RoboMarkets Adjusts its European Business Model, Aiming to Lead in Stock Brokerage ...Middle East

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RoboMarkets Adjusts its European Business Model, Aiming to Lead in Stock Brokerage
RoboMarkets group is announcing strategic changes to its European business model, which are planned to be implemented by the end of 2024.In a press release, the group stated: "Given the conditions of the European market, we have decided to focus our European operations and expertise on serving primarily stock investors and traders."As part of this shift, the Frankfurt-based and BaFin-regulated entity, RoboMarkets Deutschland GmbH, will become the centre for serving European retail clients, concentrating exclusively on stocks, bonds, and ETFs. The Cyprus-based and CySEC-regulated RoboMarkets Ltd will transition to an institutional broker, no longer serving retail clients from early 2025. This

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