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CFH Clearing and Noor Capital Announce the Launch of Noor Clearing

Andrew Saks-McLeod, Head of Research and Analysis, ETX Capital

“Our joint goal is to become the leading Prime of Prime in the Middle East and I believe that we are bringing an exceptional offering to institutional clients in the region by combining the best of both worlds, a proven track record in liquidity and technology with critical local knowledge and infrastructure” says Marc Levin, CEO, CFH Group

CFH Clearing, TradeTech Group’s award-winning Liquidity Provider and Prime of Prime brokerage, and Noor Capital, a leading UAE-based regulated financial institution, have announced that their new strategic partnership is called Noor Clearing and is now open for business.

Noor Clearing is a trade mark as a result of the strategic partnership by CFH and Noor Capital which is regulated by the Central Bank of the United Arab Emirates. With offices in Abu Dhabi and Dubai, Noor Clearing provides institutional clients and professional traders across the Middle East with CFH’s award-winning multi-asset liquidity and technology and leverages Noor Capital’s local Brokerage relationships, license and regional expertise.

Marc Levin

Marc Levin, CEO, CFH Group comments, “We are excited and honored to partner closely with Noor Capital to accelerate both firms’ progressive B2B growth plans in the UAE and Middle East region. Our joint goal is to become the leading Prime of Prime in the Middle East and I believe that we are bringing an exceptional offering to institutional clients in the region by combining the best of both worlds, a proven track record in liquidity and technology with critical local knowledge and infrastructure.”

Mr. Mohammed Ghosheh, CEO, Noor Capital added, “We constantly seek to offer investors a unique experience, by using the latest techniques and providing them with the best trading platforms and with an innovative and diversified set of financial products and services. We believe that our regional reputation, expertise and license combined with CFH’s award-winning multi-asset liquidity and technology will have significant appeal to a broad institutional client base in the region.”

Noor Clearing provides institutional clients and professional traders with their complete liquidity and technology requirements, offering access to a choice of platforms and a range of technology including liquidity, risk management and reporting tools. For further information, please visit www.noorclearing.com

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