Dubai: Rokos Capital Management (RCM) has opened a new office in Abu Dhabi after receiving its Financial Services Permission (FSP) from the Financial Services Regulatory Authority (FSRA). The new office is located in the Sky Tower, marking an expansion of RCM's international presence, which already includes offices in London, New York, and Singapore.
According to Emirates News Agency, Chris Irish, Head of Middle East and Head of Finance at Rokos Capital Management, stated that obtaining the full regulatory licence in ADGM represents a significant milestone for RCM's growth in the region. He emphasized the firm's commitment to expanding its team and enhancing engagement with local investors and partners.
Established in 2015, ADGM is recognized as a leading financial centre in the region, known for its robust legal framework that aligns with international standards. This framework provides certainty and connectivity for global firms and investors across Abu Dhabi and the broader region.
ADGM's appeal is bolstered by Abu Dhabi's economic stability, pro-business environment, and long-term diversification strategy, drawing international financial institutions seeking access to regional and global markets.
Arvind Ramamurthy, Chief Market Development Officer at ADGM, congratulated Rokos Capital Management on receiving its FSP and establishing its office in Abu Dhabi. He noted that RCM's entry enhances ADGM's ecosystem of global financial institutions and is supported by a transparent regulatory framework. Ramamurthy highlighted the strong momentum of firms setting up in ADGM, underscoring Abu Dhabi's status as a preferred destination for global investors and a gateway to regional opportunities.