Mer­itKap­i­tal UK se­cures FCA li­cense

Financial Mirror (Cyprus) - - FRONT PAGE -

Mer­itKap­i­tal UK Ltd an­nounced the ap­proval of its FCA li­cense (li­cense # 720609) to act in its ca­pac­ity as a matched prin­ci­pal bro­ker in the United King­dom. Mer­itKap­i­tal UK is af­fil­i­ated with CySEC-li­censed Mer­itKap­i­tal Ltd (#077/06, Cyprus) by means of com­mon share­hold­ers.

The man­age­ment team of Mer­itKap­i­tal con­sid­ers this ex­pan­sion op­por­tune due the perks that a large cap­i­tal mar­kets cen­tre such as Lon­don has to of­fer.

These ben­e­fits in­clude the wide net­work of buy- and sell-side coun­ter­par­ties, the wider pool of tal­ent that an FCA li­censed firm can at­tract and the firm’s abil­ity to cap­i­talise on Lon­don’s so­phis­ti­cated fi­nan­cial in­fra­struc­ture.

Fol­low­ing the re­cent “Brexit” de­vel­op­ments, the com­pany is now se­cured with the nec­es­sary SEC li­cens­ing to op­er­ate both within the EU and the UK.

Mer­itKap­i­tal will main­tain its fo­cus in the fixed in­come sphere, par­tic­u­larly within emerg­ing mar­kets, where it has es­tab­lished a strong niche pres­ence. The man­age­ment team is con­fi­dent that the FCA ven­ture will sup­port Mer­itKap­i­tal’s con­tin­ued growth.

For fur­ther queries con­tact info@mer­itkap­i­tal.co.uk

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