FNG Exclusive… FNG has learned that Kuwait based online brokerage firm NCM Financial has plans to expand to the UK.
NCM set up a new UK subsidiary NCM Financial UK Ltd in late 2021, and in 2022 began the application process for an FCA license for the new entity. The FCA license was formally granted to NCM earlier this week, on July 22.
To date, the group has injected capital of £3.75 million into NCM UK.
