Exclusive: HYCM Secures CySEC License, Augmenting European Footprint
- HYCM Europe is now licensed by CySEC, expanding its offering in Europe.
HYCM, a provider of online foreign Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term (FX) and contracts-for-difference (CFDs) services, formally known as HY Markets, has had its Cyprus-based entity secure CySEC CySEC The Cyprus Securities and Exchange Commission (CySEC) is a financial regulatory authority of Cyprus. CySEC is one of the key watchdog authorities for brokerages in Europe, whose financial regulations and operations comply with the European MiFID financial harmonization law.Founded in 2001, CySEC is instrumental in providing licensing and registration for forex brokers and previously binary options providers.CySEC is responsible for a variety of different functions, which includes the supervision The Cyprus Securities and Exchange Commission (CySEC) is a financial regulatory authority of Cyprus. CySEC is one of the key watchdog authorities for brokerages in Europe, whose financial regulations and operations comply with the European MiFID financial harmonization law.Founded in 2001, CySEC is instrumental in providing licensing and registration for forex brokers and previously binary options providers.CySEC is responsible for a variety of different functions, which includes the supervision Read this Term regulatory status, part of the group’s efforts to position itself in a new market bloc.
Presently, HYCM is an FCA-regulated provider of capital markets trading – its Cyprus-based entity HYCM Europe is now fully licensed and regulated by CySEC, which helps the group move forward with a broader European strategy and bid to increase its market penetration on the continent.
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The new license with CySEC is important for HYCM, which can now expand its footprint in the European Union, having already solidified its presence in such markets as Asia, the Middle East, and the United Kingdom.
According to Stavros Lambouris, Chief Executive Officer of HYCM Europe, in a statement on the licensing: “The CySEC authorisation marks a milestone in our history as part of our plans to expand our global operations. We now have a gateway to the European market, affirming our commitment to our European clients whilst rubber-stamping the company’s position as a global leader.”
HYCM, a provider of online foreign Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term (FX) and contracts-for-difference (CFDs) services, formally known as HY Markets, has had its Cyprus-based entity secure CySEC CySEC The Cyprus Securities and Exchange Commission (CySEC) is a financial regulatory authority of Cyprus. CySEC is one of the key watchdog authorities for brokerages in Europe, whose financial regulations and operations comply with the European MiFID financial harmonization law.Founded in 2001, CySEC is instrumental in providing licensing and registration for forex brokers and previously binary options providers.CySEC is responsible for a variety of different functions, which includes the supervision The Cyprus Securities and Exchange Commission (CySEC) is a financial regulatory authority of Cyprus. CySEC is one of the key watchdog authorities for brokerages in Europe, whose financial regulations and operations comply with the European MiFID financial harmonization law.Founded in 2001, CySEC is instrumental in providing licensing and registration for forex brokers and previously binary options providers.CySEC is responsible for a variety of different functions, which includes the supervision Read this Term regulatory status, part of the group’s efforts to position itself in a new market bloc.
Presently, HYCM is an FCA-regulated provider of capital markets trading – its Cyprus-based entity HYCM Europe is now fully licensed and regulated by CySEC, which helps the group move forward with a broader European strategy and bid to increase its market penetration on the continent.
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The new license with CySEC is important for HYCM, which can now expand its footprint in the European Union, having already solidified its presence in such markets as Asia, the Middle East, and the United Kingdom.
According to Stavros Lambouris, Chief Executive Officer of HYCM Europe, in a statement on the licensing: “The CySEC authorisation marks a milestone in our history as part of our plans to expand our global operations. We now have a gateway to the European market, affirming our commitment to our European clients whilst rubber-stamping the company’s position as a global leader.”