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Source: Bundesanstalt für Finanzdienstleistungsaufsicht

Premium Service ECN GmbH accepts funds from private persons on its own accounts for the sole purpose of transferring these funds to mainly foreign accounts of companies based abroad. Among these companies are the operators of unlicensed trading platforms as www.tradedax.com.

The administrative order is immediately effective and enforceable though it may still be subject to judicial review.

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