Owners of Avail Trading Corp (ATC) operating in Forex and Futures markets as an IB in the US, had just registered a UK-FCA authorised brokerage last August and recently appointed a new Chief Executive Officer to that entity.
Leaving a multi-billion dollar public company to join a smaller private firm that may be on the up-and-up is not always an easy choice but can be rewarding if the timing and conditions are right.
The latest such executive move occurred for Michael Mirarchi, previously Vice President of Citi's FX Prime Brokerage division, who has since left his post at the bank to join the newly FCA-regulated broker, ATC Brokers UK Ltd.
Newly Regulated FCA firm of the NFA Registered-IB ATC brand
The firm appears under common interest/ownership with the senior management behind the NFA regulated Avail Trading Corp (dba ATC Brokers) in the US, based in California.
Mr. David Manoukian, one of the co-founders of the US entity - is also listed with UK entity (as Director) according to information on the UK FCA financial service register - under the name ATC Brokers UK Ltd - which has just received authorization effective August 30, 2013.
Interestingly, while ATC Brokers' US business operates under the regulatory license of an Introducing Broker (IB), under Avail Trading Corp (dba ATC Brokers), since 2005, its registration with the FCA (through the separate entity) can be viewed as an evolutionary step from IB (for the US) to broker (in the UK) where it is able to hold and control Client Money (in the FCA entity-not the US one).
UK Business Availed along with New CEO, and UK Website to Follow
Forex Magnates' reporters reached out to the UK-listed phone number which redirected to a US staffed trade desk covering the European session, and was explained how while there is only website offering at the moment serving its customers - a new website for the UK entity will be launched as well.
After less than a month having joined as CEO, according to a description in a public LinkedIn profile for Mr. Mirarchi, and the recent approval of the UK entity's FCA status, it will be interesting to see what progress is made for the new regulatory hub under the company's brand name.
Regulatory Track Record in US, Helps Lay Groundwork for UK Obligations
With the approval of UK FCA, and experience as a regulated NFA IB for almost a decade, it appears that ATC could be well poised to grow its new venture in Europe, as the allure of non-US traders appeals to US-based brokers, and assuming that the firm already has a significant portion of its book of clients outside of the US to justify new direction.
Either way, the experience in running a sophisticated IB business (with white-labeled and branded platforms) more like a broker than as an IB - looks to have helped lay the ground work for the evolution of the brand's regulatory license additions.
This news follows the small fine for $10,000 by the NFA over a complaint in 2011 related to allegations in NFA's September 11, 2012 complaint, in connection with ATC's solicitation from ILQ to participate in a proprietary price feed concept.
According to the case document, during this time ATC had introduced one customer, whose account only had three mini-lots traded that resulted in a loss of $8.33, and ATC had voluntarily terminated the test with ILQ promptly after inquiry by NFA staff in August 2011, and subsequently denied the allegations NFA alleged in their response posted on the NFA website, related to Pure Ventures/ ILQ, and then came to a settlement with the regulator (on October 23, 2012) agreeing to the fine.
Leaving a multi-billion dollar public company to join a smaller private firm that may be on the up-and-up is not always an easy choice but can be rewarding if the timing and conditions are right.
The latest such executive move occurred for Michael Mirarchi, previously Vice President of Citi's FX Prime Brokerage division, who has since left his post at the bank to join the newly FCA-regulated broker, ATC Brokers UK Ltd.
Newly Regulated FCA firm of the NFA Registered-IB ATC brand
The firm appears under common interest/ownership with the senior management behind the NFA regulated Avail Trading Corp (dba ATC Brokers) in the US, based in California.
Mr. David Manoukian, one of the co-founders of the US entity - is also listed with UK entity (as Director) according to information on the UK FCA financial service register - under the name ATC Brokers UK Ltd - which has just received authorization effective August 30, 2013.
Interestingly, while ATC Brokers' US business operates under the regulatory license of an Introducing Broker (IB), under Avail Trading Corp (dba ATC Brokers), since 2005, its registration with the FCA (through the separate entity) can be viewed as an evolutionary step from IB (for the US) to broker (in the UK) where it is able to hold and control Client Money (in the FCA entity-not the US one).
UK Business Availed along with New CEO, and UK Website to Follow
Forex Magnates' reporters reached out to the UK-listed phone number which redirected to a US staffed trade desk covering the European session, and was explained how while there is only website offering at the moment serving its customers - a new website for the UK entity will be launched as well.
After less than a month having joined as CEO, according to a description in a public LinkedIn profile for Mr. Mirarchi, and the recent approval of the UK entity's FCA status, it will be interesting to see what progress is made for the new regulatory hub under the company's brand name.
Regulatory Track Record in US, Helps Lay Groundwork for UK Obligations
With the approval of UK FCA, and experience as a regulated NFA IB for almost a decade, it appears that ATC could be well poised to grow its new venture in Europe, as the allure of non-US traders appeals to US-based brokers, and assuming that the firm already has a significant portion of its book of clients outside of the US to justify new direction.
Either way, the experience in running a sophisticated IB business (with white-labeled and branded platforms) more like a broker than as an IB - looks to have helped lay the ground work for the evolution of the brand's regulatory license additions.
This news follows the small fine for $10,000 by the NFA over a complaint in 2011 related to allegations in NFA's September 11, 2012 complaint, in connection with ATC's solicitation from ILQ to participate in a proprietary price feed concept.
According to the case document, during this time ATC had introduced one customer, whose account only had three mini-lots traded that resulted in a loss of $8.33, and ATC had voluntarily terminated the test with ILQ promptly after inquiry by NFA staff in August 2011, and subsequently denied the allegations NFA alleged in their response posted on the NFA website, related to Pure Ventures/ ILQ, and then came to a settlement with the regulator (on October 23, 2012) agreeing to the fine.
Andreas Pilavakis Leaves FunderPro for COO Role at GOAT Funded Futures
CMC Markets’ Artur Delijergijevs on Metals Demand, Volatility, & Stable Execution
CMC Markets’ Artur Delijergijevs on Metals Demand, Volatility, & Stable Execution
In this exclusive Executive Interview, Finance Magnates speaks with Artur Delijergijevs, Head of Systematic Market Making at CMC Markets, about the current state of metals demand and market volatility.
Delijergijevs offers a desk-level view on:
- Metals Demand: Why metals are seeing the strongest demand from both retail and institutional clients right now.
- The Safe-Haven Debate: Questioning whether gold still fits the classic safe-haven definition given large daily price movements.
- Volatile Market Prep: How a market-making desk prepares its systems and pricing for stressed market conditions and high-impact economic events.
- Hybrid Execution: Why the best execution model combines electronic speed with human relationship support, especially during volatility.
- AI in Workflow: Where CMC Markets is integrating machine learning for risk management and pricing, and the limitations of AI during stressed markets.
- Dubai's Role: The strategic importance of Dubai’s location for covering global trading sessions across Asia, Europe, and the US.
Watch to understand how CMC Markets maintains stable pricing and reliable execution quality in high-volatility environments.
#CMCmarkets #forex #metals #gold #trading #volatility #MarketMaking #iFXDubai #FinanceMagnates #Finance #Fintech #Execution #AlgorithmicTrading #RiskManagement
In this exclusive Executive Interview, Finance Magnates speaks with Artur Delijergijevs, Head of Systematic Market Making at CMC Markets, about the current state of metals demand and market volatility.
Delijergijevs offers a desk-level view on:
- Metals Demand: Why metals are seeing the strongest demand from both retail and institutional clients right now.
- The Safe-Haven Debate: Questioning whether gold still fits the classic safe-haven definition given large daily price movements.
- Volatile Market Prep: How a market-making desk prepares its systems and pricing for stressed market conditions and high-impact economic events.
- Hybrid Execution: Why the best execution model combines electronic speed with human relationship support, especially during volatility.
- AI in Workflow: Where CMC Markets is integrating machine learning for risk management and pricing, and the limitations of AI during stressed markets.
- Dubai's Role: The strategic importance of Dubai’s location for covering global trading sessions across Asia, Europe, and the US.
Watch to understand how CMC Markets maintains stable pricing and reliable execution quality in high-volatility environments.
#CMCmarkets #forex #metals #gold #trading #volatility #MarketMaking #iFXDubai #FinanceMagnates #Finance #Fintech #Execution #AlgorithmicTrading #RiskManagement
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
Exness sees trust as the key theme for growth in MENA Trading Growth for 2026
Exness sees trust as the key theme for growth in MENA Trading Growth for 2026
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
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
Paytiko CEO Razi Salih on Why Payment Orchestration is a MUST-HAVE for Brokers in 2026
Paytiko CEO Razi Salih on Why Payment Orchestration is a MUST-HAVE for Brokers in 2026
At iFX Expo Dubai, Finance Magnates spoke with Razi Salih, CEO at Paytiko, about the evolution of the payments ecosystem and why payment orchestration has shifted from an option to a necessity for brokers, prop firms, and exchanges.
Mr. Salih explains how global expansion, the need for deep localisation, and the sheer number of new payment methods, from instant banking to stablecoins, are driving this critical infrastructure shift.
#PaymentOrchestration #Fintech #Brokerage #TradingPayments #RaziSalih #Paytiko #iFXExpoDubai #Stablecoins #AIinFintech
At iFX Expo Dubai, Finance Magnates spoke with Razi Salih, CEO at Paytiko, about the evolution of the payments ecosystem and why payment orchestration has shifted from an option to a necessity for brokers, prop firms, and exchanges.
Mr. Salih explains how global expansion, the need for deep localisation, and the sheer number of new payment methods, from instant banking to stablecoins, are driving this critical infrastructure shift.
#PaymentOrchestration #Fintech #Brokerage #TradingPayments #RaziSalih #Paytiko #iFXExpoDubai #Stablecoins #AIinFintech
