A prominent technology and liquidity provider within the foreign exchange (FX), CFDs and digital currency industries, B2Broker has announced today that it has expanded its international reach through the establishment of a strong presence in the strictly regulated FX/CFDs market of EU through B2Prime.
Regulated by the Cyprus Securities and Exchange Commission (CySEC), B2Prime is a leading Prime-of-Prime (PoP) multi-asset liquidity provider for institutional and professional clients across global financial markets. Through the enhancement of its international presence, B2Broker aims to provide quality liquidity services in a regulated environment.
The Founder of B2Broker Group of companies, Arthur Azizov, along with Evgeniya Mykulyak, the Co-Founder of B2Broker Group of Companies, are now the new owners of B2Prime. Moreover, Nick Chrysochos became the CEO of B2Prime.
“We are delighted that B2Prime has secured CySEC approval. The license gives us the scope to provide institutional-grade liquidity to clients in over 30 countries. Meanwhile, our clients will be able to benefit from an enhanced level of protection, safe in the knowledge that they have the backing of a world-leading, multi-regulated technology and liquidity provider,” Azizov commented.
The latest announcement from the technology and liquidity provider came nearly 1 month after B2Broker Group’s PBS received a license from the Bank of Russia.
Impact of European Presence
B2Broker Group’s European presence through B2Prime will open several doors for its global expansion. The CySEC license ensures a high level of transparency in business operations. Clients residing in the EU, UK and several other 3rd country jurisdictions can now be safely onboarded under the EU MiFID II regulatory standards.
“My vision is to make B2Prime one of the most solid and reliable financial services companies in the Forex space with a high standard of service provision being our key focus. I look forward to exploring the many new opportunities available to us in Europe and welcoming new clients on board. Our efforts will include the introduction of new trading platforms for connection as well as the continued rollout of our Prime of Prime liquidity services,” Mykulyak said.
“With Artur Azizov’s long experience and solid credentials in the Forex and Crypto space and Evgeniya Mykulyak’s deep industry know-how and clear vision for the company, we will be able to provide advanced, cutting-edge technology so that our clients can trade with the reassurance of knowing that their trading activities are managed by a reputable firm that adheres to the most stringent regulatory standards of CySEC,” Chrysochos added.