The Cypriot subsidiary of Australian group FP Markets has appointed Amy Pepper as General Manager of the company. The news becomes public a couple of months after FP Markets committed to the European market with the .
While European brokers have been struggling over the past year, Australian firms were actively onboarding more and more clients globally. The relatively liberal leverage policy on part of the ASIC helped brokerage companies from the land down under, attract a number of new clients from all over the globe.
Regulatory arbitrage opportunities if we are to believe the latest batch of regulatory developments in Australia. That said, the have been at a competitive advantage relative to the EU-centric part of the retail brokerage industry.
In recent months, a number of companies domiciled in Australia have been actively exploring how to increase their presence in Europe.
With some of the fastest-growing Australian companies in the industry acquiring licenses in the EU, their capital expenditure levels globally are increasing. While their EU-based counterparts have been feeling the squeeze over the past year, Aussie firms can afford much more aggressive capital expenditures to expand their market share.
With over 10 years of experience in the customer support field, Amy Pepper is sure to be instrumental in the plans of FP Markets to continue .