UK’s financial consultancy firm Direct TT secures license from UAE SCA

  • Date: 20-Jan-2023
  • Source: GCC Business News
  • Sector:Financial Markets
  • Country:UAE
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UK’s financial consultancy firm Direct TT secures license from UAE SCA

UK-based Direct Trading Technologies (Direct TT), one of the world’s leading financial consultancy firms and part of the DTT Group, a globally recognized and regulated financial services provider, has acquired the UAE Securities and Commodities Authority (SCA) license for Financial Consultancy and Financial Analysis.

The DTT Group further announced its plans to invest $10 million over the next two years in its regional operations and fintech research and development.

As part of the acquisition, Direct TT will offer its clients regulated, reliable financial research and analysis, along with scientific data based on more than 25 years of experience, to forecast price trajectory and future trends for the forex, stocks, CFDs, precious metals, and energy markets.

In addition, the license permits Direct TT to introduce customers to financial services from SCA-licensed entities and promote financial products through marketing and advertising. The move represents a significant step towards becoming a regional and global leader in the financial markets sector.

Walid Ead

CEO & Managing Partner

DTT Group “Acquiring the SCA license is a major milestone for Direct TT, as it reaffirms our commitment to our clients in the UAE. Our mission has been to consistently deliver regulated, accurate, and reliable financial data to ensure that traders have access