October 06, 2016 BY LeapRate Staff

FXCM and Gain Capital introducing broker Vankar Trading permanently barred by NFA

Introducing broker Vankar Trading, an NFA-member introducing broker based in Chicago, has seen the NFA permanently bar it from membership and from acting as principal of an NFA member. In addition, the NFA has barred John S. Karvelas, sole principal of Vankar, from acting as a principal of an NFA Member for 10 years. Karvelas was…

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