Broctagon: Acquires Labuan Money Broking License
- Multi-asset liquidity provider Broctagon Fintech Group announces the approval of its new Labuan Money Broking License
- The license enables the liquidity provider to now offer regulated bank-grade FX liquidity to its clientele
- With most large liquidity providers based in the West new business in Labuan is strategically positioned to support a growing Asian market
- Having been part of the Asian FX ecosystem for close to a decade, the liquidity provider is set to offer its clients a tailor-made experience
- Underpinning this strategic manoeuvre is the liquidity provider’s enlistment of Cecilia Chan, Singapore Exchange’s former VP
- New Money Broking Licence is officially approved by the Labuan International Business and Financial Centre
