cyprus
After 4XP Receives CySec Warning - Other EU Regulators to Follow?
- Cypriot financial regulator, CySec, has issued a warning to investors about Forex Place (4XP), stating that it isn’t permitted to offer financial services in the country and has never been authorized by CySec.
Thursday, 03/10/2013 | 08:39 GMT by
Ron Finberg
Binary Options Update - Development Decisions: In-House vs External Platforms?
- To develop or not to develop? That is the question. Lionstone Investment Services has today announced that it has developed its own in-house binary options platform, to integrate with the MetaTrader 4 platform.
Tuesday, 01/10/2013 | 16:19 GMT by
Andrew Saks McLeod
The Reasons Behind CySEC's Revoking of Sama Brokers' CIF License
- Further to the revocation of Sama Brokers' CIF license by CySEC, Forex Magnates has been informed by a number of industry sources of the reasons for which CySEC took action, and that it has ceased operations.
Sunday, 22/09/2013 | 10:59 GMT by
Andrew Saks McLeod
TradeSmarter Takes Stock of Future With Offer of $3 Million in Funding
- After 3 and a half years without investment, TradeSmarter has spoken to Forex Magnates in order to detail its means of moving forward, including potential investment of $3 million from a major FX firm and new corporate direction.
Tuesday, 03/09/2013 | 10:25 GMT by
Andrew Saks McLeod
Exclusive: CySec Calling – 24option Gets Regulated
- CySec continues to prove itself as the ‘go to’ destination for binary options regulation. Following the trend, Forex Magnates has confirmed that 24option has finalized its application process and became regulated.
Thursday, 29/08/2013 | 08:06 GMT by
Ron Finberg
360 Consulting Director Costas Constantinides Assumes Senior Position At Boudica Group Following Acquisition
- FX and binary options consultancy firm 360 Consulting's Founder and Director Costas Constantinides has been elected to the board of directors of Cypriot fiduciary service provider Boudica Group.
Thursday, 08/08/2013 | 15:47 GMT by
Andrew Saks McLeod
The Voice From Within - FX Industry Insiders Provide Detailed Perspective on CySEC Rulings
- As Cypriot regulator CySEC prepares to implement its ruling that non-EU clients must gain approval from local regulatory authorites before becoming a client, industry figures explain possible future dynamics.
Tuesday, 06/08/2013 | 15:52 GMT by
Andrew Saks McLeod
IronFX Expands its Regulatory Footprint with New Zealand FSP and Russian CRFIN Registration
- In simultaneous news releases, Cypriot forex broker IronFX, announced that it has registered as a Financial Service Provider (FSP) in New Zealand, as well as becoming a member of CRFIN, Russia’s leading self-regulating organization.
Tuesday, 06/08/2013 | 08:04 GMT by
Ron Finberg
CySEC Backtracks On Non-EU Client Ban - Moves Implementation Date To October
- Cyrpus FX executives and legal practitioners have been quick to act following yesterday's controversial ruling by CySEC to ban FX firms from accepting non-EU firms. CySEC has now approved an October date.
Friday, 02/08/2013 | 15:37 GMT by
Andrew Saks McLeod
Executive Interview: Rachel Clark, COO Of AFX Capital Elaborates On Expansion To Institutional Sector
- AFX Capital's COO Rachel Clark defines the methodology behind increasing the company's presence within London's institutional FX sector, and defines her perspective on the future of retail FX.
Friday, 02/08/2013 | 06:26 GMT by
Andrew Saks McLeod
Get Out! CySEC Bans FX Firms From Accepting Non-EU Clients
- Cyprus today finds itself amid further controversy as its regulator sets an immediate ruling in place to prohibit the soliciting of non-EU clients without authorization. Forex Magnates provides a look from within.
Thursday, 01/08/2013 | 14:09 GMT by
Andrew Saks McLeod
Binary Options Update: New Firms Vie For Market Share, Copy Trading On The Agenda
- July has proven a month of focus on the Japanese market for binary options firms, however post-launch of their respective Japan-compliant platforms at the Forex Magnates Tokyo Summit, new products, brands and software enhancements are abundant in other established markets.
Tuesday, 30/07/2013 | 10:37 GMT by
Andrew Saks McLeod
Executive Interview: Zacky Pickholz, CEO, CTOption Talks About Standing Out Among The Binary Options Crowd
- In this week's Forex Magnates Executive Interview, software developer turned Binary Options CEO Zacky Pickholz details his perspective on the important factors to consider when entering this competitive market.
Friday, 26/07/2013 | 07:18 GMT by
Andrew Saks McLeod
Malta The Next Cyprus? MFSA Announces Regulatory Framework For Binary Options
- Malta's financial regulator has today set in place its structure for regulating binary options, classifying them as financial products and replacing the auspices of the Lotteries and Gaming Authority.
Thursday, 18/07/2013 | 11:09 GMT by
Andrew Saks McLeod
If You Build it they Will Come – CySec Releases H1 2013 License List
- Cypriot financial regulator, CySec, has released its list of firms that were granted licenses during the first half of 2013. Bucking worries of the country’s financial difficulties, Cyprus continues to see strong demand for licenses.
Wednesday, 10/07/2013 | 16:03 GMT by
Ron Finberg
Cyprus crisis: Bank of Cyprus smothered by harsh terms of international bailout
Monday, 01/07/2013 | 00:00 GMT by
FMAdmin Someone
Cypriot Regulator CySEC Grants Four CIF Licenses To New Arrivals In Cyprus
- Cypriot law firm MAP S. Platis has today confirmed that four FX firms have been granted CIF licenses by Cypriot regulator CySEC, further alluding to the island's attractiveness to firms wishing to enter the European market.
Wednesday, 26/06/2013 | 10:06 GMT by
Andrew Saks McLeod
CySEC Releases Announcement Confirming Reasoning for Handing LQD Markets €80,000 Penalty, Confirms Settlement
- Subsequent to yesterday's exclusive report by Forex Magnates that Cypriot regulator CySEC has demanded LQD Markets to pay 80,000 euros, the regulator today confirmed the reason for the imposition, and the total amount, now mutually settled in full.
Tuesday, 25/06/2013 | 10:16 GMT by
Andrew Saks McLeod
CySEC Bares Its Teeth: Trading Point Fined €5,000 For Infringement of Client Funds Regulations
- Cypriot regulator CySEC today demonstrated its commitment to monitoring of the administrative and compliance procedures of brokers in its jurisdiction by imposing a €5,000 administrative penalty on Trading Point.
Friday, 21/06/2013 | 15:29 GMT by
Andrew Saks McLeod
iFXEXPO Cyprus Pictures (First Batch)
- The 2013 Cyprus iFXEXPO winded down last night with the closing party. The event brought together over a thousand attendees from as far as Guatemala and Hong Kong. Forex Magnates was following the event from the inside
Friday, 31/05/2013 | 11:06 GMT by
Ron Finberg
Coming Up Next: IFXEXPO Cyprus
- The IFXEXPO B2B FX Conference in Cyprus is set to take off. Starting this evening with a pre-event cocktail party, the conference kicks into gear tomorrow and will last until Thursday evening, with lots of networking and panel discussions
Tuesday, 28/05/2013 | 15:45 GMT by
FMAdmin Someone
¿Qué pasa en Liquid Markets? Company Set To Enter Latin America
- While South America remains a continent where forex companies are notable by their relative absence, Cypriot broker Liquid Markets plans its entry strategy into what it views as a land of opportunity.
Thursday, 16/05/2013 | 07:35 GMT by
Andrew Saks McLeod
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