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.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Finance Magnates Annual Awards 2024 | FM Awards 2024 Highlights
Finance Magnates Annual Awards 2024 | FM Awards 2024 Highlights
🎥Catch the best moments from the Finance Magnates Annual Awards Gala Dinner!
An evening where top names in finance came together to celebrate achievements, enjoy live music, and connect over a memorable dinner. Watch the highlights and feel the energy of our first gala in Cyprus!
Congratulations to all the winners for their dedication to excellence and leadership in the financial industry, including XM, Trading PRO, FP Markets, Deriv, FxPro, LATAM, Headway, ATFX, FBS, AMEGA, EC Markets, Axi
For more information about the 1st Finance Magnates Annual Awards, visit https://bit.ly/3Zb7wNz
#FinanceMagnatesGala #IndustryExcellence #GalaHighlights #FinanceMagnatesAnnualAwards #FinanceMagnatesAwards #CelebratingSuccess #FinanceCommunity
🎥Catch the best moments from the Finance Magnates Annual Awards Gala Dinner!
An evening where top names in finance came together to celebrate achievements, enjoy live music, and connect over a memorable dinner. Watch the highlights and feel the energy of our first gala in Cyprus!
Congratulations to all the winners for their dedication to excellence and leadership in the financial industry, including XM, Trading PRO, FP Markets, Deriv, FxPro, LATAM, Headway, ATFX, FBS, AMEGA, EC Markets, Axi
For more information about the 1st Finance Magnates Annual Awards, visit https://bit.ly/3Zb7wNz
#FinanceMagnatesGala #IndustryExcellence #GalaHighlights #FinanceMagnatesAnnualAwards #FinanceMagnatesAwards #CelebratingSuccess #FinanceCommunity
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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Whether you’re in finance, technology, or payments, this summit is your gateway to future growth, meaningful collaborations, and industry-leading insights.
👉 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.
Whether you’re in finance, technology, or payments, this summit is your gateway to future growth, meaningful collaborations, and industry-leading insights.
👉 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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