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Brokers in Europe may befeeling the pinch from the European Securities and Markets Authority’s (ESMA) latest regulation but for offshore brokers, things aren’t looking bad.
On Wednesday, Alpari – a retail broker with licences in Belize and St Vincent and the Grenadines – released its trading volumes for August. In the first month after ESMA’s rules came into effect, the broker reported a year-on-year increase in trading volumes.
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In August of 2017, in the halcyon days of high European leverage, Alparireported a total trading volume ... (read more)