XTB Proceeding With Plans to Leave Turkish Market

Moderator: moderators

kreslik.news
rank: 10000+ posts
rank: 10000+ posts
Posts: 37309
Joined: Thu Jan 14, 2016 9:36 am
Reputation: 2
Gender: None specified

XTB Proceeding With Plans to Leave Turkish Market

Postby kreslik.news » Wed Apr 18, 2018 5:39 pm


Polish FX brokerage XTB is proceeding with its plans to exit ‎the Turkish market and will be withdrawing its registration ‎with the CMB, according to a corporate statement.‎

XTB stated earlier in November 2017 that it may suspend its plans to ‎cease operations in Turkey until the end of the first half of ‎‎2018, as the listed company expected Turkey’s authorities ‎to retreat from a number of limits to the forex business ‎that were introduced earlier this year.‎

But after the Turkish regulators had given no indication of their intention to ‎revise the significant limitations on forex ‎regulations, XTB has ... (read more)

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

Return to “news”