The FX broker, which has been blacklisted in Russia already, is unable to meet its obligations and will soon be in the hands of liquidators.
Read moreIn addition to the newly granted license as a derivatives issuer, MahiFX is also regulated by and fully compliant with the Australian Securities and Investments Commission (ASIC). Financial Conduct Authority (UK) approval and regulation is pending
Read moreGlobal foreign exchange reserves may have fallen in the third quarter for the first time since the financial crisis as central banks stepped up interventions to prevent their currencies from falling too sharply. As the U.S. Federal Reserve gears up to raise interest rates next year, dollar-funded "carry trades", in which traders borrow in low…
Read more"New Zealand has taken a coherent approach, recognizing that regulation works when it’s implemented as a whole. It’s also a coordinated approach that’s designed to provide results without imposing substantial, unnecessary costs" - Rob Everett, CEO, New Zealand FMA
Read moreForex Weekly Look Back - Week of September 8th Toonimo brings animations to the FX world in quest for client acquisition | https://www.leaprate.com/aAG24 LMAX Exchange named Britain’s fastest-growing tech firm | https://www.leaprate.com/HNyzy New Zealand steps up FX regulation with focus on product suitability for retail investors | https://www.leaprate.com/gKoc3 Revenue soars at SafeCharge in first half of year…
Read moreOnce a nation with very scant regulatory coverage of FX, New Zealand has begun consultation on new practices aimed at ensuring firms act in customers' best interests when dealing in retail FX and derivative products
Read moreNew Zealand is no longer a haven for traders and brokerages wishing to operate under minimal regulatory requirements
Read moreThe issuing of New Zealand's first equity crowd funding licenses could spark growth for many small to medium sized businesses. Equity crowd funding allows business to access capital by selling shares to individuals thru a regulated platform, avoiding more traditional bank lending. PledgeMe and Snowball Effect are the first providers to receive licenses from the…
Read moreFMA CEO Rob Everett sympathizes with the changes companies need to go through, but is firm in his view that New Zealand's regulatory reforms were very much a necessity.
Read moreNew Zealand based broker MahiFX adds open-access educational resource to its product range.
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