In the countries where Hantec Markets operate, the following regulatory bodies play a role in authorising forex brokers and regulating the conduct of forex trading to protect traders from financial fraud. Hantec Markets is obligated to follow the guidelines set out by each regulator to operate in that country.
- United Kingdom – Financial Conduct Authority (FCA)
- Jordan – Jordan Securities Commission (JSC)
- Mauritius – The Financial Services Commission (FSC)
Major market participants
In a typical stock market, the buyer and seller in a transaction conduct their trades through an exchange—for example, the London (LSE) or New York (NYSE) stock exchanges. The exchange provides both the infrastructure to execute trades, and takes on a level of regulatory responsibility for ensuring that the rules and legality of trades are adhered to.
In Forex, the majority of transactions take place in the Over The Counter (OTC) market, which doesn’t operate through a centralised exchange system.
The major participants in this market are:
- Commercial banks
- Investment banks
- Central Banks
- Businesses conducting international business transactions
- Hedge funds
- Pension and mutual funds
- Insurance companies
- Forex brokers like Hantec Markets