Brokers’ News this Week

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asked Sep 1, 2020 in Cell Tracking by freemexy (47,810 points)

Brokers’ News this Week   ATFX opens office in Poland as part of EU Expansion. The new office will focus on IT development and SEO marketing.To get more news about WikiFX, you can visit wikifx official website.  

 CFTC data shows flat growth in retail FX deposits for June. Data from the US securities regulator for June shows that all registered retail FX platforms added less than $5 million in clients deposits. image CySEC settles with Tradernet for €80,000 fine. The regulator has announced on Friday that it reached a settlement with Tradernet Limited for €80,000 for some unspecified violations.   Off-shore Brokers Blocked   CONSOB blocks access to 7 off-shore brokers . The regulator has, till now, flagged 268 trading platforms.  

 New Name   OANDA announced this Tuesday that it has rebranded its currency data and analytics business, giving it the new name of Foreign Exchange Data Services. Velocity Trade is now regulated by the FSCA of South Africa and by the FMA of New Zealand.   Third-party Payment   VideForex no longer works with WebMoney, Skrill, and Neteller for deposits and withdrawals, while Windsor Broker added support for WebMoney deposits.  

 Registration Added   World Forex ditched Liqpay payment system. Added registrations with Vanuatu Financial Services Commission and the FSC of the British Virgin Islands.  

 The Russian Regulator Institutes a short-term liquidity standard for brokers. From October 1, 2021, brokers will have to comply with the short-term liquidity ratio to keep a stock of highly liquid assets, which will allow them to continue operating in the face of significant cash outflows during the month.

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