RoboMarkets Becomes Official Partner of BMW M Motorsport
- The FX and CFD broker will support the company in the 2019 DTM season.
RoboMarkets, a foreign exchange (forex) broker licensed in Cyprus, has yet again expanded its presence in the sporting world, by announcing that it has become the official partner of BMW M Motorsport for the DTM (Deutsche Tourenwagen Masters).
As part of the agreement, for the upcoming DTM season, Swedish BMW works driver Joel Eriksson will compete to win in the brand new #47 BMW M4 DTM racing car. As he competes, there will be “prominent RoboMarkets brand appearance” the statement said.
For those who aren’t familiar with the event, the 2019 DTM season consists of 18 races in total and commences on May 4. The tournament will start in Hockenheim, Germany before moving on to other cities in Germany, Belgium, Italy, Netherlands, and the United Kingdom.
Commenting on the sponsorship, Konstantin Rashap, CBO at RoboMarkets: “We’re very proud to become an official partner of BMW M Motorsport, a team with outstanding history and winning traditions.
“RoboMarkets highly appreciates the commitment to excellence and willingness to compete for the best results, and the BMW M Motorsport team represents these values perfectly. Our partnership will enhance RoboMarkets brand awareness in Europe. We wish BMW M Motorsport team success in the new season and the achievement of all goals at each stage of the DTM series.”
RoboMarkets Continues to Use Sports Sponsorships for Branding
Sports sponsorships are a popular way for companies to expand their exposure. This tactic has long been used by FX and CFD brokers, like RoboMarkets. The strategy is also increasingly being used by cryptocurrency firms.
In fact, the CySEC CySEC The Cyprus Securities and Exchange Commission (CySEC) is a financial regulatory authority of Cyprus. CySEC is one of the key watchdog authorities for brokerages in Europe, whose financial regulations and operations comply with the European MiFID financial harmonization law.Founded in 2001, CySEC is instrumental in providing licensing and registration for forex brokers and previously binary options providers.CySEC is responsible for a variety of different functions, which includes the supervision and control of the Cyprus Stock Exchange as well as transactions executed in the Stock Exchange, its listed companies, brokers and brokerage firms.Furthermore, the regulator also supervises and monitors Licensed Investment Services Companies, Collective Investment funds, investment consultants. and mutual fund management companies.CySEC’s Role in Combatting Market AbuseOne of CySEC’s most important functions is the granting of operation licenses to investment firms, including investment consultants, brokerage firms and brokers. This includes provisions for Cyprus Investment Firms (CIF), who provide and perform investment services and activities either within Cyprus or abroad on a professional basis on certain financial instruments.Finally, CySEC oversees the imposition of administrative sanctions and disciplinary penalties to brokers, brokerage firms, and investment consultants, among others. The group has been a key force in policing the forex and binary options space, which has included several legal actions and curb market abuse. Since 2016, CySEC has sought to take a more aggressive stance against illicit behavior, while also strengthening its handling of investor complaints against entities. CySEC is currently chaired by Demetra Kalogerou, who has held the role since 2011.The CySEC is administered by a seven-member Board, which consist of the Chairman and Vice-Chairman, each of whom provide their services on a full and exclusive employment basis, and five additional non-executive members.All individuals on CySEC’s Board are appointed by the Council of Ministers following a proposal of the Minister of Finance. Their service reflects a five-year term. The Cyprus Securities and Exchange Commission (CySEC) is a financial regulatory authority of Cyprus. CySEC is one of the key watchdog authorities for brokerages in Europe, whose financial regulations and operations comply with the European MiFID financial harmonization law.Founded in 2001, CySEC is instrumental in providing licensing and registration for forex brokers and previously binary options providers.CySEC is responsible for a variety of different functions, which includes the supervision and control of the Cyprus Stock Exchange as well as transactions executed in the Stock Exchange, its listed companies, brokers and brokerage firms.Furthermore, the regulator also supervises and monitors Licensed Investment Services Companies, Collective Investment funds, investment consultants. and mutual fund management companies.CySEC’s Role in Combatting Market AbuseOne of CySEC’s most important functions is the granting of operation licenses to investment firms, including investment consultants, brokerage firms and brokers. This includes provisions for Cyprus Investment Firms (CIF), who provide and perform investment services and activities either within Cyprus or abroad on a professional basis on certain financial instruments.Finally, CySEC oversees the imposition of administrative sanctions and disciplinary penalties to brokers, brokerage firms, and investment consultants, among others. The group has been a key force in policing the forex and binary options space, which has included several legal actions and curb market abuse. Since 2016, CySEC has sought to take a more aggressive stance against illicit behavior, while also strengthening its handling of investor complaints against entities. CySEC is currently chaired by Demetra Kalogerou, who has held the role since 2011.The CySEC is administered by a seven-member Board, which consist of the Chairman and Vice-Chairman, each of whom provide their services on a full and exclusive employment basis, and five additional non-executive members.All individuals on CySEC’s Board are appointed by the Council of Ministers following a proposal of the Minister of Finance. Their service reflects a five-year term. Read this Term-regulated broker has a suite of sports partnerships. As Finance Magnates reported, the company signed an official partnership agreement with the Lithuanian Basketball Club Žalgiris. Per this agreement, the broker will be an official sponsor of the basketball team in the Lithuanian Basketball League (LKL) during the 2018/2019 season which will commence in September this year.
RoboMarkets, a foreign exchange (forex) broker licensed in Cyprus, has yet again expanded its presence in the sporting world, by announcing that it has become the official partner of BMW M Motorsport for the DTM (Deutsche Tourenwagen Masters).
As part of the agreement, for the upcoming DTM season, Swedish BMW works driver Joel Eriksson will compete to win in the brand new #47 BMW M4 DTM racing car. As he competes, there will be “prominent RoboMarkets brand appearance” the statement said.
For those who aren’t familiar with the event, the 2019 DTM season consists of 18 races in total and commences on May 4. The tournament will start in Hockenheim, Germany before moving on to other cities in Germany, Belgium, Italy, Netherlands, and the United Kingdom.
Commenting on the sponsorship, Konstantin Rashap, CBO at RoboMarkets: “We’re very proud to become an official partner of BMW M Motorsport, a team with outstanding history and winning traditions.
“RoboMarkets highly appreciates the commitment to excellence and willingness to compete for the best results, and the BMW M Motorsport team represents these values perfectly. Our partnership will enhance RoboMarkets brand awareness in Europe. We wish BMW M Motorsport team success in the new season and the achievement of all goals at each stage of the DTM series.”
RoboMarkets Continues to Use Sports Sponsorships for Branding
Sports sponsorships are a popular way for companies to expand their exposure. This tactic has long been used by FX and CFD brokers, like RoboMarkets. The strategy is also increasingly being used by cryptocurrency firms.
In fact, the CySEC CySEC The Cyprus Securities and Exchange Commission (CySEC) is a financial regulatory authority of Cyprus. CySEC is one of the key watchdog authorities for brokerages in Europe, whose financial regulations and operations comply with the European MiFID financial harmonization law.Founded in 2001, CySEC is instrumental in providing licensing and registration for forex brokers and previously binary options providers.CySEC is responsible for a variety of different functions, which includes the supervision and control of the Cyprus Stock Exchange as well as transactions executed in the Stock Exchange, its listed companies, brokers and brokerage firms.Furthermore, the regulator also supervises and monitors Licensed Investment Services Companies, Collective Investment funds, investment consultants. and mutual fund management companies.CySEC’s Role in Combatting Market AbuseOne of CySEC’s most important functions is the granting of operation licenses to investment firms, including investment consultants, brokerage firms and brokers. This includes provisions for Cyprus Investment Firms (CIF), who provide and perform investment services and activities either within Cyprus or abroad on a professional basis on certain financial instruments.Finally, CySEC oversees the imposition of administrative sanctions and disciplinary penalties to brokers, brokerage firms, and investment consultants, among others. The group has been a key force in policing the forex and binary options space, which has included several legal actions and curb market abuse. Since 2016, CySEC has sought to take a more aggressive stance against illicit behavior, while also strengthening its handling of investor complaints against entities. CySEC is currently chaired by Demetra Kalogerou, who has held the role since 2011.The CySEC is administered by a seven-member Board, which consist of the Chairman and Vice-Chairman, each of whom provide their services on a full and exclusive employment basis, and five additional non-executive members.All individuals on CySEC’s Board are appointed by the Council of Ministers following a proposal of the Minister of Finance. Their service reflects a five-year term. The Cyprus Securities and Exchange Commission (CySEC) is a financial regulatory authority of Cyprus. CySEC is one of the key watchdog authorities for brokerages in Europe, whose financial regulations and operations comply with the European MiFID financial harmonization law.Founded in 2001, CySEC is instrumental in providing licensing and registration for forex brokers and previously binary options providers.CySEC is responsible for a variety of different functions, which includes the supervision and control of the Cyprus Stock Exchange as well as transactions executed in the Stock Exchange, its listed companies, brokers and brokerage firms.Furthermore, the regulator also supervises and monitors Licensed Investment Services Companies, Collective Investment funds, investment consultants. and mutual fund management companies.CySEC’s Role in Combatting Market AbuseOne of CySEC’s most important functions is the granting of operation licenses to investment firms, including investment consultants, brokerage firms and brokers. This includes provisions for Cyprus Investment Firms (CIF), who provide and perform investment services and activities either within Cyprus or abroad on a professional basis on certain financial instruments.Finally, CySEC oversees the imposition of administrative sanctions and disciplinary penalties to brokers, brokerage firms, and investment consultants, among others. The group has been a key force in policing the forex and binary options space, which has included several legal actions and curb market abuse. Since 2016, CySEC has sought to take a more aggressive stance against illicit behavior, while also strengthening its handling of investor complaints against entities. CySEC is currently chaired by Demetra Kalogerou, who has held the role since 2011.The CySEC is administered by a seven-member Board, which consist of the Chairman and Vice-Chairman, each of whom provide their services on a full and exclusive employment basis, and five additional non-executive members.All individuals on CySEC’s Board are appointed by the Council of Ministers following a proposal of the Minister of Finance. Their service reflects a five-year term. Read this Term-regulated broker has a suite of sports partnerships. As Finance Magnates reported, the company signed an official partnership agreement with the Lithuanian Basketball Club Žalgiris. Per this agreement, the broker will be an official sponsor of the basketball team in the Lithuanian Basketball League (LKL) during the 2018/2019 season which will commence in September this year.