The MENA online trading industry has just welcomed a major new player, with ANAX Capital formally opening its doors for business. Operating under a full Category One license issued by the UAE Securities and Commodities Authority (SCA) to Anax Capital Financial Markets LLC, the company is positioned to offer a comprehensive range of financial services.

ANAX Capital’s headquarters are located on the 47th floor of the Aspin Commercial Tower, a prime spot on Sheikh Zayed Road in Dubai—an increasingly recognized hub for financial innovation in the region.

ANAX Capital in Dubai, Marking New Era for MENA Online Trading

So, at the helm of ANAX Capital is Chairperson Tabinda Sanpal, a notable figure in the regional finance and investment space. Tabinda Sanpal is the wife of Satish Sanpal, the Dubai-based Indian entrepreneur and Chairman of ANAX Holding, a $3 billion conglomerate active in luxury real estate, premium resorts, and hospitality ventures. Tabinda also serves as the majority shareholder of SSB Bazar Trading LLC, which holds an FPI license from ORBIS India, allowing it to trade Indian equities, futures, and options.

ANAX Capital has attracted a seasoned executive team as it gears up for growth:

• Mitul Kapadia, Chief Operating Officer (COO), brings experience from his previous role as VP Sales at Daman Securities and prior roles at Al Ramz, Menacorp, and Al Rostamani Group.
• Shivanshu Shukla, Senior Business Development Manager, joins from BelleoFX and has held positions at Admirals, CLIQ FX, and others.
• Ali Farghly, Sales Manager, was previously Senior BDM at Doo Prime and has worked at DB Investing and AUS Global.
• Raneesh Poothakkandi, Head of Operations, previously worked at Phillip Futures DMCC.

With its strategic location, regulatory backing, and experienced leadership, ANAX Capital is ready to become a key player in the online trading ecosystem of the MENA region.

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