Noor Clearing named ‘Best White Label Solution’ at Ultimate Finance Awards MEA 2024

abdelaziz Fathi

Noor Clearing has been honored with the ‘Best White Label Solution’ award at the Ultimate Finance Awards MEA 2024, marking a landmark achievement for the company.

This recognition reflects the concerted efforts and collaboration between Noor Clearing and Finalto in the financial services sector.

The alliance with Noor Clearing, which dates back to 2022, allowed Finalto to expand its distribution network to a broader set of market participants in the Emirates and the wider Gulf region. Enabling clients’ access to such a broad list of B2B products under a unified technology was a highly progressive model for the region, both in terms of software and brokerage.

“We are honoured by this recognition and remain committed to advancing the field of financial technology. Our partnership with Finalto is built on a shared vision of excellence and innovation, and this award is a testament to the synergy between our teams,” added Mohammed Younis, Head of Institutional Sales at Noor Clearing.

The ‘Best White Label Solution’ award is seen as a notable milestone for Noor Clearing. It underlines the company’s success in establishing industry benchmarks and delivering quality services to its clients. With a continued focus on strategic expansion, Noor Clearing aims to maintain its upward trajectory in the fintech industry, striving to create lasting value for clients and stakeholders.

Market participants can anticipate broader access to a range of financial instruments, catering to the varied needs of institutional clients, brokers, and traders in Singapore. This suite of options encompasses forex, commodities, indices, and more, offering a diverse set of choices.

Noor Clearing is a trademark regulated by the Central Bank of the United Arab Emirates. With offices in Abu Dhabi and Dubai, the company provides institutional clients and professional traders across the Middle East with multi-asset liquidity and technology as it leverages its parent’s local brokerage relationships, license and regional expertise.

 

  • Read this next

    Fundamental Analysis

    Global FX Market Summary: EUR, Fed Minutes February 21, 2024

    Hawkish Fed minutes could strengthen USD, dovish BoE hints could boost euro, mixed economic data leaves impact unclear, FOMC minutes release today holds the most weight.

    Digital Assets

    360T launches Crypto NDF offering

    “By launching our crypto offering with non-deliverable derivatives products, we are allowing our diverse, global client base to engage with the crypto market without the need to build or invest in Distributed Ledger Technology (DLT) infrastructure. Looking ahead, we will continue to work with our industry partners to expand 360T’s crypto.”

    Technical Analysis

    FTSE 100 index Technical Analysis Report 20 February, 2024

    The FTSE 100 index is likely to fall to support level 7600.00 after reversing from resistance level 7750.00.

    Retail FX

    Afterprime enhances trade reporting with PrimeXM and TRAction

    “This collaboration has made setting up EMIR and MIFIR reporting for our CySEC entity a breeze, allowing us to maintain our focus on providing best-in-class pricing and top-notch customer service.”

    Market News

    US Market Stocks See a Dip Ahead of FOMC Minutes Announcement

    As the financial world eagerly awaits the release of the Federal Open Market Committee (FOMC) meeting minutes scheduled for today, the S&P 500 index begins trading slightly lower, marking a subtle shift in market sentiment following a prolonged rally.

    Fintech

    Adaptive proves that “the future of finance is in the cloud”

    “While workloads have migrated to the cloud over the past decade, some have doubted whether its latency and fault tolerance can match that of on-premises solutions – our joint testing on Google Cloud, proves that this is the case.”

    Retail FX

    Axi Select offers live trading amid “end of demo account prop firm model”

    “We genuinely empathize with the thousands of talented traders who will now be denied access to their allocated funds, and we encourage anyone using the demo trading registration model to question whether their prop firm partner will be able to continue as an ongoing concern given recent events. Unfortunately, this could be the beginning of the end for the demo account prop firm model.”

    Digital Assets

    Celsius founder Mashinsky agrees to shared lawyers with Sam Bankman-Fried

    Former Celsius CEO Alex Mashinsky has addressed potential conflicts of interest in his legal representation during a brief hearing in a New York courtroom.

    Digital Assets

    Sam Bankman-Fried captured in first jail photo

    Sam Bankman-Fried, the once-billionaire founder of FTX, has been spotted looking quite different with a new beard and a slimmer figure in a photo that’s been making rounds, reportedly taken inside New York’s Metropolitan Detention Centre.

    <