GCEX, a digital prime brokerage, has received a license from the Danish Financial Supervisory Authority (FSA) to operate as an investment firm. This milestone enables GCEX to offer rolling Spot FX and CFDs to institutional clients in the European Union (EU), presenting a significant growth opportunity.
Facts
- GCEX has been granted a license by the Danish FSA to operate as an investment firm.
- The license allows GCEX to offer rolling Spot FX and CFDs to institutional clients in the EU.
- GCEX sees the FSA license as a major step forward and a catalyst for growth in Europe.
- The license provides peace of mind to EU-based brokers, fund managers, hedge funds, and professional traders, as they can now transact with a regulated firm in their jurisdiction.
- Michael Aagaard, Managing Director of GCEX Denmark, emphasizes the significance of the license for the business and its potential for further growth.
- The license opens doors for GCEX to market its services to EU clients, creating a substantial opportunity for expansion.
- GCEX Group, headquartered in London with offices worldwide, including Copenhagen, offers deep liquidity in FX and CFDs and provides trading solutions through XplorDigital. True Global Ventures is an investor in GCEX.
