Jurisdictional flexibility obviously enhances client acquisition capacity, composition and diversity. It also de-risks your operating model and can fuel significant growth in enterprise value.
Right now, about the most marketable footing from which to offer an FX/CFD service within our industry globally is unquestionably Australia/ASIC/AFSL. Post ESMA Europe and mooting from Japan, Hong Kong and elsewhere will continue to drive so called jurisdictional arbitrage opportunities, in favour of those firms with multiple tier one and two licenses.
As our local regulator we are particularly well equipped to initiate and manage an ASIC/AFS license application process.