Financial Services Firms
Ava Trade Middle East Limited
Financial Services Permission Number
190018
Date of Financial Services Permission
06 February 2020
Address
16-117, 16th Floor, Al Khatem Tower, ADGM Square, AL Maryah Island, Abu Dhabi, United Arab Emirates
Legal Status
Private Company Limited by Shares
Phone
+971544313777
Email
Regulated Activities
Type
Effective date
Withdrawn Date
Arranging Deals in Investments
06 February 2020
Effective date
06 February 2020
Withdrawn Date
Dealing in Investments as Principal
06 February 2020
Effective date
06 February 2020
Withdrawn Date
Conditions
In accordance with FSMR Section 30(4)(a) the following limitation(s) and stipulation(s) apply to each Regulated Activity as detailed:
- Dealing in Investments as Principal is limited to acting only as a Matched Principal, as described in the Prudential – Investment, Insurance Intermediation and Banking Rules (PRU); and
- The ensuing additional conditions attached to AVA’s grant of a Financial Services Permission letter dated 6 February 2020 concerning OTC Derivatives being offered to Retail Clients.
Endorsements
None
Regulatory Actions
None
Approved Persons
Reference Number
Name
Role
Status
Effective date start
Withdrawn date
00764
Fadi Wadih Abou Ras
Senior Executive Officer
Current
01 September 2021
Reference Number
00764
Name
Fadi Wadih Abou Ras
Role
Senior Executive Officer
Effective date start
01 September 2021
Withdrawn date
00339
Damien O’Conner
Licensed Director
Current
06 February 2020
Reference Number
00339
Name
Damien O’Conner
Role
Licensed Director
Effective date start
06 February 2020
Withdrawn date
00338
Daire Ferguson
Licensed Director
Current
06 February 2020
Reference Number
00338
Name
Daire Ferguson
Role
Licensed Director
Effective date start
06 February 2020
Withdrawn date
00338
Daire Ferguson
Senior Executive Officer
Withdrawn
21 January 2021
31 August 2021
Reference Number
00338
Name
Daire Ferguson
Role
Senior Executive Officer
Effective date start
21 January 2021
Withdrawn date
31 August 2021
00337
Mohamed Refaat Ahmed
Licensed Director
Withdrawn
06 February 2020
21 January 2021
Reference Number
00337
Name
Mohamed Refaat Ahmed
Role
Licensed Director
Effective date start
06 February 2020
Withdrawn date
21 January 2021
00337
Mohamed Refaat Ahmed
Senior Executive Officer
Withdrawn
06 February 2020
21 January 2021
Reference Number
00337
Name
Mohamed Refaat Ahmed
Role
Senior Executive Officer
Effective date start
06 February 2020
Withdrawn date
21 January 2021