cysec
Safecap (Markets.com) Hires Eyal Wagner as CEO, as He Departs Post at Leverate CY (Cyprus)
- We have learned of a senior executive move within the Foreign Exchange industry, with a departure from a enterprise technology focused provider of brokerage solutions, to an online brokerage firm within the same region.
Friday, 15/11/2013 | 16:09 GMT by
Steven Hatzakis
CySEC Announces 12 New Licensees – All About Binary Options Brokers
- Cypriot regulator, CySec, has released the list of firms that have been granted licenses between the period of June and September. During the period, twelve new firms have been added to the list of approved CIFs.
Monday, 04/11/2013 | 13:41 GMT by
Ron Finberg
CySEC Requests its Investment Firms to Provide Details Regarding Consolidated Structure
- The Cyprus Securities and Exchange Commission has informed Cyprus Investment Firms to complete a form by November 15 2013 as part of the regulators effort to supervise on a consolidated basis, aiding transparency.
Thursday, 24/10/2013 | 11:51 GMT by
Steven Hatzakis
Binary Options Industry Update: Signals, Signals and Regulators
- Reviewing some of the events in the binary options industry as of late, we are seeing two trends take place; increase of trading signals and regulators taking a closer look at the industry.
Wednesday, 23/10/2013 | 17:01 GMT by
Ron Finberg
On Second Thought – Newly Minted CySec Licensed Firms Renounce Regulation
- Back in July, Forex Magnates reported that a record 17 firms had been granted financial licenses by Cypriot securities regulator, CySec. We are now seeing that some of these firms are beginning to rethink these plans.
Thursday, 17/10/2013 | 08:28 GMT by
Ron Finberg
Cyprus FX Firms Receive Cold Reception On Applying For Non-Cyprus Bank Accounts
- Cyprus' large retail FX industry is beginning to experience increasing difficulties when applying for bank accounts in which to hold client money.
Wednesday, 16/10/2013 | 15:58 GMT by
Andrew Saks McLeod
Spot The Difference: CySec Issues Warning Stating That Depaho FX Is Unregulated
- CySec has today issued a warning to potential investors explaining that Depaho FX is not licensed to operate in its jurisdiction, and that it is a different company to similarly-named Depaho Ltd, which is regulated.
Thursday, 10/10/2013 | 15:38 GMT by
Andrew Saks McLeod
Indonesian Monex Investindo Futures Launch UK Licensed Brokerage
- Indonesian based Monex Investido Futures announced today the launch of London based Monex Capital Markets. Licensed by the FCA, Monex Capital becomes the Indonesian firm’s move into the EU and international markets,
Wednesday, 09/10/2013 | 06:58 GMT by
Ron Finberg
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
Liquid Market Partners with Delman SA, as EU Brokers Embrace Regulated Asset Managers
- Liquid Markets has announced that they have partnered with Swiss licensed asset manager, Delman SA. Under terms of the partnership, Liquid Markets will offer clients access to regulated asset management services.
Thursday, 12/09/2013 | 16:43 GMT by
Ron Finberg
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
August Forex Industry Review: Month of MetaQuotes
- MetaQuotes led the headlines during August as it announced broker partnerships and the upcoming release of new products and initiatives. Elsewhere, CySec made headlines with a proposed rule that was ultimately shelved.
Monday, 02/09/2013 | 12:23 GMT by
Ron Finberg
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
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
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
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
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
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