CFI Financial has acquired AzFinance İnveŞtisiya Şirkəti, an Azeri-regulated broker. It means CFI is the first foreign brokerage to acquire a license in Azerbaijan.
Having the ODP license means Exness can offer trading in CFD products and act as counterparty to trades. The license was introduced by the FSCA in 2018.
This is the second major product launch for 26 Degrees, an Australia-headquartered prime of prime, in the last month, following its new Pairs Trading product.
James Watts has joined Taurex in their Dubai office. Watts has held sales roles at several brokers, including Swissquote, London Capital Group, Alpari, and MultiBank.