New Zealand based Multi-Asset Broker BlackBull Markets has just announced that it has received a derivatives issuer licence from the FMA, strengthening its fintech offering domestically and globally.
Michael Walker, BlackBull Markets' Director, commented on the news:
"We have been working with the Financial Markets Authority here in NZ for quite some time now while our business has continued to expand. With the addition of licencing from the FMA, our clients can now rest assured that they're trading with a regulated broker in one of the safest and fastest-growing financial markets in the world."
Since its establishment back in 2014, the broker has seen rapid growth and consistently doubled in size year-on-year over the past three years as well as expanded and tailored its product offering in dozens of new markets.
"We have a really great team here in Auckland and are focused on continuing to strategically grow the business over the coming years with the goal of becoming the leading online financial technology and foreign exchange broker."