April 06, 2015 BY Andrew Saks-McLeod
CySec revokes the license of FxPulp
Following a suspension of its CySec license in February this year, FxPulp has now had its license revoked permanently
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March 04, 2015 BY Maria Nikolova
CySEC keeps FXPulp's license suspended
An update to LeapRate's article from February 18, 2015... The Cyprus Securities and Exchange Commission (CySEC) today extended the suspension of the license of Pulp International Business Ltd, the company which owns the FxPulp brand. On March 2, 2015, the Board of Directors of the regulator decided to keep the license of the Forex broker, which…
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March 02, 2015 BY Andrew Saks-McLeod
CySec to allow use by FX firms of market data reported by trading venues
Subject to approval by specific trading venues, CySec will allow Cyprus Investment Firms to use market data reported by such venues. In giving Euronext as an example, CySec confirms that, among other things, redistribution of real-time and/or delayed market data is permissible
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February 11, 2015 BY Maria Nikolova
CySEC urges investment firms to set up policies to mitigate FX risks
The Cyprus Securities and Exchange Commission (CySEC) today issued a circular to Cyprus Investment Firms (CIFs) over the need to establish strict controls and monitor foreign exchange risks. The circular reminds all investment firms that the law, particularly Directive DI144-2007-14, obliges them to establish strategies and policies for taking up, managing, monitoring and mitigating the risks…
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January 29, 2015 BY Andrew Saks-McLeod
CySEC launches totally new website
CySec's entirely new website consists of clearly listed announcements which are arranged on a per-category basis, and clear distinction between English and Greek languages. The alerts service has also been replaced by RSS feed updates, however certain newly-licensed firms are now omitted from the list of CIFs
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January 18, 2015 BY Mike Fox
Cyprus is requesting investment firms to report any ill effects of Swiss Franc move
CySEC "requests" CIF designated investment firms which includes all Forex brokers on the EU regulated island to report any adverse effects from CHF spike aftermath by Tuesday, 1/20/15
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November 10, 2014 BY Andrew Saks-McLeod
Social trading site Myfxbook receives CySEC CIF license
Myfxbook has been included in CySec's list of regulated brokerages, therefore allowing the firm to offer brokerage services in addition to copy and social trading facilities.
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October 19, 2014 BY Andrew Saks-McLeod
Plus500 formally receives CySEC CIF license
Since becoming a publicly listed entity, Plus500 has increased its fortunes considerably, whilst maintaining efficient operations. This week, the firm's CySec license has come into effect, allowing the company to act as a market maker from its newly established Cyprus office
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October 07, 2014 BY Mike Fox
TRADOLOGIC expands in China, adds Biz Dev director for Asia - adds new CIF
TRADOLOGIC, the popular binary options software provider has a strong new force in the face of the new Business Development Manager for Asia, Slavena Savcheva. Ms. Savcheva recently joined TRADOLOGIC as a very perspective professional who will be in charge of the Asian market. She has experience in online financial trading, particularly in the Asian…
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July 11, 2014 BY Mike Fox
France focused Binary Options broker 24xp.com gets CySEC CIF license
News on the binary front as 24xp, which is a France focused broker under company name AMFF Ltd, is reporting to have achieved CIF status and become licensed and regulated by CySEC (Cyprus Securities and Exchange Commission). They are filed under license number 241/14 from July 1st. Competition is heating up in binaries as the industry continues…
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