Vantage Gains FSCA License to Operate in South Africa

Avatar photo
Business Intelligence

CAPE TOWN, South Africa, May 5, 2023 /PRNewswire/ — Vantage (or “Vantage Markets”), the global multi-asset broker, is pleased to announce it has obtained a derivatives license issued by the Financial Sector Conduct Authority (FSCA) in South Africa.

The FSCA is the regulatory authority for financial institutions in South Africa, responsible for licensing, supervising, and enforcing compliance with financial laws and regulations. The new licence marks a significant milestone for the company, to develop a more powerful presence in Africa, demonstrating its commitment to providing high-quality financial services to clients on the subcontinent, while remaining in compliance with the regulatory requirements set by the FSCA.

“We are thrilled to receive our FSCA license,” said Marc Despallieres, Chief Strategy & Trading Officer, Vantage. “We have had our sights on South Africa for some time, and we were determined to be able to provide traders with exceptional financial services and products while operating in compliance with the highest regulatory standards.”

Vantage’s growing focus on South Africa was marked by the promotion of Ted Odigie to Head of Sales for Africa in November 2022. Odigie joined Vantage in August 2021, with over 17 years of experience in the financial services sector, and a key focus on business development and client management.

Vantage will be exhibiting at the Finance Magnates Africa Summit in Johannesburg from 8 to 10 May 2023. Odigie will be a key speaker at the panel discussion “Market Opportunities: Where’s the Alpha in Q2?”, held at the Centre Stage on 9 May 2023.

“Our clients’ satisfaction and trust are our top priorities,” said Odigie. “With this license, our clients will know we are a reputable and trustworthy global broker – committed to protecting their interests and providing the best-in-class trading services.”

About Vantage

Vantage (or Vantage Markets) is a multi-asset broker offering clients access to a nimble and powerful service for trading CFD on Forex, Commodities, Indices, Shares, ETFs, and Bonds.

With more than 13 years of market experience, Vantage entities now have over 1,000 employees across more than 30 global offices.

Vantage is more than a broker. It provides a trusted trading ecosystem, an award-winning mobile trading app, and a user- friendly trading platform that enables clients to take advantage of trading opportunities. Download the Vantage App on App Store or Google Play.

trade smarter @vantage

SOURCE Vantage

相關文章

李偉農稱澳門經濟適度多元策略為中葡企業提供機遇

澳門經濟財政司司長李偉農在今日開幕的中國—葡語國家經貿合作論壇(澳門)第六屆部長級會議企業家大會上表示,澳門的經濟適度多元發展策略將為中葡企業提供更多發展機遇。

【時事評論】投資多元化!

3月初,隨著北京人民大會堂燈光逐漸暗淡,赴京出席“兩會”的代表們踏上了返程的旅途。“兩會”明確提出澳門特區在國家發展大局中承擔的責任,並旋即在媒體中引起共鳴:有效落實並加快城市經濟適度多元發展,與澳門特別行政區近年來反復強調的經濟政策不謀而合。

【息息相關】無人機任務

一名本地工程師有份創立的科技新創企業正著手推出自動駕駛無人機解決方案,協助本地建築工程完成檢測檢驗任務。這項創新方案將為娛樂場綜合度假村、老化或破舊物業等不同類型的建築提供一個更安全、更有效且更具成本效益的檢測替代方式。 

澳門大學預測2024年澳門GDP增長16.8%

澳門大學發表2024年澳門宏觀經濟修訂預測,預計澳門今年地區生產總值增長16.8%,恢復至2019年水平的94.5%。

澳門2月新批核住宅按揭及商用物業貸款均下跌

澳門金融管理局4月11日發佈的統計數據顯示,2024年2月新批核的住宅按揭貸款按月下跌 42.5%至 6.9 億澳門元。

第十二屆旅博會將於4月26日揭幕

第十二屆澳門國際旅遊(產業)博覽會將於4月26日至28日舉行,今屆旅博會以“相匯旅博 相聚商機”為口號,招聚海內外旅遊及相關業者來澳參與。截至目前,參展商有超過600家,買家約500位,展位超過1,300個。