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Saxo Amends CFDs Target Market Determination amid ASIC’s Stop Order

Saxo Capital Markets (Australia) Limited has become the latest target of the Australian Securities & Investments Commission (ASIC) for deficiencies in the broker’s target market determinations (TMDs) of some contracts for differences (CFDs) offerings. Saxo Responded Quickly Initially, the Aussie regulator issued eight interim stop orders on Tuesday against Saxo’s CFDs offering to retail investors. Saxo quickly amended the TMDs to address ASIC’s concerns, and the orders were revoked. The regulat... Read More

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Saxo

Amends

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Target

Market

Determination

Amid

Asic

Asic s

Forex

Posted: May 18 2023, 07:03

Author Name: financemagnates

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