Cyprus financial regulator CySEC has issued a consultation paper regarding new proposed rules governing the use of Liquidity Providers and Market Makers by regulated brokers on the island. The new rules would still allow Retail Forex brokers on the island to have liquidity and market making relationships with entities outside the country and outside the…
Read moreCyprus financial regulator CySEC has issued a note to all regulated entities on the island, asking them to report the effect of post-Brexit vote trading. The note, signed by CySEC Chairman Demetra Kalogerou (pictured above), asks all CIF regulated entities to report the amount of their own funds, and their capital adequacy ratio to CySEC. It…
Read moreLeapRate Exclusive... LeapRate has learned that the once-bustling offices of retail forex broker ACFX have been sitting empty now for more than a month, with some clients claiming that they have been unable to withdraw funds from their accounts over the past few weeks. For visitors to the Forex hotbed of Limassol, Cyprus, ACFX's offices…
Read moreAs part of the 'corrective measures' agreed to, Anyoption will be moving all call centers to Cyprus.
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