CFH Clearing and Noor Capital Announce Strategic Partnership in Middle East

The partnership will redefine institutional liquidity for the region by coupling CFH’s globally recognised multi-asset institutional liquidity and technology with Noor Capital’s prestigious license, local bank relationships and regional expertise.

CFH Clearing, TradeTech Group’s award-winning Liquidity Provider and Prime of Prime brokerage has formed a strategic partnership with Noor Capital, a leading UAE-based regulated financial institution. This will accelerate both companies’ progressive B2B growth plans, focusing exclusively on institutional clients and professional traders across the Middle East.

Mark Levin

The partnership will redefine institutional liquidity for the region by coupling CFH’s globally recognised multi-asset institutional liquidity and technology with Noor Capital’s prestigious license, local bank relationships and regional expertise.

Marc Levin, CEO, CFH Group comments, “We are proud to be partnering with Noor Capital to accelerate our expansion plans in the Middle East. By combining our individual strengths and know-how, clients will get the best of both worlds – i.e. unique local capabilities and knowledge as well as globally proven institutional liquidity and technology.

“The partnership is mutually beneficial – it enables CFH to have a strong foothold in the Middle East through a reputable and trusted regionally licensed firm and it allows Noor Capital to pursue a market leading position in the Middle East B2B market.”

Abdulla Al Suwaidi, Executive Director – Strategic Planning and Innovation at Noor Capital, said: “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.”

Further details about the partnership will be available at the launch in January 2020.

Read this next

blockdag

BlockDAG Redefines Crypto Mining as Presale Tops $18.5M, Outshining Ethereum ETF & Dogecoin Dynamics

The recent approval of the first Ethereum ETF in Hong Kong underscores a significant advancement in the cryptocurrency’s mainstream acceptance. While Ethereum continues to attract institutional attention, the Dogecoin price prediction suggests a possible resurgence, despite its current undervaluation from past highs.

Digital Assets

Bitcoin halving is done: ViaBTC mines historic block 840K

The Bitcoin network has confirmed its fourth-ever halving block, mined by the cryptocurrency pool ViaBTC, according to data from Blockchain.com. This significant event in the Bitcoin ecosystem reduced the mining reward by half, a deflationary measure occurring approximately every four years to control the issuance of new bitcoins and curb inflation.

Retail FX

True Forex Funds now offers Match-Trader and cTrader platforms

Proprietary trading firm True Forex Funds today announced the launch of Match-Trader, a multi-asset trading platform developed by California-based FX technology provider Match-Trade Technologies.

Retail FX

CySEC hits FXORO parent with €360,000 fine

The Cyprus Securities and Exchange Commission (CySEC) has fined MCA Intelifunds, trading as FXORO, a total of €360,000 for multiple violations of the Cypriot investment laws.  

Digital Assets

Binance’s CZ in good mood ahead of sentencing, says partner

Yi He, co-founder of cryptocurrency giant Binance, has shared a positive outlook on the legal situation of the exchange’s former CEO, Changpeng Zhao. Zhao is currently awaiting a sentencing hearing scheduled for April 30 in the United States.

Fundamental Analysis, Tech and Fundamental

Global FX Market Summary: USD, FED, Middle East Tensions April 17 ,2024

The Federal Reserve walks a delicate line, addressing high inflation through a hawkish stance while avoiding stifling economic growth.

blockdag

‘Kaspa Killer’ BlockDAG Goes To The Moon With $18.5M Presale, Draws Attention from AVAX and Kaspa Investors

Discover how ‘Kaspa Killer’ BlockDAG’s $18.5M presale and 400% surge positions it as the fastest-growing crypto, amidst AVAX’s anticipated market rally and Kaspa’s performance gains.

Tech and Fundamental, Technical Analysis

Bitcoin Technical Analysis Report 19 April, 2024

Bitcoin cryptocurrency can be expected to rise further toward the next resistance level 67000.00, top of the previous minor correction ii.

Digital Assets

Crypto.com denies setback in South Korean market entry

Crypto.com has refuted reports from South Korean media that suggested a regulatory hurdle might delay its expansion in South Korea.

<