UAE

In August forex traders from the Middle East had the biggest deposits, but Asian investors were close behind.

The license was awarded to the firm's UAE subsidiary, GO Markets MENA DMCC.

The move is aimed at implementing the integrated financial brokerage institution model, which includes FX brokers.

The platform will launch its services in Q3 2020.

The DIFC and Mashreq Bank have launched the platform as part of a greater blockchain initiative in the UAE.

The project was officially unveiled earlier this year and named Aber.

The region shows a lot of promise, and as knowledge of the FX industry grows, so will trading.

The firm is targeting to expand its business in the MENA region.

The services will be provided through Finablr’s UAE Exchange.

The launch comes less than a month after the broker acquired a Dubai Financial Services Authority license.

Details are still being worked out, but the token will not be for use by the general public.

The CEO has ambitious plans to expand the platform to neighbouring GCC countries.

Only for bank payments, the new coin is being created in conjunction with the UAE.

Initial coin offerings would give companies an alternative to IPOs, which have been very limiting in the country.

This is the latest step in the company’s strategic plan to increase its footprint in the Middle East.

The two firms want Khaleejis to start trading in equities futures.

With the license, the broker can now execute its strategy to continue its development in the Middle East.

The new hires are in line with a broader move by the forex broker of expanding its operations in ...

He will be in charge of establishing a strong footprint for the company in the Middle East.

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