Capital.com receives approval for Singapore capital markets licence

Capital.com receives approval for Singapore capital markets licence

FILE PHOTO: The logo of the Monetary Authority of Singapore (MAS) is pictured at its building in Singapore February 21, 2013. REUTERS/Edgar Su/File Photo

Capital.com said on Monday it has received approval for a securities licence from the Monetary Authority of Singapore, according to a regulatory filing.

The filing lists the CEO of the entity as Tony Lim, the former CEO of IG Asia.

Capital.com‘s Singapore unit has a licence for dealing in capital markets, including securities, collective investment schemes and over-the-counter derivatives, the filing said.

Capital.com also received a licence to provide custodial services.  The licence was approved late last month, the company said.

Reuters

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