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Deriv, global online trading company, has announced new market expansion of its operations in the UAE with the launch of newly formed subsidiary, Deriv Capital Contracts & Currencies L.L.C., under licence from the UAE Securities and Commodities Authority (SCA).
Fintech trading platform Deriv has secured a license to operate in the U.A.E. from the Securities and Commodities Authority on Wednesday, as per an official press release by the company.
Financial access remains unequal worldwide, with over a billion people lacking reliable banking. Peer-to-peer platforms encourage direct, flexible financial interactions and empower underserved communities.
Derek Swift of Deriv highlights how AI has made online scams more sophisticated, targeting user behaviour and trust. Deriv combats this with multi-factor authentication, strict on-platform communication, and AI-driven fraud detection.
Deriv recognised the need to modernise its QA processes to keep pace. Deriv deployed Octomind to reduce test maintenance, aid non-technical team members with automation, and build a scalable, resilient QA framework to align with modern development cycles.
Deriv welcomes graduates from BITS Pilani Dubai each year. Deriv featured in Gulf News, highlighting its support for BITS Pilani Dubai’s 25 years of excellence and growth.
Recognised for our commitment to delivering exceptional trading services for clients, Deriv continues to set the standard for outstanding trading experiences.
Deriv has appointed Rakshit Choudhary as its sole CEO following the departure of Jean-Yves Sireau from the executive team.
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