Brokeree, Advance Markets Partner; Illegal Brokers

Brokeree integrates the liquidity of developed markets

Brokeree Solutions and Advance Markets have partnered to enhance their offering. Announced today (Monday), Brokeree’s Liquidity Bridge will integrate revolutionary liquidity services for developed markets.

It will provide simultaneous access to Liquidity Bridge’s liquidity management technology and Advanced Markets’ liquidity pool to brokers using the MetaTrader 4, MetaTrader 5 and DXtrade trading platforms.

Andrey Kamyshanov, Co-Founder and Managing Partner of Brokeree Solutions, said: “Through this integration, brokers can offer their clients access to a wide range of trading tools, faster execution speeds, and lower spreads.

Anya Aratovskaya, Vice President of Institutional Sales at Advanced Markets, added: “By combining our strengths in liquidity provision and technology, we aim to enable brokers with greater flexibility, efficiency and reliability, in trade execution and risk management.”

Consop blocks five new trading platforms

Italian financial markets regulator Consob has added five new names to its long list of backlisted trading platforms that operate illegally within their jurisdictions. These platforms either do not have a license to carry out services in Italy or are outright scams.

The names of the blacklisted platforms are CapitalFXM, AW FX Bank, INDEX ACCOUNTING and Finex Finance Global. Most of these sites offer risky CFD trading, while one of them offers real estate investment plans with weekly interest of up to 30 percent.

With the latest addition, Consob now blocks access to 903 illegal websites offering trading or investment services.

Malaysian regulator flags 25 unauthorized companies

The Malaysian Securities Commission has updated its investor alert list by adding 25 new names to it. Some of the names added include forex/CFD brands such as Winsdor Brokers, AETOS, Lion Brokers, CWG Markets, DCFX, and more.

According to the regulator, most of the platforms “conduct capital market activities that are not authorized to deal in securities.”

Previously, the Malaysian regulator also designated several well-known brokerage brands. Last month, the Supreme Committee identified cryptocurrency exchange Huobi for illegally providing services in the country and ordered it to end operations.

The Spanish CNMV identifies 8 unregistered platforms

Another financial market regulator to add new names to its cautionary list is the Spanish National Commission of the Stock Exchange (CNMV). The International Atomic Energy Agency has flagged eight “unregistered institutions”.

Entities tagged are ACI-VPFX, BINETRIX, BITMART, BWGAMONLINE.COM / BWINTERNET, FINANCE TRADERS LTD, GADVM LIMITED, SUPREME MARKETS, BELANA GROUP LLC. Some of these platforms are no longer accessible, however, a few of them still offer trading services with risky instruments.

The regulator added: “According to CNMV records, these institutions are not registered in the corresponding register of this committee, and therefore are not authorized to provide investment services or other activities under the supervision of CNMV.”

CAPEX.com promotes Georges Pavel

CAPEX.com has held the position of General Manager for its Abu Dhabi office with the in-house promotion of Georges Pavel. He previously held the position of Head of Partnerships and spent the past six years with a Forex/CFD broker.

Georges Pavel, General Manager at CAPEX.com

“In this position, I will lead a talented team and drive growth and innovation for the company,” Pavel wrote in a LinkedIn post.

CAPEX.com was awarded a master crypto license in Abu Dhabi last year. It is also regulated in Cyprus, South Africa and the Seychelles. The platform expanded its services earlier this year by launching real stock trading.

Brokeree integrates the liquidity of developed markets

Brokeree Solutions and Advance Markets have partnered to enhance their offering. Announced today (Monday), Brokeree’s Liquidity Bridge will integrate revolutionary liquidity services for developed markets.

It will provide simultaneous access to Liquidity Bridge’s liquidity management technology and Advanced Markets’ liquidity pool to brokers using the MetaTrader 4, MetaTrader 5 and DXtrade trading platforms.

Andrey Kamyshanov, Co-Founder and Managing Partner of Brokeree Solutions, said: “Through this integration, brokers can offer their clients access to a wide range of trading tools, faster execution speeds, and lower spreads.

Anya Aratovskaya, Vice President of Institutional Sales at Advanced Markets, added: “By combining our strengths in liquidity provision and technology, we aim to enable brokers with greater flexibility, efficiency and reliability, in trade execution and risk management.”

Consop blocks five new trading platforms

Italian financial markets regulator Consob has added five new names to its long list of backlisted trading platforms that operate illegally within their jurisdictions. These platforms either do not have a license to carry out services in Italy or are outright scams.

The names of the blacklisted platforms are CapitalFXM, AW FX Bank, INDEX ACCOUNTING and Finex Finance Global. Most of these sites offer risky CFD trading, while one of them offers real estate investment plans with weekly interest of up to 30 percent.

With the latest addition, Consob now blocks access to 903 illegal websites offering trading or investment services.

Malaysian regulator flags 25 unauthorized companies

The Malaysian Securities Commission has updated its investor alert list by adding 25 new names to it. Some of the names added include forex/CFD brands such as Winsdor Brokers, AETOS, Lion Brokers, CWG Markets, DCFX, and more.

According to the regulator, most of the platforms “conduct capital market activities that are not authorized to deal in securities.”

Previously, the Malaysian regulator also designated several well-known brokerage brands. Last month, the Supreme Committee identified cryptocurrency exchange Huobi for illegally providing services in the country and ordered it to end operations.

The Spanish CNMV identifies 8 unregistered platforms

Another financial market regulator to add new names to its cautionary list is the Spanish National Commission of the Stock Exchange (CNMV). The International Atomic Energy Agency has flagged eight “unregistered institutions”.

Entities tagged are ACI-VPFX, BINETRIX, BITMART, BWGAMONLINE.COM / BWINTERNET, FINANCE TRADERS LTD, GADVM LIMITED, SUPREME MARKETS, BELANA GROUP LLC. Some of these platforms are no longer accessible, however, a few of them still offer trading services with risky instruments.

The regulator added: “According to CNMV records, these institutions are not registered in the corresponding register of this committee, and therefore are not authorized to provide investment services or other activities under the supervision of CNMV.”

CAPEX.com promotes Georges Pavel

CAPEX.com has held the position of General Manager for its Abu Dhabi office with the in-house promotion of Georges Pavel. He previously held the position of Head of Partnerships and spent the past six years with the FX/CFD broker.

Georges Pavel, General Manager at CAPEX.com

“In this position, I will lead a talented team and drive growth and innovation for the company,” Pavel wrote in a LinkedIn post.

CAPEX.com was awarded a master crypto license in Abu Dhabi last year. It is also regulated in Cyprus, South Africa and the Seychelles. The platform expanded its services earlier this year by launching real stock trading.

AdvanceBrokereeBrokersIllegalmarketsPartner
Comments (0)
Add Comment