AETOS Gains Regulatory License in the Cayman Islands

Wednesday, 23/06/2021 | 09:46 GMT by Arnab Shome
  • The broker is regulated in the United Kingdom, Australia and Vanuatu.
AETOS Gains Regulatory License in the Cayman Islands
Cayman Islands

AETOS Capital Group Holdings Limited, an FX and CFDs trading services provider, has gained a new regulatory business license from the Cayman Islands Monetary Authority.

Announced earlier this week, the Securities Investment Business license has been awarded on June 14 to the locally incorporated AETOS Capital Group International Ltd, which is a wholly-owned subsidiary of the AETOS group.

Established in 2007, AETOS already holds operational licenses from regulators in the United Kingdom, Australia and Vanuatu. It offers services to both retail and professional traders and has a reach to a wide global client base.

AETOS Capital Group Chairman commented: “We are very delighted to share this great news with our customers and partners in different jurisdictions. The new license from CIMA is an acknowledgement, and the recognition from an international regulator which is well known for its strict rules and effective supervision of financial institutions.”

Strengthening Global Operations

With the addition of the new license, the broker is poised to strengthen its regulatory profile and global reach. The Group further detailed that it is determined to reinforce its pan-European operation and service.

“Following the granting of CIMA license, AETOS Capital Group will further expand its global presence to execute the best practice and professionalism to the highest extent for more investors,” the Chairman added.

Lately, several other retail brokers have gained additional licenses to bolster their global operations. Finance Magnates recently reported that Global Kapital, which operates the GKFX broker brand, entered the United States with the Acquisition of a FINRA-licensed broker-dealer. Furthermore, Aussie broker TMGM gained a license from the New Zealand regulator, thus expanding its reach in the region.

AETOS Capital Group Holdings Limited, an FX and CFDs trading services provider, has gained a new regulatory business license from the Cayman Islands Monetary Authority.

Announced earlier this week, the Securities Investment Business license has been awarded on June 14 to the locally incorporated AETOS Capital Group International Ltd, which is a wholly-owned subsidiary of the AETOS group.

Established in 2007, AETOS already holds operational licenses from regulators in the United Kingdom, Australia and Vanuatu. It offers services to both retail and professional traders and has a reach to a wide global client base.

AETOS Capital Group Chairman commented: “We are very delighted to share this great news with our customers and partners in different jurisdictions. The new license from CIMA is an acknowledgement, and the recognition from an international regulator which is well known for its strict rules and effective supervision of financial institutions.”

Strengthening Global Operations

With the addition of the new license, the broker is poised to strengthen its regulatory profile and global reach. The Group further detailed that it is determined to reinforce its pan-European operation and service.

“Following the granting of CIMA license, AETOS Capital Group will further expand its global presence to execute the best practice and professionalism to the highest extent for more investors,” the Chairman added.

Lately, several other retail brokers have gained additional licenses to bolster their global operations. Finance Magnates recently reported that Global Kapital, which operates the GKFX broker brand, entered the United States with the Acquisition of a FINRA-licensed broker-dealer. Furthermore, Aussie broker TMGM gained a license from the New Zealand regulator, thus expanding its reach in the region.

About the Author: Arnab Shome
Arnab Shome
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About the Author: Arnab Shome
Arnab is an electronics engineer-turned-financial editor. He entered the industry covering the cryptocurrency market for Finance Magnates and later expanded his reach to forex as well. He is passionate about the changing regulatory landscape on financial markets and keenly follows the disruptions in the industry with new-age technologies.
  • 6566 Articles
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