Architect Financial Technologies Granted NFA Approval as an Independent Introducing Broker

Former FTX US President Brett Harrison’s Startup, Architect Financial Technologies, Expands into Derivatives Brokerage
 
In a significant milestone for the world of fintech, Architect Financial Technologies has gained approval from the National Futures Association (NFA) for its subsidiary, Architect Financial Derivatives, to operate as an independent introducing broker. Founded in January by former FTX US President Brett Harrison, Architect Financial Technologies is set to provide institutional investors with a comprehensive suite of derivatives brokerage services, spanning both the cryptocurrency and traditional markets.

Architect Financial Technologies is poised to disrupt the derivatives landscape with its innovative approach to serving the needs of institutional investors. An introducing broker, as defined by the NFA, is an entity that “solicits or accepts orders to buy or sell futures contracts, commodity options, retail off-exchange forex contracts, or swaps,” without directly handling customer funds. Instead, Architect Financial Technologies will primarily function as a software provider, ensuring a secure and seamless trading experience.

Speaking to Bloomberg Markets, Brett Harrison highlighted the company’s core objective, stating, “Our main focus is to build out regulated businesses in the exchange-traded derivatives spaces, not just for crypto derivatives but for derivatives at large.” This commitment to regulatory compliance underscores Architect Financial Technologies’ dedication to providing a transparent and trusted platform for its clients.

Architect’s proprietary trading platform is poised to offer an extensive range of derivatives trading opportunities, all within the bounds of regulation enforced by the United States Commodity Futures Trading Commission (CFTC). The platform will also facilitate clearing services through partnerships with reputable and regulated financial institutions.

One of the standout features of Architect’s offering is its commitment to global access. The platform will provide qualified customers with access to more than 20 regulated exchanges worldwide, thereby broadening the scope for institutional investors to diversify their portfolios and hedge against market risks effectively.

This development signals a pivotal moment for Architect Financial Technologies and the broader fintech industry. As it enters the derivatives brokerage sector, the company is well-positioned to transform the way institutional investors engage with both cryptocurrency and traditional derivatives markets. With a strong focus on regulatory compliance, cutting-edge technology, and global accessibility, Architect Financial Technologies is poised to make a lasting impact in the world of finance.

About Architect Financial Technologies:

Architect Financial Technologies is a pioneering fintech company founded by Brett Harrison, former President of FTX US. Launched in January, the company specializes in derivatives brokerage services, with a focus on serving institutional investors in the cryptocurrency and traditional derivatives markets. Architect Financial Technologies is committed to providing a secure, transparent, and globally accessible trading platform for its clients.

Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. Please consult with a qualified financial advisor before making any investment decisions.

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Maria Irene
Maria Irenehttp://ledgerlife.io/
Maria Irene is a multi-faceted journalist with a focus on various domains including Cryptocurrency, NFTs, Real Estate, Energy, and Macroeconomics. With over a year of experience, she has produced an array of video content, news stories, and in-depth analyses. Her journalistic endeavours also involve a detailed exploration of the Australia-India partnership, pinpointing avenues for mutual collaboration. In addition to her work in journalism, Maria crafts easily digestible financial content for a specialised platform, demystifying complex economic theories for the layperson. She holds a strong belief that journalism should go beyond mere reporting; it should instigate meaningful discussions and effect change by spotlighting vital global issues. Committed to enriching public discourse, Maria aims to keep her audience not just well-informed, but also actively engaged across various platforms, encouraging them to partake in crucial global conversations.

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