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Xi Jinping’s vision of “New Era” includes Forex Industry to focus on China

...d. The “New Era” includes building country determinately governed by the party, being open to the rest of the world and being proudly Chinese.* Due to the enormous trading volumes, currently, China stands out as the forthcoming homeland for **retail forex**. Introducing brokers operate the vast managed accounts, therefore, a very definitive format now is conduction of business between Weste...

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Australia adopted a new product intervention law

...ow empowered to contemplate what kind of restrictions it will impose on the market participants. The changes caused by the new regulatory framework are similar to those already adopted in the EU, Japan, and the US. Taking into account the move of retail forex traders from Europe to Australia, there is a high chance of regulatory harmonization amongst the two. The basis for the above-mentioned a...

Path: Blog