FCA-regulated FX broker and part of LMAX Exchange Group, LMAX Global, has just announced that CySEC has formally approved its application for a purchase of Cyprus-regulated broker CB Capital Business ltd. Once complete, the deal will allow LMAX Global to build out and better serve its Southern European, Cypriot and Middle Eastern institutional and intermediary client-base. Through this acquisition, LMAX Exchange Group intends to expand its presence in the Southern European and Middle East regions where, in Cyprus alone, there are over 200 regulated brokers. The company will offer enhanced provision of firm ... (full story)