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Broker News | ASIC Grants 332 Australia Financial Services License in FY23

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Broker News | ASIC Grants 332 Australia Financial Services License in FY23

#Industry
01 Exclusive: My Forex Funds Claims It "Didn’t Defraud Traders"

The company shared with Finance Magnates the first detailed public comment, stating that the allegations are "grossly inaccurate".
Alex Spiro and team from Quinn Emanual retained to represent My Forex Funds against CFTC allegations.

02 ASIC Grants 332 Australia Financial Services License in FY23
The number decreased significantly from the previous year.
The regulator also suspended 26 AFS licenses last year.

03 Fed’s Powell Urges Flexibility on Rate Projections: Forecasts Not Set in Stone
Federal Reserve Chairman Jerome Powell said the interest rate outlook isn’t set; experts diverged on interpreting Fed’s cautious future stance.

04 Bank of England Maintains Rate; Slashes Bond Purchases
The Bank of England’s MPC holds the 5.25% rate, cuts £100 billion in bond buys, and eyes potential tightening if inflation persists.

 

#Broker

01 Exness Joins Forex Expo Dubai 2023 as a Titanium Sponsor

Leading broker Exness will take part in discussions about the industry’s future landscape.

02 Capital.com Shatters Previous Year's Profit by 123%, Reaching £4.13 Million
The FX/CFD broker also reports an increase of 88% in revenues.
Despite higher income, the number of client funds fell slightly.

03 TMGM Proudly Presents the Jay Chou Carnival World Tour 2023 – Bangkok!
By presenting this concert in Bangkok, TMGM aims to contribute to the cultural vibrancy of the city and offer a once-in-a-lifetime experience to music enthusiasts.

04 Exclusive Markets Wins “Best Partnership Programme – Global” at the Global Forex Awards 2023
Exclusive Markets, the leading international multi-asset broker, proudly announced its recent “Best Partnership Programme – Global” accolade at the prestigious Global Forex Awards 2023 – Retail, hosted by Holiston Media.

 

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