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FXVV Capital Markets Ltd (FXVV) is an investment house incorporated in New Zealand under the Companies Act 1993 and regulated by the FMA New Zealand ( Financial Markets Authority ) and authorised by FSPR ( Financial Service Provider Register ) as a Financial Services and membership with the FDR NZ ( Financial Dispute Resolution ).  FXVV offers spot online foreign exchange trading to a client base that ranges from financial institutions through to private individuals.

FXVV is headquartered in Auckland, New Zealand with service centers throughout the world.

The Financial Markets Authority enforces securities, financial reporting, and company law as they apply to financial services and securities markets.

Regulate securities exchanges, financial advisers and brokers, trustees and issuers - including issuers of KiwiSaver and superannuation schemes. Shortly we will also regulate auditors.
Efficient financial markets are critical to achieving economic and social goals. They ensure investment finance reaches productive firms - helping them to grow, and create employment and wealth. Efficient financial markets also offer investors the opportunity to create diversified portfolios that can achieve their personal financial goals, including a comfortable retirement.

FMA's role is not to direct investors' capital or remove risk from investing. No regulator can prevent all loss. We can, however, promote investment markets that are fair, efficient and transparent.

 

The FSPR is part of the government’s financial sector regime that aims to provide greater accountability and transparency. Under the new regime, a wide range of financial service providers (FSPs) need to be registered to legally provide financial services.

The Financial Service Providers (Registration and Dispute Resolution) Act 2008 ('the Act') was passed into law on 29 September 2008.
  • Provide an electronic register of FSPs, as mandated by the Financial Service Providers (Registration and Dispute Resolution) Act 2008;
  • Increase the level of transparency of public information related to FSPs, their licensed services and their related dispute resolution schemes;
  • Ensure certain people are prevented from being involved in the management of FSPs, such as those with specific criminal convictions;
  • Assist New Zealand to comply with its international obligations to prevent money laundering and the financing of terrorism;
  • Provide a ‘one stop shop’ to enable Financial Service Providers to meet registration and authorisation requirements via a single web page.

 

FDR was established by the Government as part of a new regime to provide greater accountability and transparency in the financial sector. Under the regime, a wide range of Financial Service Providers (FSPs) must be registered to legally provide financial services. In order to register FSPs must be members of an external dispute resolution service, one of which is FDR.

Financial service providers giving services and advice to the public must be on the Financial Service Providers Register (operated by the Companies Office) by 1 December 2010. One of the requirements of registration is membership of an external dispute resolution scheme.

A few financial service and advice providers will not have to join a dispute resolution scheme however. These are:

  • FSPs that only deal with wholesale clients
  • Financial advisers who are employed by a registered FSP, and
  • Financial advisers who are nominated representatives of a Qualifying Financial Entity (QFE).

 

Pair Bid/Ask Min.
spreads
USD/JPY 1.3710 / 1.2345 0.8
USD/JPY 1.3710 / 1.2345 0.8
USD/JPY 1.3710 / 1.2345 0.8
USD/JPY 1.3710 / 1.2345 0.8
USD/JPY 1.3710 / 1.2345 0.8
USD/JPY 1.3710 / 1.2345 0.8
USD/JPY 1.3710 / 1.2345 0.8
USD/JPY 1.3710 / 1.2345 0.8

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