July 03, 2015 BY Mike Fox

ASIC provides update on Interactive Brokers Forex offering

ASIC today provided an update on its regulation of US-based online brokerage firm Interactive Brokers Group, Inc. (NASDAQ:IBKR). Last week, the Australian Securities & Investments Commission (ASIC) halted Interactive Brokers (IB) Forex OTC services within the country. Back in December 2013, ASIC granted an extended a no-action position to IB regarding its FX business on the basis…

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