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August 07, 2023 - Edgewater Markets LLC, a leading provider of technology, trade execution and liquidity aggregation across foreign exchange (FX) and precious metals, today announced that its Edgewater Markets Limited entity has obtained a new license from the UK's Financial Conduct Authority (FCA). The addition of an FCA license solidifies its regulatory status and permissions within the United Kingdom. Alex Scarsini, President and founder of Edgewater, has announced the appointment of Emanuel Georgouras as the new Senior Manager Function 1 (SMF1) UK Chief Executive of the newly regulated entity.
Alex Scarsini Edgewater President and Founder commented, "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." Scarsini added that the appointment of Georgouras brings a wealth of experience and expertise to this new role. With a successful track record at Edgewater and in financial services, Georgouras is well positioned to successfully steer Edgewater Markets Limited's expansion into the UK and beyond. His strategic vision and leadership will contribute to the company's growth and enable it to capitalize on emerging opportunities.
Georgouras was previously at Axicorp where, since 2010, he was Head of Trading and Head of Derivatives and CFDs.
With the FCA license in place, Edgewater Markets Limited is authorized to provide a comprehensive range of institutional financial services. These include liquidity provision, innovative technology solutions, foreign exchange, non-deliverable forwards, commodities, and derivative products. The license further signifies the firm's commitment to upholding the highest client protection standards, efficient risk management, and operational excellence.
Next: Read this interview with Matt Kassel, COO Edgewater, where he discusses plans for Edgewater in 2023
