Tag: APAC

VT Markets on rebranding and MT5 transition
June 23, 2021 BY Steffy Bogdanova

VT Markets on rebranding and MT5 transition

With so many brokers making the transition to the MT5 platform, why did VT Markets decide to make the change? Chris: In response to growing user demand, VT Markets has taken the decision to add support for MT5. The MT5 platform was designed from the ground up to trade a variety of markets, which includes…

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June 21, 2021 BY Steffy Bogdanova

BlackBull Markets promotes Benjamin Boulter to COO

Benjamin Boulter commented: With the growth in market share that BlackBull Markets has seen this past year, I definitely have my work cut out for me. Scalability for BlackBull Markets will be a major focus of mine, in addition to optimising internal processes. The goal is to ensure that BlackBull Markets continues to maintain the…

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ATFX
June 16, 2021 BY Steffy Bogdanova

ATFX adds over 50 Hong Kong share CFDs to its offering

Some of the companies whose chare CFDs will be available for trading include HSBC Holdings, Tencent Holdings, JD.com, and Alibaba Group Holdings among others. ATFX offers its clients competitive low spreads and fast execution services, and provides a client portal, protected by encryption security system. The company has offices around the globe with locations in…

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ASIC
June 11, 2021 BY Steffy Bogdanova

ASIC extends a 12 months relief for foreign financial services providers regarding AFS licence

ASIC Corporations (Amendment) Instrument 2021/510 extends the relief contained in these instruments: ASIC Corporations (Repeal and Transitional) Instrument 2016/396; ASIC Corporations (CSSF-Regulated Financial Services Providers) Instrument 2016/1109; and ASIC Corporations (Foreign Financial Services Providers—Limited Connection) Instrument 2017/182. These aforementioned instruments currently apply to a range of FFSPs until 31 March 2022 The announcement stated: The…

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CFD broker TMGM obtains FMA license in New Zealand
June 10, 2021 BY Steffy Bogdanova

CFD broker TMGM obtains FMA license in New Zealand

Chief Marketing Officer, Angelo D’Alessio, commented: This is a key milestone for TMGM. Expanding our global reach has been an important focus for us. Since the success of the Australian Open sponsorship, widening our reach was a natural step for us in this journey. Securing the FMA license further solidifies our commitment to expanding our…

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Australia
June 09, 2021 BY Steffy Bogdanova

Australian consumers lose $400,000 to smartphone app Ponzi scheme

An ACCC spokesperson stated: The ‘Hope Business’ app is a scam. Victims were encouraged to transfer funds in a Ponzi scheme. They were initially able to withdraw funds which encouraged them to recommend the application to family and friends, but they were subsequently unable to access their money. The same spokesperson then stressed that anyone…

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