Edgewater Markets secures FCA license, appoints Emanuel Georgouras as CEO of UK operation
“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.”
Edgewater Markets LLC, the provider of technology, trade execution, and liquidity aggregation across foreign exchange (FX) and precious metals, announced it has secured an FCA license.
The UK-based entity, Edgewater Markets Limited, has obtained a license from the Financial Conduct Authority (FCA) in order to solidify its regulatory status and permissions within the United Kingdom.
“FCA license solidifies our position as a leading global liquidity and technology provider”
Alex Scarsini, President and founder of Edgewater, 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.”
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.
Edgewater Markets Limited’s FCA license grants the company various regulatory permissions, enabling it to offer a wide array of institutional financial services, including liquidity provision, technology solutions, foreign exchange, non-deliverable forwards, commodity, and derivative products. The license signifies the company’s commitment to maintaining the highest standards of client protection, risk management, and operational efficiency.
Edgewater Markets UK appoints Emanuel Georgouras as CEO
Emanuel Georgouras, Managing Director & EMEA Head of Edgewater Markets since 2016, has been appointed chief executive of the UK FCA-regulated operation.
Edgewater President Alex Scarsini noted that Emanuel Georgouras brings a wealth of experience and expertise to this new role, steering 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.”
Emanuel Georgouras joined Edgewater Markets in 2016 from AxiCorp’s ASIC-regulated entity for six years, where he was Head of Derivatives and CFDs and Head of Trading, managing a team of traders, global risk, and trading strategies in OTC and exchange traded products.
Prior to that, he was a Proprietary Trader at Propex Derivatives and CFT Financials London, Head of Bullion at Marex, Chief Silver Trader at MKS. From 2003 to 2005, he was Trader Global Markets, FX, Equities, Metals at CMC Markets.
