EXANTE launched a new office in Dubai as part of its expansion plan in the Middle East. Established in the Dubai International Financial Center (DIFC), the firm will now serve clients in the UAE with access to over 50 global financial markets and a range of instruments on its trading platform.

Expanding Global Reach

According to the company, the UAE has become a global financial hub, prompting its entry into the region in search of growth opportunities. The new office in DIFC will now enable the fintech Fintech Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Read this Term firm to also tap into the region for investment opportunities.

EXANTE is regulated in multiple jurisdictions, including the UK, Hong Kong, Cyprus, Malta, and now the UAE. According to the firm, this broad regulatory approval ensures that the company can offer trading solution services across different markets.

Speaking about the launch, Ashraf Bajsair, the Head of Regional Sales for the Middle East at EXANTE, said: "We are thrilled to receive this regulatory stamp of approval that propels us into the dynamic financial heart of Dubai. This marks a pivotal moment in our growth strategy, allowing us to deliver our innovative trading solutions to the UAE market."

"Our team is dedicated to maintaining the utmost service and regulatory compliance Compliance In finance, banking, investing, and insurance compliance refers to following the rules or orders set down by the government regulatory authority, either as providing a service or processing a transaction. Compliance concerning finance would also be a state of being following established guidelines or specifications. This designation can also encompass efforts to ensure that organizations are abiding by both industry regulations and government legislation. Understanding ComplianceCompliance is a In finance, banking, investing, and insurance compliance refers to following the rules or orders set down by the government regulatory authority, either as providing a service or processing a transaction. Compliance concerning finance would also be a state of being following established guidelines or specifications. This designation can also encompass efforts to ensure that organizations are abiding by both industry regulations and government legislation. Understanding ComplianceCompliance is a Read this Term standards, ensuring that our clients receive the excellent personal experience for which EXANTE is globally known."

Dubai International Financial Center

The DIFC location, known for its world-class infrastructure and strong regulatory framework, provides EXANTE with the ideal base for serving clients in the Middle East and beyond, the firm said. The Dubai office reportedly marks an important point in the firm’s effort to provide access to the world’s financial markets regionally and globally.

In July, EXANTE onboarded a new Regional Head to boost its presence in Hong Kong. Oscar Tsui, an experienced financial services expert, took over this role, according to the official company's statement. With more than two decades of experience and important roles across Asia, the company praised Tsui's leadership as important in driving its growth in the region.

The appointment was made under EXANTE's Hong Kong entity, XHK Ltd. The firm announced that Tsui, with a wide background spanning over 20 years in financial services, will lead business development efforts in the region.

EXANTE, started in 2011, provides a global trading platform for financial instruments in more than 50 global markets. The Exante trademark is reportedly owned by XNT LTD., which has granted multiple investment firms the ability to utilize the brand globally.