January 16, 2013 BY Gerald Segal

New Australian FX firm IFM gets ASIC license

Focus to be on assisted and automated trading for retail clients. Australia's financial regulator ASIC has granted a license to newly-formed FX and CFDs brokerage Intelligent Financial Markets (or "IFM"). IFM is beginning operations this month as an ECN / STP broker, with a focus on assisted trading and expert-driven automated trading, all using its own…

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