FDCTech Inc buys a controlling stake in Malta-based online brokerage firm NSFX Ltd through parent company New Star Capital Trading Ltd
FDCTech (OTCQB:FDCT) Inc. has acquired a majority interest in an online trading brokerage firm by completing a purchase sale agreement with its parent company based in the British Virgin Islands.
FDCTech (OTCQB:FDCT) purchased a 50.1% interest in New Star Capital Trading Ltd and its operating subsidiary, NSFX Ltd. NSFX, the brokerage firm, is regulated by the Malta Financial Services Authority (MFSA).
NSFX is authorized to deal on its own account as a Category 3 licensed entity by the MFSA, receiving and transmitting orders on behalf of retail and professional clients and holding and controlling clients’ money and assets, said the the company.
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NSFX trading platform services in English, French, German, Italian and Arabic speaking markets, and clients can trade in currency, commodity, equity and derivatives linked to -crypto-currency in real time.
FDCTch develops and delivers a complete set of technological infrastructure solutions for forex, crypto, wealth management, and other future-proof financial sectors.
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