Italian Regulator CONSOB Christens IronFX Branch in Milan
- On the heels of an unprecedented year of expansion and opening of new offices, IronFX has been granted authorization from Italian regulator Commissione Nazionale per la Societá e la Borsa (CONSOB) for a branch in Milan.
IronFX has been granted authorization from Italian regulator, Commissione Nazionale per la Societá e la Borsa (CONSOB), for an inaugural branch in Milan, Italy.
IronFX was rumored to have been contemplating an IPO in the United States as recently as December – those rumors have since quieted given a number of industry headwinds and constraints.
In its latest outward thrust, IronFX has opted to open a branch in Italy, receiving the legal authority from the CONSOB, which will be based out of Milan – the move is the group’s first foray into Italy.
According to IronFX Chairman & CEO, Markos Kashiouris, in a recent statement on the opening of the branch, “It is our great pleasure to announce the twin achievement of obtaining a new licence with CONSOB (the Italian financial Regulation Regulation Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Read this Term authority), together with our plans to open a new landmark office in Italy.”
“We are delighted with CONSOB’s decision to regulate us. This new regulation allows us to operate in the heart of the Italian financial world, underlining our commitment to the core principles of fairness, security, transparency and high quality service in all aspects of our operations. We look forward to developing our presence in Italy and to extending one of the world’s best trading environments to clients in Italy and beyond,” added Kashiouris in an exclusive statement to Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term Magnates.
IronFX has been granted authorization from Italian regulator, Commissione Nazionale per la Societá e la Borsa (CONSOB), for an inaugural branch in Milan, Italy.
IronFX was rumored to have been contemplating an IPO in the United States as recently as December – those rumors have since quieted given a number of industry headwinds and constraints.
In its latest outward thrust, IronFX has opted to open a branch in Italy, receiving the legal authority from the CONSOB, which will be based out of Milan – the move is the group’s first foray into Italy.
According to IronFX Chairman & CEO, Markos Kashiouris, in a recent statement on the opening of the branch, “It is our great pleasure to announce the twin achievement of obtaining a new licence with CONSOB (the Italian financial Regulation Regulation Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Read this Term authority), together with our plans to open a new landmark office in Italy.”
“We are delighted with CONSOB’s decision to regulate us. This new regulation allows us to operate in the heart of the Italian financial world, underlining our commitment to the core principles of fairness, security, transparency and high quality service in all aspects of our operations. We look forward to developing our presence in Italy and to extending one of the world’s best trading environments to clients in Italy and beyond,” added Kashiouris in an exclusive statement to Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term Magnates.