FX industry technology provider Edgewater Markets has announced that its Edgewater Markets Limited entity has obtained a new license from the Financial Conduct Authority (FCA). The addition of an FCA license solidifies its regulatory status and permissions within the United Kingdom.

Edgewater Markets Limited’s FCA license grants the company various regulatory permissions, enabling it to offer a wide array of institutional financial services in the UK, including liquidity provision, technology solutions, foreign exchange, non-deliverable forwards, commodity, and derivative products.

Edgewater’s longtime London based UK Managing Director and EMEA Head Emanuel Georgouras (pictured above) has been named as the new Senior Manager Function 1 (SMF1) UK Chief Executive of the newly regulated entity. Prior to joining Edgewater in 2016, Emanuel worked at Axi as Head of Derivatives and CFDs, and as Head of Trading. He also previously spent time with Marex Spectron, and CMC Markets.

The acquisition of the FCA license marks a pivotal moment for Edgewater Markets Limited, enabling it to expand its services and cater to a broader range of clients. The FCA, renowned for its stringent regulatory standards and commitment to investor protection, is widely recognized as one of the most reputable financial regulators worldwide. The license endorses Edgewater Markets Limited as a trustworthy and compliant player in the financial industry.

Alex Scarsini, President and founder of Edgewater, said:

“We are delighted to have obtained the FCA license, which underscores our commitment to operating with the utmost integrity, transparency, and adherence to regulatory standards. This license is a testament to our dedication to providing exceptional and diverse services to our clients and further solidifies our position as a leading global liquidity and technology provider.”

About Edgewater Markets

Edgewater is a trading technology provider that specializes in FX trade execution and liquidity aggregation to help institutions trade efficiently and competitively across global markets.