The license will allow the company to access the entire European Economic Area.
It already holds a license in Australia.
26 Degrees Global Markets (previously Invast Global) has cemented its European presence by its wholly owned subsidiary, obtaining a broker license from the Cyprus Securities and Exchange Commission (CySEC), Finance Magnates learned exclusively.
New License for 26 Degrees
The new license from the Mediterranean island will allow the Cyprus company to operate across the European Economic Area. Headquartered in Sydney, Australia, 26 Degrees is already regulated by the Australian Securities and Investment Commission.
“The CySEC license approval demonstrates our commitment to building a strong and sustainable business in Cyprus to service our local clients and those in the European time zone,” added Lochlan White, the Chief Commercial Officer of EMEA at 26 Degrees. “We are excited by the opportunities that this presents for us as a global business and for our valued clients.”
Even before holding the CySEC license, 26 Degrees had a strong presence on the island. It established a Cyprus office and strengthened its team significantly over the years, with Riana Chaili at the helm as the CEO of EMEA.
“We are delighted and immensely proud to have obtained the CySEC license, which emphasizes our dedication to operating with the highest level of transparency and integrity,” Chaili said. “This additional license further solidifies our position as a leading multi-asset prime broker globally.”
Strategic Moves by 26 Degrees
The new license was added only a few months after the company was rebranded from Invast Global. According to the company, the new branding will help it to reposition and gain a significant market share in the next five years. It is specifically tapping the prime brokerage market following the exodus of many big brands.
Commenting on the new license, James Alexander, the Global Chief Commercial Officer at 26 Degrees, said: “Many hundreds of hours have gone into preparing for the license by the Cyprus operational team, including legal, compliance, and management. We are delighted to finally be awarded the license by CySEC after rigorous standards were met.”
26 Degrees Global Markets (previously Invast Global) has cemented its European presence by its wholly owned subsidiary, obtaining a broker license from the Cyprus Securities and Exchange Commission (CySEC), Finance Magnates learned exclusively.
New License for 26 Degrees
The new license from the Mediterranean island will allow the Cyprus company to operate across the European Economic Area. Headquartered in Sydney, Australia, 26 Degrees is already regulated by the Australian Securities and Investment Commission.
“The CySEC license approval demonstrates our commitment to building a strong and sustainable business in Cyprus to service our local clients and those in the European time zone,” added Lochlan White, the Chief Commercial Officer of EMEA at 26 Degrees. “We are excited by the opportunities that this presents for us as a global business and for our valued clients.”
Even before holding the CySEC license, 26 Degrees had a strong presence on the island. It established a Cyprus office and strengthened its team significantly over the years, with Riana Chaili at the helm as the CEO of EMEA.
“We are delighted and immensely proud to have obtained the CySEC license, which emphasizes our dedication to operating with the highest level of transparency and integrity,” Chaili said. “This additional license further solidifies our position as a leading multi-asset prime broker globally.”
Strategic Moves by 26 Degrees
The new license was added only a few months after the company was rebranded from Invast Global. According to the company, the new branding will help it to reposition and gain a significant market share in the next five years. It is specifically tapping the prime brokerage market following the exodus of many big brands.
Commenting on the new license, James Alexander, the Global Chief Commercial Officer at 26 Degrees, said: “Many hundreds of hours have gone into preparing for the license by the Cyprus operational team, including legal, compliance, and management. We are delighted to finally be awarded the license by CySEC after rigorous standards were met.”
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.
Dukascopy Money Market Products Offer Competitive Rates for USD, GBP, and EUR
FMLS:24 | Shaping the Next Era of Financial Evolution
FMLS:24 | Shaping the Next Era of Financial Evolution
Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech, and digital assets come together!
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Join over 2,500 industry professionals, engage with 150+ expert speakers, and discover endless opportunities with 70+ top exhibitors. FMLS:24 is where senior executives and decision-makers gather to close deals, forge new partnerships, and strengthen connections with long-term clients.
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FMLS:24 | Shaping the Next Era of Financial Evolution
FMLS:24 | Shaping the Next Era of Financial Evolution
Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech, and digital assets come together!
Join over 2,500 industry professionals, engage with 150+ expert speakers, and discover endless opportunities with 70+ top exhibitors. FMLS:24 is where senior executives and decision-makers gather to close deals, forge new partnerships, and strengthen connections with long-term clients.
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👉 Don't miss out – secure your ticket now at https://events.financemagnates.com/ZQEYy0?utm_source=youtube&utm_campaign=fmls24-awareness&utm_medium=video&RefId=MLS%3A24+Video+Promo
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Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech, and digital assets come together!
Join over 2,500 industry professionals, engage with 150+ expert speakers, and discover endless opportunities with 70+ top exhibitors. FMLS:24 is where senior executives and decision-makers gather to close deals, forge new partnerships, and strengthen connections with long-term clients.
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👉 Don't miss out – secure your ticket now at https://events.financemagnates.com/ZQEYy0?utm_source=youtube&utm_campaign=fmls24-awareness&utm_medium=video&RefId=MLS%3A24+Video+Promo
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FM's Andrea Badiola Mateos at LSEG's Cyprus event
FM's Andrea Badiola Mateos at LSEG's Cyprus event
FM's Andrea Badiola Mateos at speaking in a panel discussion at LSEG's Cyprus event
FM's Andrea Badiola Mateos at speaking in a panel discussion at LSEG's Cyprus event
The Role of PAMM, MAM & Copy Trading in Business Growth Strategies | Webinar
The Role of PAMM, MAM & Copy Trading in Business Growth Strategies | Webinar
The copy trading market is projected to double in size, growing from $2.2 billion to $4 billion by the end of this decade. In light of this, brokers and financial institutions are increasingly adopting PAMM, MAM, and Copy Trading solutions to scale operations and drive profitability. In this insightful webinar, Sergey Ryzhavin, Product Owner at B2COPY, outlines the advanced features of the B2COPY platform, showcasing how it enhances Copy Trading, PAMM, and MAM performance. Sergey also explores strategies for using these tools to attract new clients, improve customer engagement, and create additional revenue streams.
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The copy trading market is projected to double in size, growing from $2.2 billion to $4 billion by the end of this decade. In light of this, brokers and financial institutions are increasingly adopting PAMM, MAM, and Copy Trading solutions to scale operations and drive profitability. In this insightful webinar, Sergey Ryzhavin, Product Owner at B2COPY, outlines the advanced features of the B2COPY platform, showcasing how it enhances Copy Trading, PAMM, and MAM performance. Sergey also explores strategies for using these tools to attract new clients, improve customer engagement, and create additional revenue streams.
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Join us at FMLS:24 to connect with global institutional brokers. Secure your spot today! #fmls24
Join us at FMLS:24 to connect with global institutional brokers. Secure your spot today! #fmls24