The office is located at Cedars Oasis Tower and forms part of the company’s wider global expansion plan. The company explained in a statement that it views Cyprus as a “major global hub for forex and online brokerage companies, and well-positioned as a business gateway to access Asia, Europe, the Middle East and Africa.”
Zahi Younan, CEO of Quant Insight Europe, added: “Cyprus was an obvious choice when it came to selecting the best-placed base to lead our expansion into new markets and territories, as it is not only an ideal location to access markets in the adjacent continents, but it is also an emerging hub for traders, online brokers and retail investors in its own right.”
Quant Insight will also launch its new retail product named iQ in Cyprus. It is scheduled for official release in 2022 and aims to bring informative analytics and trading insights to individual retail investors.