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GXG Markets

Controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

Back to profile2 entries

  1. 2015

    Danish regulatory action over market controls

    The Danish Financial Supervisory Authority alleged that GXG repeatedly and seriously failed to comply with its own rules and internal guidelines. The regulator assessed that GXG had not operated its regulated market and MTF adequately and that its licenses should be withdrawn.

  2. 2015

    Claims alleging losses and fraud facilitation

    At least one group reportedly filed legal claims against GXG and chairman Carl-Johan Hogbom, alleging that the market facilitated fraud and seeking compensation for direct losses reported at approximately €50 million. The final legal outcome is not established in the supplied material.