GTC Financial Consultancy LLC announced a UAE Capital Market Authority Category 1 licence on 12 November. GTCFX's UAE legal information lists licence 20200000512 for brokerage in international markets and for trading brokerage in over-the-counter derivatives and spot currencies.
Chief executive Charbel Raffoul said the company plans to serve clients through a locally supervised entity and a UAE-based team. The announcement describes further spending on compliance, staff, technology and investor education. The permissions in the announcement apply to the named UAE company. The release leaves account terms and any service rollout dates open.
Sources GTC Financial Consultancy / GlobeNewswire · GTCFX UAE · TradeInformer
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