Countries Trading via Online Foreign Exchanges

Here are some countries where a lot of transactions happen but trading is done online via foreign exchanges. The way they operate should explain why some people from certain countries can enjoy the privilege of playing on new casino sites, while others are limited in their access, if they have any access at all.


The prime broker in Singapore is SGX. SGX is the best global exchange for currencies and stocks. Although it has suffered substantial trading declines and is facing competition from EBS and LCH, the bourse retains a considerable market share and its stock exchange remains the most active in Asia. Hong Kong and London also conduct numerous currency transactions.


The best venue to conduct currency transactions is the Bank of England’s FX Alternative Reference Rates (ARRR) platform. The exchange uses real-time pricing through the Foreign Exchange Market Committee (FEMC) and pricing is maintained by the Bank of England. The UK regulator is the Financial Conduct Authority (FCA). The trading also takes place via the UK Foreign Exchange Clearing Company (FECC) on the ICE exchange. The exchange uses settlement services provided by Depository Trust & Clearing Corporation. Since the Central Bank of Ukraine is based in Kiev, the regulator is the National Bank of Ukraine.


The Central Bank of Ghana operates a swap facility via the Nationwide Investor’s Depository Account (NIDDA). It issues certificates of deposit that enable investors to earn interest through the bank. Its different currencies include Ghanaian-Dollar, Ghanaian Pound, Ghanaian Cocoa and Ghanaian Gold. The Ghanaian currency is not actually convertible as it is pegged at 1:1 with the British Pound.


The Bucharest Stock Exchange is also a member of FINEX. It serves both domestic and international investors. Foreign investors have access to Romanian equity exchanges as long as they have good transaction reporting records. The exchange is headquartered in the capital of Romania and is also located in Bucharest. Trading is conducted electronically. The platforms are not centralized and their trading is centralized through Telekom Romania and PSBank. The bourse is not a member of BSEC or EFSE but it is regulated by Romanian regulators.


The Uganda Stock Exchange (USE) is a member of ASE. It was created to facilitate both domestic and international trading. The Ugandan stock exchange is located in the commercial capital of Kampala. Foreign investors are also allowed to trade the stock exchange’s primary currencies, Ugandan Shillings and US Dollar, as long as they have good transaction records. The Uganda Stock Exchange is not regulated by Uganda’s National Financial Services Regulatory Authority. The Uganda Securities Exchange was established in 1995 and is located in Kampala, Uganda. It is owned by the Central Bank of Uganda (CBO).

Aftonbladet (Sweden)

The Aftonbladet exchange is operated by FINEX. It has a relatively small market share but has established trading facilities for international investors. However, it does not have any regulation of foreign traders and its listing is mostly based on capital contributions. It was founded in 1997.


The Indonesia Stock Exchange is a member of FINEX. Its three stock exchanges are part of FINEX. The Indonesian exchange also serves investors who have an overseas account. The Indonesian exchange is divided into the Jakarta Stock Exchange (JSX), Bursa Malaysia Bhd and Bursa Indonesia (BI). The Bursa Malaysia Bureaus operates all of Malaysia’s stock exchanges while the Jakarta Stock Exchange is a member of BSEC. The Jakarta Stock Exchange is open for both domestic and foreign traders.

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