April 03, 2017 BY LeapRate Staff

New Zealand to require Spot Forex, CFD and Binary Options brokers to obtain a Derivatives License

New Zealand financial regulator The Financial Markets Authority (FMA) has issued a statement today confirming that it plans to require all brokers offering spot forex, CFD and binary options trading to obtain a derivatives license in the country. Until now, all 'short-term' derivatives trading was exempt from FMA licensing. The move, marking a change in…

Read more