GMG Europe B.V. has been granted an Organised Trading Facility (OTF) license by the Dutch Authority for the Financial Markets (AFM), reinforcing our regulatory footprint across key European financial centres.
The OTF license authorises GMG Europe to operate a multilateral trading platform for non-equity financial instruments including bonds, structured finance products, emissions allowances, and derivatives — in full compliance with MiFID II requirements.
"The OTF authorisation from the AFM is a pivotal development for GMG's European business," commented Wayne Copeland, CFO of GMG. "It provides our institutional clients with access to a MiFID II compliant execution venue operating under the oversight of one of Europe's most respected financial regulators."
The Amsterdam office serves as GMG's primary hub for European Union-based activity, having been established in the wake of Brexit to provide continuity of service for EU-based institutional clients. The OTF license ensures that GMG Europe can conduct regulated trading activities directly in the EU single market.
GMG now operates regulated entities in three jurisdictions — the UAE (DFSA), the United Kingdom (FCA), and the Netherlands (AFM) — with an additional presence in South Africa, making it one of the most broadly regulated inter-dealer brokers of its size globally.