when

Dubai

Gains

<ul>
 <li>Naqdi Securities secures regulatory approval from UAE’s Securities and Commodities Authority to expand trading services.</li>
 <li>The company plans to leverage this license to offer a wider range of products and services in the UAE’s flourishing financial market.</li>
</ul>
Naqdi Securities and Currencies Brokers LLC, a significant player in the trading sector, has successfully obtained the Securities and Commodities Authority (SCA) license in the <a href="https://www.ethnews.com/kalpesh-patel-renowned-businessman-shares-insights-on-uaes-appeal-for-fund-creation/" rel="noopener noreferrer nofollow">UAE</a>. This pivotal approval marks a significant milestone, allowing the company to broaden its service spectrum to include more advanced and varied trading options for both retail and institutional clients.
<h2 id="broadening-trading-services">Broadening Trading Services</h2>
With the acquisition of the SCA license, Naqdi is now poised to enhance its offerings significantly. The SCA license is renowned for its rigorous standards, and obtaining it is a testament to a firm’s commitment to transparency and regulatory compliance. It not only validates the firm’s operational integrity but also reassures clients and partners of its dedication to maintaining high compliance and ethical standards.
Zia Ur Rehman, the CEO of Naqdi, emphasized the importance of this achievement:
<blockquote>
 “Securing the SCA license underlines our dedication to uphold the highest levels of regulatory compliance and client satisfaction. It reinforces our position as a leading and trustworthy entity in the financial market, set to offer enhanced services to our diversified clientele.”
</blockquote>
The UAE’s financial landscape has been witnessing substantial growth, fueled by a surge in demand for robust, reliable trading platforms governed by strict regulations. Naqdi’s strategic move to acquire the SCA license aligns perfectly with this trend. The company is now equipped to expand its product offerings, which include innovative trading tools and resources tailored to meet the varied needs of its clients.
<h2 id="booming-financial-landscape">Booming Financial Landscape</h2>
The CAT-5 SCA license enables Naqdi to operate in one of the most strictly regulated financial environments in the region. This credential is particularly crucial as traders increasingly seek platforms that prioritize security and transparency.
Armed with the new license, Naqdi aims to bolster client confidence by expanding its product lineup and broadening its customer base. This will be achieved while continuously focusing on regulatory excellence and superior customer service.
This licensing achievement by Naqdi comes at a time when more companies are striving to establish a footprint in the <a href="https://www.ethnews.com/venom-foundation-partners-with-the-uae-government-to-launch-national-carbon-credit-system/" rel="noopener noreferrer nofollow">UAE</a>. Earlier this year, Capital.com launched a new regional headquarters as part of the UAE’s NextGenFDI initiative, which aims to attract cutting-edge digital businesses. Similarly, ThinkMarkets received a license from the Dubai Financial Services Authority, enabling it to offer its multi-asset trading platform, ThinkTrader, to clients within the UAE.
As the <a href="https://www.ethnews.com/iota-and-uae-leaders-forge-billion-dollar-deal-to-unleash-digital-transformation-in-gulf-state-with-the-tangle/" rel="noopener noreferrer nofollow">UAE</a>‘s financial sector continues to grow, Naqdi’s new licensing status places it in an ideal position to capitalize on emerging market opportunities and to cater to the sophisticated needs of its expanding client base. This development underscores the UAE’s commitment to fostering a secure and regulated trading environment that can attract international investors and traders.
The post <a href="https://www.ethnews.com/naqdi-securities-gains-uae-license-to-expand-trading-operations/" rel="noopener noreferrer nofollow">Naqdi Securities Gains UAE License to Expand Trading Operations</a> appeared first on <a href="https://www.ethnews.com" rel="noopener noreferrer nofollow">ETHNews</a>.

Naqdi Securities Gains UAE License to Expand Trading Operations

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