Exclusive: Nick Cooke Starts FX and CFD Broker Zenfinex Limited

Nick Cooke, a professional within the finance industry with experience in the foreign exchange (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), contracts-for-difference (CFD) and equity sectors, has taken on a new venture - Zenfinex Limited, Finance Magnates has learned.

According to Cooke, the company was formed in November 2017 and regulated in March of this year. He is also the managing director of the firm. The company is an FX and CFD broker based in Surrey.

Speaking to Finance Magnates, Cooke said: "We are excited to be launching the new business under one of the most respected regulators in the industry, the FCA. Despite the industry becoming more challenging with ESMA changes, we are confident we can deliver a transparent and innovative STP offering to suit both retail and institutional traders."

According to the Financial Conduct Authority (FCA), Zenfinex (reference number: 816055) was granted authorization on March 11 this year. Cooke is the nominated contact person for the firm on the Financial Services Register.

On his profile, Cooke states that the company is: “a boutique brokerage catering to both retail and institutional clients offering customised pricing and Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term setups. Zenfinex is currently investing in new technology that we believe will set us apart from competition.”

Nick Cooke’s Professional Career

This is not the first venture for Cooke. In fact, since he left the London Capital Group (LCG) back in 2015, he has gone on to establish two other companies. The first was Global Markets Group Limited, which Cooke founded in 2015.

As highlighted on his LinkedIn profile, Cooke was the original founder of the firm in 2015. The company provides FX and CFD products to both retail and institutional investors. He worked as the managing director of the company until October of 2018.

In May of 2018, Cooke also founded and was the managing partner of NC12 Properties, a company which invests in property developments in London.

Prior to setting out on his own, Cooke was the Head of Private Client Sales & Partnerships at LCG from September 2014 until April of 2015, his LinkedIn states. Before this, he was employed at FXCM for almost six years.

He originally joined the firm in January of 2009 as an FX Associate, and then in October was promoted to a Senior FX Associate. In September of 2010, he moved into forex sales with his last position being Head of Retail (Australia) & Institutional Sales until August of 2014.