Edgewater Markets, a technology provider for the FX industry, has announced that its subsidiary, Edgewater Markets Limited, has been granted a new license by the Financial Conduct Authority (FCA). This license strengthens its regulatory standing and allows it to operate in the United Kingdom with proper permissions.
Edgewater Markets Limited has received a license from FCA, which allows the company to offer a range of financial services in the UK. These services include liquidity provision, technology solutions, foreign exchange, non-deliverable forwards, commodities, and derivative products.
Emanuel Georgouras, who has been the Managing Director of Edgewater’s London office and Head of EMEA for a long time, has been appointed as the new Chief Executive of the newly regulated entity. Emanuel held positions at Axi as the Head of Derivatives and CFDs, as well as Head of Trading. He also worked at Marex Spectron and CMC Markets.
Obtaining the FCA license is a crucial moment for Edgewater Markets Limited. It allows the company to grow and serve a wider range of clients. The FCA is known for its strict rules and dedication to protecting investors, making it highly respected globally. This license confirms that Edgewater Markets Limited is a reliable and obedient participant in the financial sector.
President and founder of Edgewater, Alex Scarsini, said:
We are delighted to have obtained the FCA license, which underscores our commitment to operating with the utmost integrity, transparency, and adherence to regulatory standards. This license is a testament to our dedication to providing exceptional and diverse services to our clients and further solidifies our position as a leading global liquidity and technology provider.
Read more: CMC Connect and Lucera collaborate | Brokers Times
