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Trade360 Operator Surrenders Australia License amid ASIC Investigation

Trade360 Operator Surrenders Australia License amid ASIC Investigation

The company breached licensing obligations.

The regulator also banned two executives of the OTC derivatives operator.

The Australian Securities and Investments Commission (ASIC) announced on Thursday that over-the-counter (OTC) derivatives provider Sirius Financial Markets Pty Ltd, which operates under the brand Trade360, has surrendered its Australian Financial Services license.

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