AssetsFX names Waleed Salah head of sales for MENA

abdelaziz Fathi

Ox Securities, the trading name of ASIC-regulated brokerage Ruizean Markets, has parted ways with Waleed Salah, who joined the Australian company in April as head of sales for the MENA region.

Waleed Salah

For his latest stint, Mr. Salah has landed at AssetsFX, a registered FX broker in Kingstown St. Vincent and the Grendadines. He is taking up the role of head of sales for the Middle East and North Africa (MENA) region.

Prior to Ox Securities, Salah left a short tenure of 11 months at UK-based broker Valutrades Limited, where he held an analogous role since June 2021. Over the last 10 years, he has held a variety of sales positions with established brands within the foreign exchange industry.

His career encompasses other stops including working as head of Arabic office at Blackbull Markets, an Auckland-headquartered retail trading platform. Additionally, he served as a senior business associate with ATFX Global Markets (CY) Ltd.

Prior to that, a two year tenure as manager of middle east office at USGFX took Salah’s career between 2016 and 2018, preceded by nine months at RoboForex as sales team manager.

Commenting on the appointment, AssetsFX CEO said in a statement to FinanceFeeds:

Greetings, and congratulations on your new role! There is no one magic move or secret that creates victory, but lots of little things that, when added together, can make you victorious. I saw you work so hard every day to achieve this kind of accomplishment, and I can’t think of anyone who deserves it more. You set a fantastic example for everyone at the company. Hopefully an incredible journey you will start with us! Stay BOLD!

In his new position, Waleed will lead the sales team in charge of Middle East and Africa. His decade-long experience will be a great asset as AssetsFX aims to strengthen its position in different markets such as the Middle East and Africa. He brings with him a proven track record of success, and a comprehensive understanding of the needs of local customers.

 

Read this next

Digital Assets

Societe Generale launches its own cryptocurrency, EURCV

French banking giant Societe Generale has launched its own euro-pegged stablecoin, EUR CoinVertible (EURCV). This move by France’s third-largest bank reflects the increasing trend of mainstream financial institutions embracing cryptocurrencies on a global scale.

Executive Moves

Stelios Eleftheriou leaves NAGA Group to join BVNK

BVNK, the crypto-powered payments and banking platform for businesses, has appointed FX industry veteran Stelios Eleftheriou, who has a colorful career across the gaming industry, as Business Development Director (CFD & iGaming).

Retail FX

CAPEX.com introduce ETFs on UAE, Saudi stocks

Abu Dhabi-based broker CAPEX.com has expanded its asset class offerings to include a new suite of Exchange-Traded Funds (ETFs) tailored for the United Arab Emirates (UAE) and Kingdom of Saudi Arabia (KSA) markets.

Institutional FX

Tradeweb Markets surges past $1.80 ADV in November

Tradeweb Markets Inc. (Nasdaq: TW) has reported a total trading volume of $38.2 trillion and a record average daily volume (ADV) of $1.80 trillion for November 2023. These figures mark a 59.2% year-over-year increase.

Inside View

A Mission in Accounting

Ismael Haber, an auditor and accountant, has made it his mission to help businesses improve the quality of their financial information by eliminating fraud and error. In the next five years, the demand for these specific financial services, being external financial audits, forensic accounting, and other fraud preventive and detective services is envisaged to increase.

Institutional FX

CME Group to launch new spot FX marketplace ‘CME FX Spot+’ in 2024

US derivatives exchange, CME Group today announced plans to introduce ‘CME FX Spot+’, a novel spot foreign exchange (FX) marketplace.

Interviews

FMLS:2023: Andrew Mreana provides an exclusive sneak peek into cTrader’s 2024 innovations

cTrader’s focus for the next year would be on developing new tools for Introducing Brokers (IBs) and partners, particularly those related to algorithmic (algo) trading, the company’s head of growth told FinanceFeed in an exclusive interview at the Finance Magnates London Summit 2023.

Digital Assets

Grayscale’s Ethereum ETF stalls: SEC extends review to January 2024

The United States Securities and Exchange Commission (SEC) has extended the evaluation period for Grayscale’s proposed Ethereum spot ETF.

Institutional FX

BMLL completes China equity data offering: Shanghai, Shenzhen, and Hong Kong

“Demand for China data has never been higher. This is set against a general industry trend of increased market participant sophistication, and an increasing demand for quality historic market data to understand market microstructure and venue behaviour. Market participants need to get the full picture of market quality, liquidity and order book dynamics to ultimately make better informed decisions on the markets they trade and the venues they run.”

<