IC Markets has become the latest forex and contracts for difference (CFDs) broker to obtain a regulatory license in Kenya, Finance Magnates has learned. The Capital Markets Authority (CMA) in Kenya granted the license to the locally registered IC Markets Kenya Limited. According to the Kenyan regulator, the IC Markets entity has been licensed to operate as a non-dealing online foreign exchange broker, similar to other such international retail brokers operating locally in the country. “The increasing demand for licenses in the intermediary sector in recent years is a positive emergence as it enhances competition, ... (full story)