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DUBAI, United Arab Emirates–(Business WIRE)–
MultiBank Team, 1 of the largest on line monetary derivatives suppliers around the globe, represented by its subsidiary, MEX Australia Pty Ltd, has secured a dependable and strategic commercial license from the Dubai Money Products and services Authority (DFSA).
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MultiBank Team carries on its world wide growth by getting the DFSA regulatory license in the DIFC. (Graphic: Business Wire)
The addition of this coveted license extends the group’s regulatory arsenal to involve heavily controlled firms regulated by ASIC in Australia, BaFin in Germany, FMA in Austria, CNMV in Spain, FSC in the British Virgin Islands and CIMA in the Cayman Islands.
With the opening of the new office environment in the DIFC, the MultiBank Group now operates by way of 21 workplaces in 5 continents.
The MultiBank Team is now a person of the largest financial derivatives teams in the globe with a daily turnover of about US$ 1.9 Trillion and Gross Earnings of US$ 85.6 million in 2019, facilitating above 90,000 trades for each working day and providers about 280,000 customers all over the world.
Naser Taher, Chairman of MultiBank Team, mentioned:
“The DFSA license marks but another momentous occasion for MultiBank Group and is a testomony to the strength of our group and motivation to the MENA area. The DFSA approval underscores our commitment to carry on to give our retail and institutional consumers with globe class companies and the highest amount of security of cash”.
Courtney Fitzsimmons, CEO of MEX Australia Pty Ltd, included:
“We have completely relished performing with the DFSA throughout this system and proudly choose a position here in the DIFC. In this evolving current market we are thrilled to include to our regulatory arsenal, and glimpse ahead to producing our mark in Dubai”
For additional details about the MultiBank Team, make sure you pay a visit to www.multibankfx.com.
For a lot more information and facts about MEX Australia Pty Ltd (DIFC Branch), you should go to www.mexexchange.ae
About MultiBank Group:
MultiBank Group was founded in California, Usa in 2005. It boasts a everyday buying and selling volume of about US $7.2 billion and companies an comprehensive customer base of above 280,000 buyers throughout 90 countries. Due to the fact its launch, MultiBank Team has advanced into 1 of the premier on the web fiscal derivatives providers throughout the world. The group offers a mix of the most sophisticated and award-winning trading platforms, up to a 500:1 leverage on CFD buying and selling with products and solutions together with Shares, Commodities, Indices, Electronic Belongings, Metals and International Trade (Currency trading).
Ruby Korver | Communications Officer
Email: [email protected]
Cell phone: +971 487 513 50
Resource: MultiBank Team