have helped Cyprus to<br />
be<strong>com</strong>e an attractive forex business hub.<br />
From your experience, what type of forex broker<br />
regulation is of particular interest to the market?<br />
Regulatory and establishment issues focusing on<br />
capital requirements, operating frameworks,<br />
credibility and taxation are of particular interest to<br />
forex brokers. Since beginning of 2008, there has<br />
been strong interest in forex broker establishments<br />
in Cyprus with a CySEC (Cyprus Securities &<br />
Exchange Commission) license, alongside limited<br />
interest in other international licenses.<br />
What services does 360 o Consulting offer that a<br />
forex business can benefit from?
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