Trading companies plan to obtain licenses from the most reputable regulators when operating in the foreign exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term (FX) market. In Europe, the British Financial Conduct Authority (FCA) is one such authority whose authorization attests to the high quality of the services offered. Edgewater Markets with headquarters in the US has just joined the group of firms licensed by the FCA.

Edgewater Markets Has Acquired an FCA License and Appointed the UK CEO

Edgewater Markets is a recognized brand in trade technology and liquidity aggregation. According to today's (Monday's) press release, the firm added another feather to its cap by obtaining an FCA license for its local entity, Edgewater Markets Limited. With this move, the company fortifies its regulatory position in the UK and Europe. Additionally, it welcomes Emanuel Georgouras as its new Chief Executive in the local market.

"We are delighted to have obtained the FCA license, which underscores our commitment to operating with the utmost integrity, transparency, and adherence to regulatory standards," said Alex Scarsini, the President and Founder of Edgewater. "This license is a testament to our dedication to providing exceptional and diverse services to our clients and further solidifies our position as a leading global liquidity and technology provider."

Introducing Emanuel Georgouras to the helm, Scarsini noted that his extensive experience and proven track record make him an invaluable asset for Edgewater's UK expansion.

Edgewater Markets Limited, which is endorsed by the FCA, is now equipped to offer many institutional financial services. This includes liquidity provisions, technology solutions, and an extensive range of other instruments.

For a decade, Edgewater has been involved in FX trade execution and liquidity aggregation. The company is headquartered in the USA, but it has additional local offices in Mexico, England, Singapore and Chile. Moreover, the company opened a new office in Brazil a few months ago.

Edgewater's New Hires

In addition to hiring a new CEO for the UK division, Bridgewater has made several other personnel moves in recent months. Back in February, the company onboarded a new Global Head of Liquidity, Andreas Cifuentes. Cifuentes joined Edgewater with years of experience working in senior roles across top financial organizations.

In the meantime, the provider of technology, trade execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term and liquidity for the FX market has hired Chan Chong San as its Managing Director for the Asia Pacific (APAC) region. Previously the Managing Director of CFI Group, Chan brought over three decades of experience to his new role.