FXCM wins three top accolades at Global Forex Awards 2021

LONDON and SYDNEY, Australia and JOHANNESBURG, South Africa, Sept. 24, 2021 (GLOBE NEWSWIRE) — FXCM Group, LLC ("FXCM Group' or "FXCM'), a leading international provider of online foreign exchange trading, CFD trading, cryptocurrencies and related services has won three awards at the 2021 Global Forex Awards.

FXCM was named Most Transparent Forex Broker in Europe, Best Forex Trading Platform in Europe and Best Forex Mobile Trading Platform / App provider globally.

The Global Forex Awards recognise and champion the best performing providers of liquidity, CRM, execution, platforms and performance, as well as other crucial elements of the forex trading ecosystem. The win comes as FXCM focuses on its ambitious "Client First' initiative to expand its product offering and boost its client service as part of a brand refresh.

A key part of "Client First' is a strong commitment to client service. FXCM demonstrated this commitment so far in 2021, reporting that its average live–chat pick–up time was five seconds, while 100% of calls were answered in 45 seconds and emails were replied to within a day1.

Brendan Callan, CEO of FXCM, said: "The challenges facing the retail FX industry over the past year or so have been like no other. The Global Forex Awards has a track record in identifying the brokers and trading providers that consistently offer a service that goes above and beyond the norm, and it is an honour to win these awards.

"Over the past year, we have invested in new technology, expanded our product suite and functionality and improved our pricing structures "" all while improving the service and experience our customers receive and maintaining high levels of transparency.

"These accolades reflect the dedication and commitment of our global team. I want to thank my colleagues for the role that they play in ensuring FXCM remains the premier retail FX broker of choice."

1 Jan "" May 2021 FXCM Service data

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About FXCM:

FXCM is a leading provider of online foreign exchange (FX) trading, CFD trading, and related services. Founded in 1999, the company's mission is to provide global traders with access to the world's largest and most liquid market by offering innovative trading tools, hiring excellent trading educators, meeting strict financial standards and striving for the best online trading experience in the market. Clients have the advantage of mobile trading, one–click order execution and trading from real–time charts. In addition, FXCM offers educational courses on FX trading and provides trading tools, proprietary data and premium resources. FXCM Pro provides retail brokers, small hedge funds and emerging market banks access to wholesale execution and liquidity, while providing high and medium frequency funds access to prime brokerage services via FXCM Prime. FXCM is a Leucadia Company.

Forex Capital Markets Limited: FCA registration number 217689 (www.fxcm.com/uk)

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.

70% of retail investor accounts lose money when trading CFDs with this provider.

You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

FXCM EU LTD: CySEC license number 392/20 (www.fxcm.com/eu)

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.

Between 74–89% of retail investor accounts lose money when trading CFDs.

You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

FXCM Australia Pty. Limited: AFSL 309763. Losses can exceed your deposited funds. The products may not be suitable for all investors. Please ensure that you fully understand the risks involved. If you decide to trade products offered by FXCM AU, you must read and understand the Financial Services Guide, Product Disclosure Statement, and Terms of Business on www.fxcm.com/au.

FXCM South Africa (PTY) Ltd: FSP No 46534 (www.fxcm.com/za). Our service includes products that are traded on margin and carry a risk of losses in excess of your deposited funds. The products may not be suitable for all investors. Please ensure that you fully understand the risks involved.

FXCM Markets Limited: Losses can exceed deposited funds. (www.fxcm.com/markets).

Media contact:

Chatsworth Communications
+44 (0) 20 7440 9780
fxcm@chatsworthcommunications.com


Scientific Panel’s Scoping Report Instructive for Global Food Systems Transformation

By Alison Kentish
DOMINICA, Sep 24 2021 – On September 10th, on a sweltering summer afternoon, three fishers drove a van around the residential community of Castle Comfort in Dominica, blowing forcefully into their conch shells – the traditional call that there is fresh fish for sale in the area.

One of the men, Andrew Joseph, urged a customer to double her purchase of Yellowfin Tuna, stating that at five Eastern Caribbean dollars a pound (US$1.85), she was getting the deal of the summer. (In the lean season, that price can double).

“It’s good fish, it’s fresh, it’s cheap,” he told IPS, adding that, “People eat too much meat. This is what is good for the body and the brain.”

Little did he know that he was echoing the words of a scientist who is rallying the world, and the landmark United Nations Food Systems Summit (UNFSS) to put greater emphasis on the financial, nutritional and traditional benefits of aquatic foods.

“Foods coming from marine sources, inland sources, food from water, they are superfood, but this is being ignored in the global debate and at the country level, because we have had a focus on land production systems and we have to change that,” Shakuntala Haraksingh Thilsted, Global Lead for Nutrition and Public Health at World Fish told IPS.

The nutrition scientist is also the Vice-Chair of Action Track 4, Advancing Equitable Livelihoods, at the UNFSS.

As the landmark summit hopes to deliver urgent change in the way the world thinks about, produces and consumes food, issues like the linkages between aquatic systems and health are emerging.

So are other linkages a scoping report by the Intergovernmental Science-Policy Platform on Biodiversity and Ecosystem Services (IPBES) says the world cannot ignore. The report, approved in June, paves the way for a 3-year assessment of the interlinkages among biodiversity, water, food and health.

In the case of the UNFSS, it shows how food systems transformation can be achieved if tackled as one part of this network.

“It will assess the state of knowledge, including indigenous and local knowledge, on past, present, and possible future trends in these interlinkages, with a focus on biodiversity and nature’s contributions to people,” IPBES Executive Secretary Dr Anne Larigauderie told IPS.

“The IPBES nexus assessment will contribute to the development of a strengthened knowledge base for policymakers for the simultaneous implementation of the post-2020 global biodiversity framework, under the Convention on Biological Diversity, and the Paris Agreement adopted under the United Nations Framework Convention on Climate Change and the 2030 Agenda for Sustainable Development.”

Landscape Ecology Professor Ralf Seppelt was one of the scoping experts for the nexus assessment. He says the science is clear on how food systems impact biodiversity and why agroecology must be a pillar of efforts to transform food systems.

“Micronutrients are lacking a lot. Micronutrients are provided by fruits and vegetables, which need pollination. So, the nexus is really strong between agroecological principles and the nutritional value of what we are producing,” he told IPS.

“Wherever we have to increase production, we should do it on agroecological principles. We should consider what farmers say and do, their needs, their access to production goods such as fertilizers and seeds, and it’s equally important to change our diets. It’s not just reducing harvest losses and food waste, but also about moving away from energy-rich, meat-based diets and feeding ourselves in an environmentally friendly way,” he said.

Professor Seppelt is also hoping that the voices of small farmers and indigenous communities are amplified in the global food transformation conversation. “IPBES made an enormous effort to work with indigenous peoples and local communities and include indigenous and local knowledge in its reports. We organized workshops, to collect a diversity of views about nature and its contributions to people, or ecosystem services to make the assessment as relevant as possible to a range of users,” he said.

For Thilsted, any plan to revamp food systems must come with a commitment to weed out inequality. She says from access to inputs and production to consumption and waste, inequality remains a problem.

“This unequal distribution of who wins, who loses, who does well, who does not do too well, who profits and who does not is putting a strain on food and nutrition and it is limiting our progress towards a sustainable development future,” she told IPS.

“COVID-19 has shown the fragility of the system and it is further displacing the vulnerable, for example, women and children who are being more exposed to food and nutrition insecurity.”

The IPBES nexus assessment hopes to better inform policymakers on these key issues.

It is not the first assessment of interlinkages. Earlier this year IPBES and the Intergovernmental Panel on Climate Change (IPCC) launched a landmark workshop report that focused on tackling the climate and biodiversity crises as one.

Now, the current nexus assessment on interlinkages among biodiversity, water, food and health will explore options for sustainable approaches to water, climate change, adaptation and mitigation, food and health systems.

IPBES Executive Secretary Dr Anne Larigauderie says it also shows that there is hope for restoring the balance of nature.

“I would like people to remember and know that they are a part of nature, that the solutions for our common future are in nature; that nature can be conserved and restored to allow us, human beings, to simultaneously meet all our development goals. We can do this if we work together, act more based on equity, social and environmental justice, reflect on our values systems, and on our visions of what a good life actually is.”

 


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