Online broker Deriv opens second Cyprus office in Nicosia’s Asteroid building

Online broker Deriv has opened its second office in Cyprus in a move the company describes as a key milestone in its strategic growth plan.

Located on the 12th floor of the prestigious Asteroid building in Nicosia, the new office, according to a company announcement, "marks a pivotal moment in Deriv’s mission to redefine trading technology and attract the brightest minds in the industry."

With 25 years of expertise in the financial industry, Deriv has a global footprint in 20 locations worldwide including Limassol, receiving several ‘Great Place to Work’ awards.

Commenting on the new location, Rakshit Choudhary, Co-CEO of Deriv said, “Cyprus is pivotal to the online trading industry. Nicosia is a good choice due to its solid reputation as a thriving hub for research and tech."

“Our investment here not only strengthens our operational framework but also allows us to tap into the vibrant ecosystem that Cyprus has cultivated,” he added.

A hub for innovation and talent acquisition

The new office, opening mid-December, will act as a dynamic innovation hub, the company's announcement also said, adding, "It aims to redefine Deriv’s identity, transitioning from a traditional forex broker to a dynamic fintech company, by focusing on tech advancements such as AI, data analytics, and no-code/low-code solutions."

Andreas Potamitis, Head of Nicosia Office commented, “This expansion seeks to attract forward-seeking minds who are not only looking for career opportunities but to accelerate their professional growth through the dynamic roles.”

“Deriv offers extensive opportunities for professionals to work on AI-powered trading solutions, advanced platforms and sophisticated projects, all without the need for lengthy commutes,” he went on to note.

Featuring collaborative zones, modern workspaces, and various meeting spaces, the Nicosia office aims to create an environment where professionals can reach high levels of productivity and innovation in a vibrant professional setting.

The state-of-the-art office is designed to attract top-tier talent in roles such as Trading Analysts, DevOps and WinOps Engineers, and Low Code/No Code Developers, the company's announcement also pointed out.

Engaging with the best and brightest

Deriv debuted its recruitment initiatives at the IMH Career Fair in mid-December 2024, inviting professionals to connect with the team, explore groundbreaking career opportunities, and learn more about the company’s exciting upcoming plans.

Learn more about career opportunities at Deriv

About Deriv

For 25 years, Deriv has been committed to making online trading accessible to anyone, anywhere. Trusted by over 2.5 million traders worldwide, the company offers an expansive range of trade types and boasts over 200 assets across popular markets on award-winning, intuitive trading platforms. With a workforce of more than 1,400 people globally, Deriv has cultivated an environment that celebrates achievements, encourages professional growth, and nurtures talent development, which is reflected in its Platinum accreditation by Investors in People.