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Screenshot of a breaking news alert e-mail from Q2 2017
Online trading services provider AT Global Markets Limited (ATFX) has announced that its AT Capital Markets subsidiary has received its license and is now regulated by FSRA (Financial Services Regulatory Authority) in Abu Dhabi Global Market (ADGM). The company stated that this is a milestone in its commitment to offering a world class services to its clients in all parts of the world.
ATFX’s license permits the company to Deal in Investments as Principal (only as Matched Principal) and Arranging Deals in Investments to Professional Clients.
ADGM is an International Financial Centre located in Abu Dhabi, the capital of the United Arab Emirates (UAE). ADGM aims to ensure that financial service providers operating in the UAE work with the best interests of their clients in mind, while following international standards and best practices.
ADGM has three independent Authorities: the Financial Services Regulatory Authority (FSRA), the Registration Authority and the ADGM Courts.
The FSRA is the financial regulatory body in ADGM; ADGM’s Financial Services Regulatory Authority (FSRA) is committed to operating a fair, efficient and responsive regulatory environment for its market participants and stakeholders both in the UAE and internationally.
Receiving the license from this regulatory body provides ATFX with a strong foundation in launching its services in the Middle East and opening its first office in the region. The company said that it has been working on customising its services for the Middle East market. It launched its Arabic Language website to personalise the process of its online trading platform for Middle Eastern Clientele where the company will be offering a 24/5 localised multilingual support. This will make it comfortable for clients to access assistance in the languages they are most comfortable with. ATFX said it has carefully handpicked a team of international experienced financial staff to support the company in achieving its objectives.
ATFX participated in the 13th Jordan Forex Expo (JFEX) 2018, as a first step to entering the financial markets in the Middle East. ATFX intends to participate in a number of these events in the region.