The Standard Chartered-backed platform can now operate as a crypto broker in the UAE.
The new UAE unit is the fourth operating entity of Zodia.
Abu Dhabi Skyline
Zodia Markets, backed by Standard Chartered, has received a new operational license from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM). This allows the platform to operate as a crypto brokerage.
Announced today (Tuesday), the Financial Services Permission (FSP) has been granted to the locally formed Zodia Markets (AME) Limited.
Targeting the Middle East
“Digital asset adoption continues to accelerate across Africa and the Middle East (AME), which makes this the ideal time to deepen our presence in the region while reiterating our commitment to building in major financial hubs worldwide,” said Ayad Butt, Senior Executive Officer for Zodia’s UAE entity.
“It’s an exciting growth phase for us as new and existing clients alike will benefit from our global network, connectivity, and capability,” he added.
He further highlighted that Zodia is considering building a trading and innovation hub under the ADGM framework to offer services across markets globally.
Zodia Markets provides over-the-counter (OTC) trading services specifically for institutions. It supports over 50 digital assets and more than 20 fiat currencies. Recently, it also acquired Elwood Capital Management, a crypto company backed by hedge fund billionaire Alan Howard.
Apart from the UAE entity, the crypto platform is operated by three other entities in Jersey, Ireland, and the United Kingdom. All the entities offer the same digital asset solutions to clients.
A Favoured Jurisdiction for Crypto
Arvind Ramamurthy, ADGM’s Chief Market Development Officer; Photo: LinkedIn
Notably, several other crypto companies have also received approval from the Abu Dhabi regulator. Paxos, Binance, and eToro are among the names that have gained licenses from the ADGM in recent years.
“The robust regulatory framework at ADGM is designed to support firms like Zodia Markets, ensuring that their clients benefit from the highest levels of trust, security, and governance,” said Arvind Ramamurthy, ADGM’s Chief Market Development Officer.
“Their decision to establish a presence in ADGM underscores our commitment to fostering a vibrant, yet regulated environment for innovative financial services companies,” he explained.
Zodia Markets, backed by Standard Chartered, has received a new operational license from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM). This allows the platform to operate as a crypto brokerage.
Announced today (Tuesday), the Financial Services Permission (FSP) has been granted to the locally formed Zodia Markets (AME) Limited.
Targeting the Middle East
“Digital asset adoption continues to accelerate across Africa and the Middle East (AME), which makes this the ideal time to deepen our presence in the region while reiterating our commitment to building in major financial hubs worldwide,” said Ayad Butt, Senior Executive Officer for Zodia’s UAE entity.
“It’s an exciting growth phase for us as new and existing clients alike will benefit from our global network, connectivity, and capability,” he added.
He further highlighted that Zodia is considering building a trading and innovation hub under the ADGM framework to offer services across markets globally.
Zodia Markets provides over-the-counter (OTC) trading services specifically for institutions. It supports over 50 digital assets and more than 20 fiat currencies. Recently, it also acquired Elwood Capital Management, a crypto company backed by hedge fund billionaire Alan Howard.
Apart from the UAE entity, the crypto platform is operated by three other entities in Jersey, Ireland, and the United Kingdom. All the entities offer the same digital asset solutions to clients.
A Favoured Jurisdiction for Crypto
Arvind Ramamurthy, ADGM’s Chief Market Development Officer; Photo: LinkedIn
Notably, several other crypto companies have also received approval from the Abu Dhabi regulator. Paxos, Binance, and eToro are among the names that have gained licenses from the ADGM in recent years.
“The robust regulatory framework at ADGM is designed to support firms like Zodia Markets, ensuring that their clients benefit from the highest levels of trust, security, and governance,” said Arvind Ramamurthy, ADGM’s Chief Market Development Officer.
“Their decision to establish a presence in ADGM underscores our commitment to fostering a vibrant, yet regulated environment for innovative financial services companies,” he explained.
Arnab Shome is an electronics engineer-turned-financial editor. He holds a Bachelor of Technology from the National Institute of Technology, Agartala. He entered the retail trading industry about a decade ago, covering the cryptocurrency market for Finance Magnates, and later expanded his coverage to include forex and CFDs as well.
His work at Finance Magnates includes C-level interviews, data-driven analysis, opinion pieces, and scoops of industry exclusives. He also contributes to Finance Magnates’ quarterly industry report.
Area of coverage:
1. CFD broker-related news
2. Industry-related Regulatory updates and developments
3. New retail trading trends
4. Prop trading industry updates
5. Executive interviews
Education:
Bachelor of Technology - National Institute of Technology, Agartala (India)
Clarity Without Complacency: Why the SEC-CFTC Framework Is a Start, Not a Finish Line
Finance Magnates Awards 2026 – Nominations Now Open
Finance Magnates Awards 2026 – Nominations Now Open
The Finance Magnates Awards 2026 nominations are now open. 🏆
From fintech innovators to leading brokers, this is where the finance industry celebrates its biggest achievements.
Winners will be announced at the Cyprus Gala Dinner on November 6, 2026.
Nominate your brand now.
https://awards.financemagnates.com/?utm_source=linkedin&utm_medium=video&utm_campaign=nominations-open
#FMAwards #FinanceMagnates #FintechAwards #Fintech #FinanceIndustry
The Finance Magnates Awards 2026 nominations are now open. 🏆
From fintech innovators to leading brokers, this is where the finance industry celebrates its biggest achievements.
Winners will be announced at the Cyprus Gala Dinner on November 6, 2026.
Nominate your brand now.
https://awards.financemagnates.com/?utm_source=linkedin&utm_medium=video&utm_campaign=nominations-open
#FMAwards #FinanceMagnates #FintechAwards #Fintech #FinanceIndustry
Finance Magnates Awards 2026 | Nominations Now Open 🏆#Fintech #FMAwards #TradingIndustry
Finance Magnates Awards 2026 | Nominations Now Open 🏆#Fintech #FMAwards #TradingIndustry
Lights on. Cameras ready. 🎬
Finance Magnates Awards 2026 nominations are now open. 🏆
#FMAwards #FinanceMagnates #FintechAwards #Fintech
Lights on. Cameras ready. 🎬
Finance Magnates Awards 2026 nominations are now open. 🏆
#FMAwards #FinanceMagnates #FintechAwards #Fintech
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In this interview, you'll learn:
* Why Dubai and the MENA region are critical growth markets for fintech and online trading.
* How Exness is addressing the demands of mobile-first, younger traders through engineering, platform stability, and transparent conditions.
* The essential role local talent plays in providing a culturally relevant and compliant user experience.
* Mohammad Amer's outlook on the future of the online trading industry and why stronger controls and systems are necessary.
* Why "trust" isn't just a brand value, but has commercial value—and why he predicts 2026 will be the "Year of Trust."
Key Takeaways:
➡️ The MENA region is rapidly shaping global financial markets.
➡️ New traders expect stability, precise execution, and transparency.
➡️ Local expertise is key to regulatory compliance and user experience.
➡️ Future success belongs to firms capable of meeting rising standards across regulation and platform consistency.
Read the full article at: https://www.financemagnates.com/thought-leadership/exness-sees-trust-as-the-key-theme-for-growth-in-mena-trading-growth-for-2026/
#Exness #MENA #Trading #FinTech #Dubai #OnlineTrading #FinanceMagnates #MohammadAmer #Trust #MobileTrading
Mohammad Amer, Regional Commercial Director at Exness, sits down to discuss the booming MENA financial trading market. Find out why Dubai is key to the company's growth strategy, how a mobile-first generation is changing expectations, and why trust will be the defining theme for traders in 2026.
In this interview, you'll learn:
* Why Dubai and the MENA region are critical growth markets for fintech and online trading.
* How Exness is addressing the demands of mobile-first, younger traders through engineering, platform stability, and transparent conditions.
* The essential role local talent plays in providing a culturally relevant and compliant user experience.
* Mohammad Amer's outlook on the future of the online trading industry and why stronger controls and systems are necessary.
* Why "trust" isn't just a brand value, but has commercial value—and why he predicts 2026 will be the "Year of Trust."
Key Takeaways:
➡️ The MENA region is rapidly shaping global financial markets.
➡️ New traders expect stability, precise execution, and transparency.
➡️ Local expertise is key to regulatory compliance and user experience.
➡️ Future success belongs to firms capable of meeting rising standards across regulation and platform consistency.
Read the full article at: https://www.financemagnates.com/thought-leadership/exness-sees-trust-as-the-key-theme-for-growth-in-mena-trading-growth-for-2026/
#Exness #MENA #Trading #FinTech #Dubai #OnlineTrading #FinanceMagnates #MohammadAmer #Trust #MobileTrading
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#PaymentOrchestration #Fintech #Brokerage #TradingPayments #RaziSalih #Paytiko #iFXExpoDubai #Stablecoins #AIinFintech
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- Built-in risk management in Altima Prop
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Altima CTO Sunil Jadhav sits down with Finance Magnates to discuss the core technology challenges facing CFD brokers and proprietary trading firms today.
Jadhav explains how the industry's reliance on batch processing and fragmented systems (where CRMs, risk tools, and trading platforms operate with separate 'sources of truth') leads to delayed data and inconsistent operational decisions. He argues that real-time event processing is essential for managing fast-moving trading activity and risk.
Learn how Altima's unified, event-driven architecture, connecting Altima CRM, Altima Prop, IB systems, and risk management through a single backbone, is designed to provide synchronous data and better operational coordination for modern brokerage and prop firm stacks.
Key Topics:
- Broker and Prop Firm Data Challenges
- The problem of delayed data processing (batch processing vs. real-time events)
- Fragmented systems and conflicting data sources
- Altima's unified, event-driven solution architecture
- The concept of a "risk-aware CRM"
- Built-in risk management in Altima Prop
#Altima #financemagnates #iFXDubai #FinTech #BrokerTech #PropFirm #CFDBroker #TradingTechnology #RealTimeData #RiskManagement #CRM #FinancialMarkets #EventDrivenArchitecture
