B2B Prime Providers SC Ltd, a multi-asset Prime of Prime liquidity supplier, has achieved one other vital regulatory milestone by acquiring a safety vendor license in Seychelles. This marks the third license for B2Prime, following these in Cyprus and Mauritius. These jurisdictions function key hubs with a excessive focus of brokers, and B2Prime is devoted to serving regulated market contributors not solely in these areas but in addition all through Europe.
This newest license underscores B2Prime’s dedication to offering trusted and compliant providers to its international shopper base.
Seychelles, recognised as a vital hub for brokers, offers B2Prime with a strategic platform to distribute liquidity regionally throughout all regulated firms.
The newly acquired safety vendor license allows the B2Prime group to have interaction in essential monetary actions, resembling negotiating and getting into agreements for buying, disposing of, subscribing for, or underwriting securities. Moreover, it permits to handle securities transactions, deal with gross sales, and handle portfolios of securities on behalf of the purchasers.
This vital improvement will vastly improve the power to function effectively inside international markets, backed by a sturdy authorized framework to supply these providers underneath the strict regulatory oversight of the Seychelles Monetary Providers Authority (SFSA).
Significance of Seychelles License for B2Prime Shoppers
Seychelles is turning into a sexy location for brokerages, due to its strategic placement between Africa, Asia, and the Center East and its supportive monetary local weather. With 182 brokers already registered in Seychelles, there’s a clear want for a neighborhood liquidity companion that may streamline operations and provide superior monetary and know-how options.
In response to this demand, B2Prime has strategically expanded its presence by buying a safety vendor license from the Seychelles Monetary Providers Authority (SFSA), the regulatory physique liable for the licensing and supervision of monetary service suppliers, together with safety sellers.
This improvement eliminates the necessity for native firms to hunt out or join with liquidity suppliers in distant monetary hubs. As a substitute, they will instantly entry B2Prime’s intensive Prime of Prime stage liquidity.
B2Prime affords over 225 devices throughout six asset courses in CFDs, together with FOREX, Cryptos, Spot Indices, Valuable Metals, Commodities, and NDFs, all by way of a single margin account. B2Prime purchasers profit from deep liquidity swimming pools sourced from Tier-1 suppliers, which guarantee tight spreads and ultra-fast execution. Connectivity choices, together with OneZero, PXM, Centroid, T4B, FIX API, and cTrader, additional facilitate seamless integration and effectivity.
“Establishing our operations in Seychelles opens doorways to our Prime of Prime liquidity and enhanced service ranges for native brokers, hedge funds, cash managers, institutional purchasers, and liquidity suppliers. This step ahead aligns completely with our purpose of offering top-tier monetary providers worldwide and allows us to supply even better reliability and seize new alternatives in international markets.”
– Eugenia Mykulyak, Founder & Govt Director of B2Prime
Strong Monetary Efficiency and Future Outlook
Following the strategic initiatives, B2Prime has lately disclosed the monetary outcomes for its mum or dad firm, B2B Prime Providers EU, which highlights strong monetary progress within the first quarter of 2024. Complete property in Cyprus surged to €28,969,690.98, a 40.32% enhance from the earlier 12 months. Consumer property held for buying and selling additionally elevated by 47.6% to €26,840,460.11.
In the identical interval, the shareholders’ fairness rose by 8%, with year-on-year comparisons exhibiting a 68% progress in complete property and a 64% enhance in shopper property held for buying and selling. Notably, shareholders’ fairness skilled a formidable 289% surge. Regulatory Capital Adequacy dramatically improved, too, with B2Prime’s personal funds hovering practically 600% from €503,000 to €2,728,000, far exceeding regulatory minimums with CET1 and Tier 1 ratios considerably above the required requirements.
These figures spotlight a powerful steadiness sheet and present B2Prime’s ongoing devotion to progress and reliability. Quickly, the corporate will even disclose the fiscal report for B2Prime Mauritius, which is able to additional validate its place as a reputable and dependable service supplier to purchasers worldwide.
Ultimate Remarks
B2Prime has been actively increasing its international footprint since its institution in Cyprus in 2020 and Mauritius in 2023. The continuing technique goals to place B2Prime as a trusted companion in key monetary jurisdictions worldwide. The latest acquisition of a safety vendor license in Seychelles is a continuation of those efforts to supply Prime of Prime monetary providers and unique instruments to native companies in Seychelles, enhancing their capabilities and potential to reach the worldwide market.
The corporate is thrilled to begin working as a trusted liquidity supplier in Seychelles and companion with native companies!
Attain out right now for market-leading liquidity options!
B2B Prime Providers SC Ltd, a multi-asset Prime of Prime liquidity supplier, has achieved one other vital regulatory milestone by acquiring a safety vendor license in Seychelles. This marks the third license for B2Prime, following these in Cyprus and Mauritius. These jurisdictions function key hubs with a excessive focus of brokers, and B2Prime is devoted to serving regulated market contributors not solely in these areas but in addition all through Europe.
This newest license underscores B2Prime’s dedication to offering trusted and compliant providers to its international shopper base.
Seychelles, recognised as a vital hub for brokers, offers B2Prime with a strategic platform to distribute liquidity regionally throughout all regulated firms.
The newly acquired safety vendor license allows the B2Prime group to have interaction in essential monetary actions, resembling negotiating and getting into agreements for buying, disposing of, subscribing for, or underwriting securities. Moreover, it permits to handle securities transactions, deal with gross sales, and handle portfolios of securities on behalf of the purchasers.
This vital improvement will vastly improve the power to function effectively inside international markets, backed by a sturdy authorized framework to supply these providers underneath the strict regulatory oversight of the Seychelles Monetary Providers Authority (SFSA).
Significance of Seychelles License for B2Prime Shoppers
Seychelles is turning into a sexy location for brokerages, due to its strategic placement between Africa, Asia, and the Center East and its supportive monetary local weather. With 182 brokers already registered in Seychelles, there’s a clear want for a neighborhood liquidity companion that may streamline operations and provide superior monetary and know-how options.
In response to this demand, B2Prime has strategically expanded its presence by buying a safety vendor license from the Seychelles Monetary Providers Authority (SFSA), the regulatory physique liable for the licensing and supervision of monetary service suppliers, together with safety sellers.
This improvement eliminates the necessity for native firms to hunt out or join with liquidity suppliers in distant monetary hubs. As a substitute, they will instantly entry B2Prime’s intensive Prime of Prime stage liquidity.
B2Prime affords over 225 devices throughout six asset courses in CFDs, together with FOREX, Cryptos, Spot Indices, Valuable Metals, Commodities, and NDFs, all by way of a single margin account. B2Prime purchasers profit from deep liquidity swimming pools sourced from Tier-1 suppliers, which guarantee tight spreads and ultra-fast execution. Connectivity choices, together with OneZero, PXM, Centroid, T4B, FIX API, and cTrader, additional facilitate seamless integration and effectivity.
“Establishing our operations in Seychelles opens doorways to our Prime of Prime liquidity and enhanced service ranges for native brokers, hedge funds, cash managers, institutional purchasers, and liquidity suppliers. This step ahead aligns completely with our purpose of offering top-tier monetary providers worldwide and allows us to supply even better reliability and seize new alternatives in international markets.”
– Eugenia Mykulyak, Founder & Govt Director of B2Prime
Strong Monetary Efficiency and Future Outlook
Following the strategic initiatives, B2Prime has lately disclosed the monetary outcomes for its mum or dad firm, B2B Prime Providers EU, which highlights strong monetary progress within the first quarter of 2024. Complete property in Cyprus surged to €28,969,690.98, a 40.32% enhance from the earlier 12 months. Consumer property held for buying and selling additionally elevated by 47.6% to €26,840,460.11.
In the identical interval, the shareholders’ fairness rose by 8%, with year-on-year comparisons exhibiting a 68% progress in complete property and a 64% enhance in shopper property held for buying and selling. Notably, shareholders’ fairness skilled a formidable 289% surge. Regulatory Capital Adequacy dramatically improved, too, with B2Prime’s personal funds hovering practically 600% from €503,000 to €2,728,000, far exceeding regulatory minimums with CET1 and Tier 1 ratios considerably above the required requirements.
These figures spotlight a powerful steadiness sheet and present B2Prime’s ongoing devotion to progress and reliability. Quickly, the corporate will even disclose the fiscal report for B2Prime Mauritius, which is able to additional validate its place as a reputable and dependable service supplier to purchasers worldwide.
Ultimate Remarks
B2Prime has been actively increasing its international footprint since its institution in Cyprus in 2020 and Mauritius in 2023. The continuing technique goals to place B2Prime as a trusted companion in key monetary jurisdictions worldwide. The latest acquisition of a safety vendor license in Seychelles is a continuation of those efforts to supply Prime of Prime monetary providers and unique instruments to native companies in Seychelles, enhancing their capabilities and potential to reach the worldwide market.
The corporate is thrilled to begin working as a trusted liquidity supplier in Seychelles and companion with native companies!
Attain out right now for market-leading liquidity options!
