Tag: AGM Markets Pty Ltd

asic ban
November 19, 2018 BY Valentina Kirilova

ASIC bans former director of AGM Markets for 8 years

Australian regulator ASIC has announced that it has banned Yossef Ashkenazi, also known as Yossi Ashkenazi, of Caulfield South, Victoria, from providing financial services for a period of eight years. On 5 November 2018, ASIC cancelled the Australian Financial Services (AFS) license of the retail OTC derivative issuer, AGM Markets Pty Ltd (AGM). ASIC found…

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asic license cancelled
November 09, 2018 BY LeapRate Staff

ASIC cancels license of FX broker AGM Markets for 'unconscionable conduct'

After freezing its assets earlier this year, Australia financial regulator ASIC has announced that it has cancelled the Australian financial services (AFS) licence of the retail OTC derivative issuer, AGM Markets Pty Ltd. AGM's brands include AlphaTrade Group and FirstIndex (firstindex.com). An ASIC investigation found AGM’s financial services business involved core elements of unconscionability and unmanaged…

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