FinanceMagnates
The UK unit of Admirals, a contracts for differences (CFDs) broker brand, has migrated accounts held by clients resident in the European Union to another operating company located in the continental bloc.No EU-Resident Clients under the UK UnitThe move came as the UK unit could no longer advertise its products and services following Britain’s exit from the European Union.“Whilst EU-resident clients are able to be onboarded and serviced on a reverse solicitation basis as prescribed by the European Securities and Markets Authority…
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Admirals UK Migrated EU-Resident Clients Out; 2024 Trading Volume Took a Hit
Arnab Shome
14:23
The UK unit of Admirals, a contracts for differences (CFDs) broker brand, has migrated accounts held by clients resident in the European Union to another operating company located in the continental bloc.No EU-Resident Clients under the UK UnitThe move came as the UK unit could no longer advertise its products and services following Britain’s exit
