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Exness injects £1.5 million into FCA regulated sub

From leaprate.com

LeapRate has learned via regulatory filings that Retail FX brokerage group Exness has invested an additional £1.5 million (USD $2.1 million) of capital into its FCA regulated UK subsidiary Exness (UK) Limited. As we exclusively reported early last year, CySEC-licensed Exness made an application to the FCA to upgrade its “IFPRU 125K” license in the UK to a full 730K license. Exness UK had originally received its FCA license in late 2016. The Exness UK IFPRU 730K license upgrade was received in June 2017. The upgraded license means that the company can now trade with its clients as principal without the ... (full story)

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