ILQ Australia has welcomed Holly FX Australia as its Corporate Authorised Representative, Finance Magnates has learned.
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ILQ Australia is an Australian Securities and Investments Commission (ASIC) registered financial firm with an Australian financial services licence (AFS). It is a B2B solution provider for introducing brokers (IBs), affiliates and white label firms offering liquidity, payment processing and risk management.
HollyFX is a China-focused MT4 broker offering trading on forex, gold and CFDs. According to its website, it cooperates with ILQ LLC on liquidity and remit security deposits to foreign countries, and it provides services in online trading of precious metal.
According to ASIC, an Australian financial services (AFS) licensee may appoint ‘authorised representatives’ to provide specified financial services on its behalf.
ILQ Australia welcomes Holly FX Australia as Corporate Authorised Representatives
HollyFX is part of the Holly Group, which offers a variety of financial services such as asset management, hedge funds and analyst training. It is the exclusive agent of Synergy Phoenix’s hedge funds, serving clients in Mainland China, Hong Kong and Macau. It also strategically cooperates with Swissquote to provide asset management services with special foreign exchange accounts.
Holly Group also boasts of being the sole holder of certificates for foreign exchange investment registered and certified by the Chinese government. These include junior, intermediate and senior certificates.
Source: Finance Magnates