XTB Might Leave Turkey Over New FX Limitations, More to Follow?

[kreslik.news]

Publicly listed Polish forex and CFDs trading firm X-Trade Brokers (WSE:XTB) has notified investors about the possible limitation of its operations in the Turkish market. This was done after a preliminary analysis by the brokerage on the impact of recent regulatory changes in Turkey.

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As we exclusively reported on Friday, the Capital Markets Board of Turkey (CMB) – the national financial regulatory and supervisory agency – announced a raft of changes to its forex regulations with immediate effect. These include a ... (read more)