CXM Prime announces UK FCA license and Ashraf Sleiman Agha as CEO
“I relish the opportunity to expand the geographical reach of CXM Prime and bring our industry expertise to clients in the UK and overseas. We have operated with an innovative, tailored approach from inception, with a focus on deep liquidity, and solutions for our client’s needs.”
CXM Prime Ltd has announced industry veteran Ashraf Sleiman Agha as the Chief Executive Officer in the United Kingdom amid approval from the Financial Conduct Authority (FCA) to offer brokerage services.
The London-headquartered broker will deliver a premium liquidity and trading experience for its clients, with an offering that includes Rolling Spot and CFD liquidity for Professional and Eligible Counterparty clients in the United Kingdom, the European Union, and globally, on an exclusively non-advised basis.
CXM Prime delivers top liquidity, execution, and technology to institutionals
As a provider of liquidity solutions for CFDs and leveraged FX, CXM Prime wants to build and maintain long term sustainable relationships with institutional clients looking to grow their business and thrive with a “best in class service”, as the broker puts it.
CXM Prime was founded by a team of FX veterans with a mission to offer world-class brokerage services in the UK to regional and international participants. The broker named robust liquidity, superior execution, and cutting-edge, resilient technology as key differentiators.
The broker stated that, through working with an FCA regulated broker, clients can rest assured that the firm adheres to strict regulatory standards and prioritizes treating customers fairly.
CXM Prime Ltd’s innovative infrastructure, deep liquidity pools and new technological solutions are intended to ensure the best service provision and trading experience for clients wanting to develop optimal trading strategies.
CXM Prime appoints Ashraf Sleiman Agha as CEO
At the helm of CXM Prime will be Ashraf Sleiman Agha, who was appointed Chief Executive Officer after more than 30 years of experience in the financial sector, with roles including Head of Treasury at Saxo Bank, Chief Operating Officer for the Foreign Exchange business at Marex Spectron and Co-Founder and Executive Director of CFH Clearing (Finalto) among other successful FX and CFDs firms. Ashraf was also instrumental in the advisory and business development of RegTech firm Muinmos ApS.
Ashraf Sleiman Agha will bring his extensive expertise in managing FX and CFDs firms, including his regulatory and operational prowess, to the role of CEO of CXM Prime, where he will oversee all UK operations and team members.
Peter Wilson was appointed Head of Compliance at CXM Prime to further strengthen the prime broker’s regulatory and compliance position. He joins the firm after 30 years at FCA regulated companies in the investment management, foreign exchange, CFD, and EMI sectors. Over the last decade, he build and led in-house compliance teams and he is also a member of MLROs.com’s Advisory Board. CXM Prime said it considers Peter Wilson an invaluable asset.
Ashraf Sleiman Agha, Chief Executive Officer at CXM Prime, said: “This is an exciting opportunity intersecting top liquidity and prime providers. I relish the opportunity to expand the geographical reach of CXM Prime and bring our industry expertise to clients in the UK and overseas. We have operated with an innovative, tailored approach from inception, with a focus on deep liquidity, and solutions for our client’s needs. Through maintaining high regulatory standards, we shall maintain this trajectory”.