Michael Aagaard is the Managing Director of GCEX in Denmark.
This is a big step forward for us and we are confident that it will help to drive growth in Europe. Brokers, fund manager, hedge funds, and professional traders in the EU can now transact with confidence and peace of mind, knowing they are dealing with a reputable firm that is regulated within their jurisdiction.
Lars Holst is the CEO of GCEX.
We are delighted to announce that as an investment company regulated by FSA Denmark, we have now gained access to the EU Market. This FSA license was obtained after a very rigorous process, in which we were required to prove our expertise in financial services, our team’s knowledge, our good governance, and our focus on protecting investors. Now we can market to EU customers, which is a great opportunity to grow.
The FSA issued a license for the digital prime brokerage to operate as a Virtual Service Provider and to exchange currency with professional clients in June last.
The firm’s rapid growth has seen it expand its team, launch XplorDigital trading systems, and introduce 24/7 FX Trading.