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DMM FX Australia to cease forex activities from August 2016

From smnweekly.com

Australia-regulated forex broker DMM FX Australia, part of Japanese conglomerate DMM.com Group, said on Friday it will stop providing forex trading services in Australia as of 1 August, 2016.It did not explain why it has decided to cease forex operations. Whether the broker will cease operations altogether or The broker requested from traders to close all existing positions by 0300 AEST on 30 July, or they will be automatically closed at the available prices between that time and mthe market close on that day. Clients should also withdraw all funds by 19 August, after which all client client account will be closed ... (full story)

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