Fx Trading:Ava FX receives ASIC approval, launches Australian office
Article Summary:
Ava FX receives ASIC approval, launches Australian officeby Michael Greenberg at Forex MagnatesAva FX just announced that it was authorized by ASIC to start operating in Australia. Ava Capital Markets Australia will offer Ava’s trading services to local
Article Content:
Ava FX receives ASIC approval, launches Australian officeby Michael Greenberg at Forex MagnatesAva FX just announced that it was authorized by ASIC to start operating in Australia. Ava Capital Markets Australia will offer Ava’s trading services to local and Asian traders. Australia has quickly become a major center for forex brokers trying to tap the Asian markets. As operating in China is forbidden (more or less) and Hong Kong license is both limiting and expensive, Australia stands out as the only stable location for forex brokers looking both for sane regulation and ability to support Asian clients in their time zones. Australia also offers a highly advanced capital markets climate and multilingual staff which helps run operations smoothly.
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