ATFX opens new office in Cape Town, South Africa
ATFX acquired licensed ODP (Over-the-Counter Derivative Provider) Khwezi Financial Services in South Africa in late 2023.
ATFX acquired licensed ODP (Over-the-Counter Derivative Provider) Khwezi Financial Services in South Africa in late 2023.
The group also launched a CFDs brokerage operation called Seacrest Markets, domiciled and licensed in South Africa.
CFI South Africa operates from Claremont in Cape Town, designed to support the delivery of premium trading services.
The acquisition facilitates ACY Securities’ expansion of its proprietary trading platform, LogixTrader, into new markets.
The FSCA is concerned about the apparent aggressive sales techniques used by Banxso agents when selling financial products to clients.
The partnership will combine Finalto’s global reach and industry expertise with A2X’s cutting-edge technology.
Banxso exclusively serves South African citizens.
The ODP license mandates stringent risk management protocols, and reporting standards, providing clients with an extra layer of protection.
easyMarkets traders in South African will be automatically enrolled into the new FSCA license.
Finalto will provide its comprehensive Over-the-Counter Derivative Provider regulatory status and liquidity to Trive South Africa clients.