Financial services group Fintrix Markets has acquired the Mauritius-regulated retail broker Aksys Global Markets.
In a statement sent to TradeInformer, Fintrix said it had received approval for the takeover from the Mauritius Financial Services Commission in July.
“This transaction marks a key milestone in the groups’ strategy to expand its global brokerage operations,” a spokesperson from Fintrix said.
Aksys was launched in 2023 by Walid Abousleiman, a Lebanese entrepreneur based in Cyprus. It’s unclear whether he will remain at the firm post-acquisition.
Fintrix Markets was set up this year and has a base of operations in Australia, with other entities around the world, including one in St Lucia.
The company appears to have shuttered a retail broker operation it was running from the Caribbean island.
“Clients can expect continuity in service, with added benefits over time including broader product access, stronger platform infrastructure and enhanced support across multiple regions,” said Fintrix in its statement about the Aksys acquisition.
“Founded by a team of industry professionals with over 40 years of combined market experience, Fintrix Markets Group has rapidly built its global brokerage offering. The business is grounded in client-centric service, trusted execution and secure, reliable technology.”
