MergerPlace

MAS Capital Markets Services License

Singapore, Singapore


  • Asking Price: $4,000,000
  • Gross Income: Not Disclosed
  • Cash Flow: Not Disclosed
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #226511
  • Established: Not Disclosed
  • Employees:

Business Description

Key Singapore CMS Forex License Features and Benefits

• Setting up a financial firm in Singapore, one of the World’s leading Financial Centre
• Regulated by the Monetary Authority of Singapore (MAS) voted one of the best Central Bank in
the World
• Low Corporate Tax of 17%
• No withholding tax on dividends and interest

Details of this transaction

1. The Firm was incorporated in 1999, licensed in late 2010s.
2. Shares capital requirement is SGD2,000,000 (about USD1,500,000).
3. Liquidity requirement as prescribed by MAS is SGD1,000,000 (about USD750,000)
4. Capital Markets Services License include the following permissions:
a. Dealing in Capital Markets Products
i. Spot Foreign Exchange Contracts for the Purposes of Leveraged Foreign
Exchange Trading;
ii. Over-The-Counter Derivatives Contracts.
5. The Firm also received Exempt Financial Adviser status and is allowed the following
exception:
a. Advising on Investment Products
i. Spot Foreign Exchange Contracts for the Purposes of Leveraged Foreign
Exchange Trading;
ii. Spot Foreign Exchange Contracts other than for the Purposes of
Leveraged Foreign Exchange Trading;
iii. Over-The-Counter Derivatives Contracts.
6. License Limitations:
• Able to provide services to High Net Worth Individuals.
• Able to provide services to Professional Clients/Institutions.
7. The Firm is attractive to buyers who wants to be a Liquidity Provider servicing the B2B
markets or provide FX brokerage services to accredited and high net worth investors (less
retail clients).
8. Possible to apply for upgrade to include servicing retail clients or additional permission to
include Fund Management.
9. Purchase price of the firm comes with the following:
a. 1 x Operating Bank Account
b. 1 x Clients’ Assets Holdings Bank Account
c. 1 x Metaquotes MT5 license
10. The Firm has a clean client record with no open or unresolved legal issues.
11. The Firm does not have local directors or licensed representatives but Desfran is able to
assist in the hiring process.
12. Buyer have the choice of taking over current office location or seek new premise and Desfran
is able to assist.

Category: Banks & Other Financial Service


Business Details

Primary Business Category: Finance - Insurance Carriers & Related
Location: Singapore
Metropolitan Area: Singapore

Company Information

Home Based: No
Franchise: No
Relocatable: No
Number of Employees:

Financial Information

Asking Price: $4,000,000
Seller Financing Available: No

Contact Business Seller

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Business Listed By:

Rick Brown

MergersCorp M&A International