Notice Dated 14 May 2025 Of Voluntary Surrender Of Cypriot Investment Firm Licence
- Brightpool Limited ("Brightpool") has decided to wind down its trading operations and voluntarily renounce its licence as a Cypriot investment firm. The overall process, including the surrender of the investment licence, is expected to take approximately 6 months, during which time Brightpool will remain under Cyprus Securities and Exchange Commission ("CySEC") supervision until the licence is formally revoked. The CySEC has been notified of Brightpool’s intentions.
- Wind-down timeline: (i) From 19 May 2025, no new products will be traded through Brightpool. (ii) Between 19 May 2025 and 13 June 2025, Brightpool will facilitate only the buy-back of outstanding securities to conclude existing transactions.
- The sole broker that executes trades for its clients through Brightpool (the “Broker”) has been notified of Brightpool’s decision and of the wind-down timeline. Trading instructions may be provided by the Broker to Brightpool until the 13 June 2025. If any securities are still outstanding after that time, Brightpool will act on the Broker’s instructions to settle those securities at the prevailing market price. All settlements and payments will be processed through existing channels.
- In addition to Broker relationship managers or client service teams, the Brightpool team remains available to facilitate operations, answer queries, and address any concerns:
- For general enquiries: finance@brightpool-markets.com or +357 25 552 530
- For complaints: Submit via email to compliance@brightpool-markets.com or by post to 69-171 Arch. Makarios III Avenue, Cedars Oasis Building, 9th Floor Office 902, Limassol, 3027, Cyprus using the complaint form available here.
- If you have any outstanding securities, you may contact your Broker relationship manager or client service team or use the usual channels to provide your trading instructions to the Broker.
- Brightpool remains committed to an orderly wind-down process that protects client interests.
What we do
BrightPool is a multi-asset market-making service provider, delivering high quality execution.
Based in Limassol, Cyprus, we offer investment and ancillary services globally.
Our people have extensive expertise in the financial sector and are experienced in building cutting-edge technology for traders, enabling us to provide a world-class experience for our clients.
Authorised by CySEC
BrightPool Limited, licence number 378/19.
Get in touch
Call us on +357 25 552 530 for local and international calls or email info@brightpool-markets.com
Fully regulated and compliant
BrightPool Limited is a Cyprus investment firm, authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC) under licence number 378/19.
The company was incorporated on 30 December 2016 with registration number HE364491.