GAIN Capital UK planned to surrender its FCA licence after a Dubai operating-licence transition, but StoneX said the move would not remove FOREX.com's UK presence. The timing was uncertain and the report described an entity-level restructuring, not an immediate client migration.
Key points
- The licence surrender was planned rather than completed at publication time.
- StoneX said FOREX.com's UK presence would continue through another regulated entity.
What this means
FOREX.com clients and prospects affected by the entity, jurisdiction or permission described
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