ThinkForex registers under new Asic rules in move to target large accounts
Margin foreign exchange broker ThinkForex has registered under new rules being rolled out by the Australian Securities and Investments Commission (Asic) this year, as it looks to expand beyond retail traders.
ThinkForex was previously registered in New Zealand, but opted to meet Asic's more stringent requirements to cater to larger accounts and partners operating in the Asia-Pacific, says Nauman Anees, managing director at ThinkForex in Melbourne.
Asic began effecting new requirements for
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