Nadex revokes membership of Capstone Currency owner

Nadex revokes membership of Capstone Currency owner

From financefeeds.com

Shortly after North American Derivatives Exchange (Nadex), a subsidiary of IG Group Holdings plc (LON:IGG), took disciplinary action against one of its members whose deposits were linked to unregistered entity Capstone Currency, the Exchange has taken a disciplinary action against another member whose activities are related to Capstone Currency. In a notice on its website, Nadex says it has revoked the membership of Markeith Victoria over violations of Nadex rules. In particular, an investigation into the trading activity conducted by Markeith Victoria has shown that Victoria had prearranged multiple transactions on ... (full story)

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Comment #1
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Edited 5:18pm Jan 5, 2019 4:32pm | Edited 5:18pm

cjsun791
| Joined Jun 2014 | Status: Member | 4 Comments

Nadex will ban the traders that can beat their market makers at their own game and profit

Comment #2
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Jan 6, 2019 9:21am Jan 6, 2019 9:21am

Fml
Joined May 2018 | Status: Member | 73 Comments

Exchange my ass. This "exchange" is just another bucket shop that can't even get enough market makers for liquidity. If you look closely at this company there is NO COUNTER-PARTY to the trades. You are trading against the parent company based in England. How they got an exchange designation from the NFA is a wonder.

Price shading of proprietary price action central. These binaries(what a joke) are structured so heavily in the "counter party's" favor it's ridiculous, coming down to the tick.

Who's the real criminal. What a joke

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Posted: Jan 4, 2019 2:04pm
Submitted by:
Newsstand

Category: Entertainment News

Comments: 2 / Views: 3,460