简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
Abstract:Admirals, a leading FX brokerage firm, has recently announced a temporary halt on new client registrations across Europe. This pause, disclosed through a statement on the company's official website, comes as a response to compliance adjustments advised by the CySEC regulator.
Admirals, a leading FX brokerage firm, has recently announced a temporary halt on new client registrations across Europe. This pause, disclosed through a statement on the company's official website, comes as a response to compliance adjustments advised by the CySEC regulator.
The CEO and co-founder, Alexander Tsikhilov, underscored the importance of adaptability within the dynamic industry, narrating the necessity of flexibility and proactive management. He emphasized the ethical obligation to align with regulatory recommendations, ensuring a harmonious operational environment.
With a widespread presence in 18 nations via its subsidiaries, Admirals Group AS caters to clients spanning over 145 countries, underscoring its global footprint.
Earlier indications of Admirals' strategic manoeuvres included plans to merge with its Estonian arm, Admirals Markets AS, with completion slated for the first half of 2024. This merger entails the revocation of the subsidiary's investment license in Estonia, reflecting Admirals' overarching goal to fortify its international reach.
The UK segment, Admiral Markets UK Limited, unveiled lacklustre financial performance for the previous fiscal period. Notably, total revenue dipped marginally from £6.18 million to £6.04 million, while administrative expenses climbed to £6.15 million compared to £5.82 million a year prior. Consequently, Admirals' operating loss widened from £22,261 in 2021 to £290,778 in 2022.
Operating under the regulatory oversight of the Financial Conduct Authority (FCA), Admiral Markets UK Limited facilitates non-advisory trading services. Specializing in Contracts for Difference (CFDs) and specific securities, the firm operates on a matched principal model, offsetting client trades through Admiral Markets AS and garnering revenue primarily from commissions on trades executed.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
The U.S. stock market has rebounded for two consecutive days. Could this signal a potential turning point, or is it just a temporary uptick? Let's explore the market movements, their underlying causes, and how investors should respond.
U.S. retail data for February came in below expectations, raising concerns about slowing consumer spending. Does this signal the beginning of an economic slowdown, or is it just a temporary fluctuation? Let's dive into the analysis.
Acuity Trading and interop.io have joined forces to streamline financial data integration, enabling traders, brokers, and institutions to access real-time market intelligence without disrupting their existing systems. This partnership represents a significant step forward in addressing one of the financial industry’s most persistent challenges—integrating vast amounts of market data from diverse sources.
In recent years, the forex market has become a popular choice for global investors due to its high liquidity and 24-hour trading advantages. However, according to the recently concluded WikiFX "3·15 Forex Rights Protection Day " event, we received over 6,000 pieces of evidence exposing rights violations within a short period. This reflects that, although the forex industry is becoming more regulated, fraudulent platforms continue to emerge, causing significant suffering for many victims.