JFD Opens Madrid Office, Adds Ignacio Albizuri Delclaux as MD

As part of its continued global expansion, JFD Group announced this Tuesday that it has set up a new office in Madrid to deliver its investment and trading services to Spanish-speaking countries and Portugal.

In addition to Spain and Portugal, the company plans to use its office in Madrid to expand its services to Latin America, a region with a population of more than 640 million people.

Despite tightening regulation in Europe in the retail trading space and market uncertainties, JFD outlines that it has not experienced “any significant slowdowns” to its business and has managed to “maintain a healthy business operation.” This, the firm states, has allowed the company to continue to expand into new regions.

JFD Group Appoints Ignacio Albizuri Delclaux to Lead Madrid Office

Leading the new office is Ignacio Albizuri Delclaux, who is the Managing Director of Iberia and the LATAM region as of May this year. Previously he was the Country Manager Iberia & Latam for GKFX.

Delclaux’s career in the financial industry spans more than a decade. During the past 13 years, he has worked at Societe Generale as the Head of Equity Derivatives Marketing & Sales Assistant and been the Business Development Manager for Fx Pro, among other roles.

Commenting on the new office, Delclaux said: “This is a great opportunity for JFD to reach new untapped markets and I am delighted to be part of the company, considered a leader in its sector with 40+ international awards to show.”

JFD provides multi-asset trading in Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term and contracts-for-difference (CFDs) on ETFs, Indices, Commodities, Cryptocurrencies Cryptocurrencies By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw Read this Term, and Bonds as well as commission-free stock trading, which will also be available for the firm’s Spanish and Portuguese clients.

Because of regulatory requirements, all JFD’s clients out of the Madrid office will have their funds kept in segregated accounts with banks such as Barclays and Wirecard AG.