SCA Grants Category 5 Licence to Sky Links Capital

Marking its expansion into regulated financial services in the Middle East’s leading financial hub, multi-asset brokerage firm Sky Links Capital has secured a Category 5 license from the UAE’s Securities and Commodities Authority (SCA).

Co-Founder & CEO at Sky Links Capital Group Daniel Takieddine on Tuesday said that this achievement will enhance their ability to provide exceptional financial services while ensuring compliance and transparency besides further solidifying their commitment to excellence, and innovation in the financial markets.

Takieddine, the former CEO of BDSwiss for the MENA region, founded Sky Links Capital in mid-last year. He undoubtedly leveraged the experience gained with his former employer, with whom he also secured the same SCA license for BDSwiss in June 2024.

Sky Links Capital specialises in multi-asset trading services across equities, commodities, futures, forex, and cryptocurrencies, leveraging technology-driven platforms and risk management tools.

“Our team has worked tirelessly to meet the stringent requirements set by the SCA and this license empowers us to expand our offerings and enhance our capabilities to better serve individual traders, corporations, and institutional clients, both locally and globally,” he added.

The SCA Category 5 license opens new development channels for Sky Links Capital by expanding its portfolio of financial services and enhanced arrangements. This regulatory milestone is a testament to the company’s commitment to meeting the regulatory requirements, ensuring that all services provided align with the highest standards of integrity and compliance.

With this license, Sky Links Capital said that it will remain committed to driving forward-thinking financial solutions and creating new opportunities for traders and investors worldwide. This achievement paves the way for Sky Links Capital to lead the way in the future of trading and investment, fostering growth and opportunity.

Sky Links Capital Chooses Centroid

Takieddine’s brokerage has partnered with fintech provider Centroid Solutions to enhance its trading infrastructure and strengthen its market presence.

This collaboration incorporates Centroid’s technology into Sky Links Capital’s platforms, offering improved access to liquidity, advanced real-time risk management tools, and more efficient trade execution services.

The integration is designed to optimise order execution for clients while enhancing connectivity with liquidity providers.

Cristian Vlasceanu, CEO of Centroid Solutions, said that they were excited to be working with Daniel and his team, and believe our solutions will enhance the trading experience for his customers.