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The U.K. Financial Conduct Authority (FCA) has just issued a new license for a foreign exchange and CFDs trading brokerage. The U.K. subsidiary of LandFX has become the latest firm to obtain a matched principal license from the London based watchdog which will allow it to provide straight through processing (STP) services to its clients.
The brokerage has previously been operating primarily in Asia via a license in New Zealand. Over the past three years the company has been growing organically mainly in the Far East. The firm has over 10 offices worldwide with locations in China, Malaysia, the Philippines and ... (read more)