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

Fintech

Sterling to provide risk and margin support for fixed income

“Firms must have the tools to effectively manage their risk across all asset classes. As yields rise, we see more exposure from clients in the fixed income space. We understand their need to measure and mitigate risk in a highly regulated environment.”

Retail FX

FXOpen launches HK share CFDs: Tencent, Alibaba, Xiaomi, Baidu

Hong Kong share CFDs will be commission-free for a limited period of time.

Retail FX

IronFX Celebrates an Award-Winning Start to 2024 with a Series of Industry Recognitions

IronFX, a global leader in online trading, has embarked on 2024 with a spectacular display of accolades that highlight its commitment to excellence and innovation in the competitive financial services sector.

Industry News

FIA urges CFTC to regulate use cases rather than AI itself

“We urge the CFTC to refrain from crafting new regulations that generally regulate AI because this approach presents certain well-known pitfalls. By approaching the issue from the perspective of AI as a technology, rather than the use case for the technology, corresponding regulations would likely necessitate a definition of AI. We anticipate that any attempt to properly define AI would be very challenging and require considerable resources.”

Education, Inside View

The Power of Public Relations in Finance: Shaping Perceptions & Building Reputation

It’s safe to say that the finance industry has faced its share of reputation crises over the years, from the 2008 financial collapse to the many scandals around irresponsible lending, political corruption, and even Ponzi schemes. 

Digital Assets

Crossover’s crypto ECN executed over $3 billion in Q1 2024

“Our growth is also driving continued increases in the percentages of trades that are ‘Order Crossing Order’ (OXO). Currently, roughly 10% of all trades executed on CROSSx are OXO, another differentiator in our platform’s capacity. This capacity and our unique execution model provide value to both the market maker and taker, as evidenced by our commercial model.”

blockdag

BlockDAG’s Explosive Presale Hits $20.3M In April Swaying Investors From XRP’s Price Trends Upward, & Polygon’s NFT Market

Learn about BlockDAG’s impressive $20.3M presale results, XRP’s price increase prospects, and the booming NFT market on Polygon among the top 10 cryptocurrencies.

Retail FX

Financial Commission warns of Eplanet Brokers

The Financial Commission, a self-regulatory compliance specialist for the financial services industry, is ramping up its scrutiny of unregulated brokerage firms. Today, the independent association warned against a company called Eplanet Brokers.

Retail FX

Dubai crypto exchange steps into prop trading

Dubai-based cryptocurrency trading platform, CoinW Exchange, marked its sixth anniversary by announcing a rebranding initiative and launching a proprietary trading product.

<