AETOS Gains Regulatory License in the Cayman Islands

Wednesday, 23/06/2021 | 09:46 GMT by Arnab Shome
  • The broker is regulated in the United Kingdom, Australia and Vanuatu.
AETOS Gains Regulatory License in the Cayman Islands
Cayman Islands

AETOS Capital Group Holdings Limited, an FX and CFDs trading services provider, has gained a new regulatory business license from the Cayman Islands Monetary Authority.

Announced earlier this week, the Securities Investment Business license has been awarded on June 14 to the locally incorporated AETOS Capital Group International Ltd, which is a wholly-owned subsidiary of the AETOS group.

Established in 2007, AETOS already holds operational licenses from regulators in the United Kingdom, Australia and Vanuatu. It offers services to both retail and professional traders and has a reach to a wide global client base.

AETOS Capital Group Chairman commented: “We are very delighted to share this great news with our customers and partners in different jurisdictions. The new license from CIMA is an acknowledgement, and the recognition from an international regulator which is well known for its strict rules and effective supervision of financial institutions.”

Strengthening Global Operations

With the addition of the new license, the broker is poised to strengthen its regulatory profile and global reach. The Group further detailed that it is determined to reinforce its pan-European operation and service.

“Following the granting of CIMA license, AETOS Capital Group will further expand its global presence to execute the best practice and professionalism to the highest extent for more investors,” the Chairman added.

Lately, several other retail brokers have gained additional licenses to bolster their global operations. Finance Magnates recently reported that Global Kapital, which operates the GKFX broker brand, entered the United States with the Acquisition of a FINRA-licensed broker-dealer. Furthermore, Aussie broker TMGM gained a license from the New Zealand regulator, thus expanding its reach in the region.

AETOS Capital Group Holdings Limited, an FX and CFDs trading services provider, has gained a new regulatory business license from the Cayman Islands Monetary Authority.

Announced earlier this week, the Securities Investment Business license has been awarded on June 14 to the locally incorporated AETOS Capital Group International Ltd, which is a wholly-owned subsidiary of the AETOS group.

Established in 2007, AETOS already holds operational licenses from regulators in the United Kingdom, Australia and Vanuatu. It offers services to both retail and professional traders and has a reach to a wide global client base.

AETOS Capital Group Chairman commented: “We are very delighted to share this great news with our customers and partners in different jurisdictions. The new license from CIMA is an acknowledgement, and the recognition from an international regulator which is well known for its strict rules and effective supervision of financial institutions.”

Strengthening Global Operations

With the addition of the new license, the broker is poised to strengthen its regulatory profile and global reach. The Group further detailed that it is determined to reinforce its pan-European operation and service.

“Following the granting of CIMA license, AETOS Capital Group will further expand its global presence to execute the best practice and professionalism to the highest extent for more investors,” the Chairman added.

Lately, several other retail brokers have gained additional licenses to bolster their global operations. Finance Magnates recently reported that Global Kapital, which operates the GKFX broker brand, entered the United States with the Acquisition of a FINRA-licensed broker-dealer. Furthermore, Aussie broker TMGM gained a license from the New Zealand regulator, thus expanding its reach in the region.

About the Author: Arnab Shome
Arnab Shome
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About the Author: Arnab Shome
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)
  • 7315 Articles
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