Regulation

Steven Kruger our General Counsel talks about regulation

Proper risk management is vital for a retail brokerage.
In an industry of uncertainty, one must take all steps required to eliminate unnecessary variables. Most of the hedging strategies are based on either “trading room hedging” or “per-trader hedging”. The former keeps the trading room at a relatively high level of both risk and profit, and […]

Becoming a Regulated Broker

A brokerage regulated by a licensing authority is permitted to provide financial services while practicing strict measurement in relation to its financials, operations and clients’ protection. The legal ground for these strict measurements is the Market in Financial Instruments Directives (“MiFiD”), European legislation which was implemented into the Cypriot code more than five years ago, placing […]