Licensing & Authorisation
License Classes
- Class A — Fully Automated AI Trading Systems
- Class B — Semi-Automated Hybrid Platforms
- Class C — Human-Controlled Manual Trading Firms
- Class D — Signal & Trade Advisory Providers
- Class E — Technology Providers (Infrastructure/API)
Application Requirements
- Proof of operational viability and capital adequacy;
- Algorithmic model disclosures and validation artifacts (where applicable);
- Cybersecurity and data-governance protocols;
- Clean criminal and regulatory history of directors and controllers;
- Submission to UTTRA’s supervisory and enforcement jurisdiction.
Prohibition on Unlicensed Activity
No entity shall operate, solicit clients, or provide regulated services without prior authorization from UTTRA.