Vantage FX Opens New Office in Malaysia
- The broker officially launched its Kuala Lumpur base of operations on Sunday
Retail broker Vantage FX has opened a new office in Malaysia. A source with knowledge of the matter told Finance Magnates that the broker opened the office last month but only announced its launch over the weekend. Malaysia is becoming an attractive jurisdiction for the retail brokerage industry. That’s because Labuan, a small island off the coast of eastern Malaysia, offers a more lenient regulatory regime than many other countries. Separate from mainland regulations, capital requirements are low, and executives do not have to live on the island. Surprisingly then, it seems that Vantage FX has not set up operations there. The firm lists its new office in the southeast Asian country as being in Kuala Lumpur, Malaysia’s capital city. And that new office was officially launched on Sunday.
Heading to Asia
The broker held an event at the Dorsett Hartamas Kuala Lumpur, a hotel and event space in the city, to mark the opening of the new office. That event was held in conjunction with WikiFX - a Chinese website that gauges whether or not a broker has a regulatory license. Aside from its offshore regulatory regime, mainland Malaysia is becoming an appealing place for foreign Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term brokers to do business. With European regulations clamping down on the Retail Trading Retail Trading In finance, retail trading refers to individual traders, trading through a broker, or on a platform. This can include novice traders and experienced traders. Trading and investing are divided into two categories, retail and institutional. Institutions include investment banks like JP Morgan or Citibank and global central banks like the US Federal Reserve and the European Central Bank. When we talk about retail trading however, we usually are referring to forex trading, but there are retail trade In finance, retail trading refers to individual traders, trading through a broker, or on a platform. This can include novice traders and experienced traders. Trading and investing are divided into two categories, retail and institutional. Institutions include investment banks like JP Morgan or Citibank and global central banks like the US Federal Reserve and the European Central Bank. When we talk about retail trading however, we usually are referring to forex trading, but there are retail trade Read this Term industry, firms are looking to emerging markets for new customers and lighter regulations. Southeast Asia is particularly attractive as people in the region are tech savvy and have increasing levels of disposable income. Over the past couple of years brokers, notably AvaTrade, have expressed interest in expanding into the region.
Retail broker Vantage FX has opened a new office in Malaysia. A source with knowledge of the matter told Finance Magnates that the broker opened the office last month but only announced its launch over the weekend. Malaysia is becoming an attractive jurisdiction for the retail brokerage industry. That’s because Labuan, a small island off the coast of eastern Malaysia, offers a more lenient regulatory regime than many other countries. Separate from mainland regulations, capital requirements are low, and executives do not have to live on the island. Surprisingly then, it seems that Vantage FX has not set up operations there. The firm lists its new office in the southeast Asian country as being in Kuala Lumpur, Malaysia’s capital city. And that new office was officially launched on Sunday.
Heading to Asia
The broker held an event at the Dorsett Hartamas Kuala Lumpur, a hotel and event space in the city, to mark the opening of the new office. That event was held in conjunction with WikiFX - a Chinese website that gauges whether or not a broker has a regulatory license. Aside from its offshore regulatory regime, mainland Malaysia is becoming an appealing place for foreign Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term brokers to do business. With European regulations clamping down on the Retail Trading Retail Trading In finance, retail trading refers to individual traders, trading through a broker, or on a platform. This can include novice traders and experienced traders. Trading and investing are divided into two categories, retail and institutional. Institutions include investment banks like JP Morgan or Citibank and global central banks like the US Federal Reserve and the European Central Bank. When we talk about retail trading however, we usually are referring to forex trading, but there are retail trade In finance, retail trading refers to individual traders, trading through a broker, or on a platform. This can include novice traders and experienced traders. Trading and investing are divided into two categories, retail and institutional. Institutions include investment banks like JP Morgan or Citibank and global central banks like the US Federal Reserve and the European Central Bank. When we talk about retail trading however, we usually are referring to forex trading, but there are retail trade Read this Term industry, firms are looking to emerging markets for new customers and lighter regulations. Southeast Asia is particularly attractive as people in the region are tech savvy and have increasing levels of disposable income. Over the past couple of years brokers, notably AvaTrade, have expressed interest in expanding into the region.