Nick Cooke’s CFD & FX Brokerage Zenfinex Ltd Receives License

Karthik Subramanian

Karthik Subramanian has been a professional trader and fund manager over the last 18 years. He is basically a software developer who made the transition to financial domain around 18 years back as the attractiveness of the financial markets proved too much for him. He lives in Chennai in India along with his wife and son. He began his career as a software developer in 1999 and then gradually moved into the financial industry as he began trading stocks in his pastime. He then moved into the financial markets full time and then shifted his focus to the FX markets due to the liquid nature of these markets. Since then, he has been trading FX diligently and his favourite pair are the EURUSD and EURJPY. Over the last couple of years, he has found blockchain to be of high interest and considering his background in software and finance, he has since assembled a team of highly talented developers who have since worked on a variety of projects like crypto exchanges and blockchain architecturing. Now, he balances his time between trading and commenting on both the FX and crypto markets. He has worked with many publications including FX Street and Finance Magnates, which has helped him gain experience and also recognition across the industry. He loves to write and this passion has helped him to reach out across the FX and crypto industry. Right now, he works on his pet projects in the FX and crypto industry and spends his time writing and managing his blockchain team and helping it to reach higher.

fca

Nick Cooke’s CFD & FX Brokerage Zenfinex Ltd Receives License from UK’s FCA

June 1, 2019

zenfinexFX industry veteran Nick Cooke who has over a decade of experience working with FX, equity and CFD assets across major financial service providers in UK has now founded his own brokerage – Zenfinex Ltd. As per report published in Financemagnates website, Cook laid foundation for the brokerage firm back in November 2017. However, the firm managed to get a licence for financial and trading service offering just earlier this year. UK’s regulatory authority FCA (Financial Conduct Authority) granted the firm a license to operate in UK market on March 11, 2019 (License number – 816055) which mandates that the firm is required to provide protection for client’s funds under financial services compensation scheme(FSCS).

As per the information filed by brokerage firm with FCA, Nick Cooke is the person of contact for the firm. The information regarding the firm can be located in FCA’s registry containing details of registered financial service providers operating in UK using license number as reference id. When speaking about the launch of his brokerage firm, Cooke commented, “We are excited to be launching the new business under one of the most respected regulators in the industry, the FCA. Despite the industry becoming more challenging with ESMA changes, we are confident we can deliver a transparent and innovative STP offering to suit both retail and institutional traders”. Nick Cooke is managing director and co-founder of the firm as per information found in his LinkedIn profile.

However, the information in his profile suggests that this is not his first venture at starting up a financial service providing company. Post his tenure at FXCM and London Capital Group in the early half of his career, Nick founded Global Market Group in 2015 which is yet another FCA regulated brokerage offering FX and CFD trading services. Nick served as Managing Director of the firm since its debut but resigned from role as MD after nearly 3½ years in October 2018 to focus on other projects. Aside from Zenfinex, Nick also founded NC12 properties – a firm that invests on property development in and around London. He is currently serving the role of managing director for both NC 12 and Zenfinex Ltd as per the data in his LinkedIn profile.

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