A new brokerage firm named Azul Markets has been established and is licensed by the Financial Services Commission in Mauritius. This new venture marks a significant return to the brokerage industry for one of its co-founders, who previously held a CEO position at a well-known international brokerage until 2023.
Azul Markets aims to cater specifically to institutional clients, offering direct access to a variety of financial markets and trading instruments. Services are designed for professional entities, including brokerages, fund managers, liquidity providers, and institutional traders.
Despite being a startup, Azul Markets boasts a team with extensive experience in trading, liquidity management, and the infrastructure required for financial operations. The firm offers a diverse range of asset classes, including foreign exchange (FX), precious metals, commodities, equities, indices, and cryptocurrencies.
The team at Azul Markets includes experienced professionals such as Andrzej Draniewicz and Paulius Paražinskas. Draniewicz has a solid background in the industry, having previously worked at FXPRIMUS as the Head of Customer Support and at XM as the Head of Operations for nearly four years.
As the firm begins its operations, further developments and updates are expected in the near future.