Central Bank revokes licences of major forex dealers - page 11
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Only when large amounts of currency are actually exchanged.
You apparently don't know what you are talking about. Talking to fools with the ultimate truth-knowledge syndrome is not worth your time. Goodbye, then.
By definition, a CC is not an intermediary, but deals with a client on its own behalf
DCs are intermediaries between liquidity providers (large OTC market participants) and retail clients. The exchange meaning of "intermediary" has nothing to do with it
DCs are intermediaries between liquidity providers (large OTC market participants) and retail clients. The exchange meaning of "intermediary" has nothing to do with it
DCs are not participants of the financial market, and they are certainly not intermediaries. This is a definition from Russian law.
You apparently don't know what you're talking about. Talking to fools with the ultimate truth-knowledge syndrome is not worth your time. Goodbye poet.
Thank you, that reminds me.) Stick to your delusions.
A broker, by definition, is not an intermediary, but deals with the client in his own name.
DCs are not participants in the financial market, and they are certainly not intermediaries. This is a definition from Russian law.
What does Russian law have to do with it? You are even now on the website of a company which has nothing to do with the jurisdiction of the Russian Federation. And still the same naivety in the head
What does Russian law have to do with it? You are even now on the website of a company which has nothing to do with the jurisdiction of the RF. And all the same naivety in the mind.
Read the title of the thread ) A financial intermediary is a broker; brokering is banned in Russia, as far as I understand.
i forgot the thread title... there was a representative of dc on the forum who discussed this
methaquotes just provide the software, they do not care what kind of organisation
read the title of the topic ) A financial intermediary is a broker; brokering is banned in Russia, as far as I understand
i forgot the thread title... there was a representative of dc on the forum who discussed this
methaquotes just provide the software, they do not care what kind of organisation
And nevertheless big forex DTs are intermediaries between liquidity providers and retail clients. Not according to the RF legislation, which they do not care about, but according to the fact.
And yet the large forex brokerages are intermediaries between liquidity providers and retail clients. Not according to RF legislation, which they do not care about, but according to the fact.
DeCs are authorized to work only under the RF legislation, there are no DeCs outside RF. In fact the DeC is not authorized to be an intermediary and never was. I am sick and tired of writing the same thing.
And yet the large forex brokerages are intermediaries between liquidity providers and retail clients. Not under Russian law, which they do not care about, but in fact.
I did some research for you
http://www.consultant.ru/document/cons_doc_LAW_10148/932da3de5ecada792daeb5eed1e3b1e88778b4fc/
First give a description of what is meant by the word "pyramid".
Translate from English Ponzi (Ponzi , USA) articles and substitute their own words with clauses in their existing articles. For example FIU (and almost all pensions in the CIS are Ponzi) according to Ponzi is a pyramid - bees vs honey? ;)