Banxso, the troubled South African contracts for differences (CFDs) broker, has exited its retail business in Cyprus, Finance Magnates has learned. According to regulatory filings, the Cyprus unit has either been sold to Nova Securities Limited, a new entrant in the industry. Banxso Left Cyprus The exit came as... read full story
"licensed to hold clients' assets on their behalf and place them with internationally recognised and reputable global sub-custodians."