Admirals Group AS announced that its subsidiary, Admirals MENA Limited in the United Arab Emirates, has requested the cancellation of its Financial Services Permission from the Financial Services Regulatory Authority.

Join IG, CMC, and Robinhood at London’s leading trading industry event!

Meanwhile, Admirals is selling its Australian subsidiary as part of a plan to optimise its geographic focus. The company said it has entered into an agreement with an unrelated party for the sale. The Australian entity is a wholly owned subsidiary of Admirals Group AS, the Estonian parent company that oversees several entities operating under the Admirals brand.

Admirals Cancels UAE License

The FSP covered the regulated activity of Dealing in Investments as Principal. The FSRA approved the cancellation, effective 4 November 2025. Admirals said the cancellation is part of its broader effort to focus resources on regions with higher growth potential.

• Finfluencer Receives First Custodial Sentence in Hong Kong for Unlicensed Telegram Advice
• XTB Halts New Accounts in Brazil After Ending Local Partnership
• Retail Traders Flock to Prediction Platforms: Kalshi Hits $4.4 Billion Volume in October

In 2023, the company also announced plans to merge with its Estonian subsidiary, Admirals Markets AS, and to withdraw that entity’s investment company license as part of the merger Merger A merger is defined as the absorption of the interest of another. It can include an estate, or contract. There are no specific rules or formats for a union in general. It is a method of combining two or more organizations, business concerns, or other related interests. The terms of a merger are usually by agreement of the parties involved. In the financial sphere, merger refers to an agreement between two or more companies or corporations, public and private, to merge into one entity. Mergers d A merger is defined as the absorption of the interest of another. It can include an estate, or contract. There are no specific rules or formats for a union in general. It is a method of combining two or more organizations, business concerns, or other related interests. The terms of a merger are usually by agreement of the parties involved. In the financial sphere, merger refers to an agreement between two or more companies or corporations, public and private, to merge into one entity. Mergers d Read this Term.

AMTS Solutions Management Acquires Majority Stake from Admirals

Recently, AMTS Solutions, long associated with Admirals Group AS, took a step toward independence after its management team acquired a majority stake. Led by Dmitry Rannev, co-founder Vitaly Myrsikov, and technical director Yuri Kovalenko, the buyout gives AMTS full control over operations, with Rannev holding 33% and Myrsikov 5%. Financial details of the deal were not disclosed.

The company is shifting focus from primarily serving Admirals to expanding its client base and offering trading technology to a wider market. Key initiatives include a new web application for broker account administration and an aggregated liquidity pool under RannForex’s FSA license.

AMTS also continues to develop its software stack, supporting multiple liquidity providers Liquidity Providers A liquidity provider (LP) constitutes an individual and/or an institution that functions as a market maker in a given asset class. Broadly speaking, liquidity providers will act as both the buyer and seller of a particular asset, thus making a market. In the equities space, many stock exchanges rely on liquidity providers who make the commitment to provide liquidity in a given equity. These liquidity providers commit to providing liquidity in the hopes that they will be able to make a profit on A liquidity provider (LP) constitutes an individual and/or an institution that functions as a market maker in a given asset class. Broadly speaking, liquidity providers will act as both the buyer and seller of a particular asset, thus making a market. In the equities space, many stock exchanges rely on liquidity providers who make the commitment to provide liquidity in a given equity. These liquidity providers commit to providing liquidity in the hopes that they will be able to make a profit on Read this Term, flexible execution models, risk management systems, and advanced order execution features. With nearly two decades of experience, the firm aims to attract brokers with competitive pricing and operational efficiency, positioning itself for growth in the trading technology sector.