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ForexTime opens London office
Andrey Dashin's two companies, forex brokers ForexTime and Alpari, look to go more head-to-head for new business. It was bound to happen sooner or later.... LeapRate has learned that Cyprus-based forex broker ForexTime has opened its first office outside the island, with the initiation of a new rep office in London. Normally, this would not be (big) news -- any regulated forex broker in any EU jurisdiction can open an office in any other EU country, thanks to MiFID. And indeed, lately we've seen several Cyprus forex brokers look to rebrand as pan-EU or as London-based brokers, following the Cyprus-EU bailout crisis ... (full story)
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