News Formal

Financial watchdog fines SA forex broker R100 000 | Business

  • 📰 News24
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 80%

ایران اخبار اخبار

ایران آخرین اخبار,ایران سرفصلها

SA's financial services watchdog has fined forex broker JP Markets R100 000 for breaking regulations governing trade in over-the-counter derivatives. | News24_Business

OCT derivatives are privately traded financial contracts that are generally held to be fairly high risk.

The Financial Sector Conduct Authority said this week that an investigation found the company let clients trade in contracts for differences relating to forex pairs, shares and indices without being properly registered. According to its website, JP Markets allows users to open a live forex trading account with a recommended initial investment of R3 000. The company was founded in 2016 and named after its founder, Justin Paulsen.

Three years ago, the FSCA successfully applied for the broker's liquidation, arguing it needed to be wound up to protect the interests of the public.

این خبر را خلاصه کرده ایم تا بتوانید سریع آن را بخوانید. اگر به خبر علاقه مند هستید، می توانید متن کامل را اینجا بخوانید. ادامه مطلب:

 /  🏆 4. in İR
 

از نظر شما متشکرم. نظر شما پس از بررسی منتشر خواهد شد.

ایران آخرین اخبار, ایران سرفصلها

Similar News:همچنین می توانید اخبار مشابهی را که از منابع خبری دیگر جمع آوری کرده ایم، بخوانید.

Foreign nationals nabbed for hacking US companiesA group of foreign nationals has been nabbed for theft amounting to well over R100-million.
منبع: eNCA - 🏆 49. / 51 ادامه مطلب »

MARKET WRAP: JSE firmer as markets await key US inflation data this weekUS April CPI will help guide the Fed in its interest rate decision at the next FOMC meeting in mid-June
منبع: BDliveSA - 🏆 12. / 63 ادامه مطلب »