cyprus
Grexit Speculation Brings Euro to Its Knees Trading at 9 Year Lows
- The year has started with a blast for foreign exchange trading desks. The second day of trading sees the Euro hit levels unseen since 2006, triggering a boatload of stops below the 1.2 figure.
Monday, 05/01/2015 | 11:41 GMT by
Victor Golovtchenko
FXPRIMUS Continues to Expand Global Reach with New Cyprus License for European Arm
- Before this the broker was already licensed by the authorities of Mauritius and New Zealand, as common with firms focusing on the Asian market, but now it can also service European clients via MiFID passporting.
Monday, 29/12/2014 | 15:42 GMT by
Avi Mizrahi
MAP S.Platis Procures First EU LPAIF License, Targeting New Investor Class
- Following the passage of Alternative Investment Funds into law in Cyprus, MAP S.Platis has earned its inaugural license for Limited Persons Alternative Investment Funds (LPAIF), targeting professional investors.
Tuesday, 02/12/2014 | 10:46 GMT by
Jeff Patterson
Exclusive: MAP S.Platis Launches Forensic Unit Headed by Rakis Christoforou
- Amidst a flurry of regulatory attention zeroing in on the financial services sector, Cypriot financial consultant MAP S.Platis has launched the MAP Financial Forensic Unit, headed by Rakis Christoforou.
Wednesday, 05/11/2014 | 07:00 GMT by
Jeff Patterson
Cyprus and Mauritius Watchdogs Spell Out ill-Devised Broker Scam
- The CySEC and FSC Mauritius has informed the public that LiveFX Trader is not and has not at any time been licensed by neither regulator, citing ill-devised fraudulent documentation with some basic errors.
Monday, 27/10/2014 | 15:10 GMT by
Avi Mizrahi
IMF Taps Cyprus on the Shoulder, More Structural Reforms & Fiscal Consolidation Needed
- The IMF’s executive board, stated that while the country’s government has made progress with structural reforms it still needs more and the financial system remains vulnerable, with 54% non-performing loans.
Thursday, 23/10/2014 | 10:27 GMT by
Victor Golovtchenko
Plus500 Granted CySEC License to Provide Financial Services in Cyprus
- Following an exclusive report on the broker opening office on Cyprus in August, Plus500 has been officially approved by the CySEC watchdog as an investment firm, following the assistance of consultant Map S.Platis.
Tuesday, 14/10/2014 | 09:22 GMT by
Adil Siddiqui
Breaking: Plus500 Aims towards Cyprus, Takes First Recruiting Steps
- Forex magnates has learned that the FCA regulated broker has commenced conducting interviews in Cyprus. The company has declined to confirm the report, stating that no hiring has yet occurred in the FX hub.
Monday, 11/08/2014 | 16:31 GMT by
Avi Mizrahi
Is Cyprus Getting Too Strict? New Companies' Licensing Slashed by One-Third in Q2
- The total number of new investment firms licensed by the Cyprus Securities and Exchange Commission In the second quarter of 2014 went down to only eight firms, a decrease of over 27% Year-Over-Year.
Tuesday, 15/07/2014 | 09:03 GMT by
Avi Mizrahi
CySEC Tightens Reporting Regime in Compliance with European Standard
- The Cypriot watchdog has announced a new capital adequacy and exposure, demanding Investment Firms who hold clients’ money or financial instruments to have an initial capital of at least €200,000.
Monday, 23/06/2014 | 08:40 GMT by
Jeff Patterson
If You Can’t Join Them, Beat Them! Looking for the Next Big Thing
- A bit belated, my review of thoughts from last week’s exhibition in Cyprus. What is the next big thing? Is there a MT4 killer on the horizon? And why the event was filled with payment processing companies.
Tuesday, 03/06/2014 | 07:41 GMT by
Ron Finberg
Recap from Cyprus: iFX EXPO International Concludes Second and Final Day
- The iFX EXPO in Cyprus concluded the second and final day Thursday, capping an event that successfully resulted in the coalescence of leading fx and binaries personnel and the industry’s most influential brokers.
Thursday, 29/05/2014 | 14:03 GMT by
Jeff Patterson
Digital Currency Magnates to Participate in Upcoming IFX Expo
Sunday, 25/05/2014 | 08:28 GMT by
Ron Finberg
CySEC Replies to Forex Magnates' Questions about Employees Certification Exams 2014
- Many employees working in a Cyprus Investment Firm are required to get certified by CySEC in order to practice their working duties diligently, our reporters have obtained useful commentary to the parties concerned.
Thursday, 22/05/2014 | 20:38 GMT by
Victor Golovtchenko
Binarystation to Demonstrate Weather Binary Options at the iFX Expo
- As the markets for binary options are getting saturated, a new player has come up with an innovative solution that would permit greater variety in the offerings of different binary options broker brands.
Monday, 19/05/2014 | 15:33 GMT by
Victor Golovtchenko
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