Philippe Ghanem re-joins SquaredFinancial to create a new generation one-stop solution for traders and investors

The target markets include Europe, Asia, Latam and Africa where a range of brokerage, wealth management and asset management will be offered.

Philippe Ghanem has re-joined SquaredFinacial to oversee ambitious plans to expand both its services and geographical footprint, as it offers a new one-stop solution for traders and investors looking for secure, regulated and technology led access to global markets.

Mr Ghanem was one of the original founders of SquaredFinancial Group, and has returned to take-up the position of Executive Chairman, with the objective of making SquaredFinancial a global firm and a significant market contributor.  Known for his vision and insight he has been responsible for developing a number of very successful companies.  One of his first moves has been to bring in Husam Al Kurdi as Chief Executive Officer, who will focus on expanding the brokerage and market access side of the business.

Mr Ghanem commented:

“This is the optimum time to relaunch SquaredFinancial, as the world faces an unprecedented crisis and needs innovation and change to move forward.  We are developing a fintech based financial services company which combines the best technology with the best people to deliver for a new generation of clients.  Investors today want to be able to build a long-term relationship with an accessible, proactive and trusted partner.  They want a secure, easy to use and flexible solution from a firm they can trust to manage their access to global markets.  This is why we are launching SquaredFinancial at a time when everyone knows that change has to happen.”

Under the new leadership, SquaredFinancial is targeting exponential growth as it increases its presence in main markets and opens new offices in jurisdictions which offer strong and respected regulation.  Growth will be achieved organically as well as from the acquisition of financial institutions, banks or fintech companies.  Results will be delivered by a team which understands the investment drivers of a generation who are tech literate, market savvy and acutely aware that from global warming to pandemics the world is changing.

The target markets include Europe, Asia, Latam and Africa where a range of brokerage, wealth management and asset management will be offered.  At all levels, technology will be fully integrated to provide trading solutions with the highest levels of security, as well as managing KYC and AML commitments, so that clients are given the support they need whether they are looking to construct or preserve wealth.

“Over many years we have seen the development of financial services, mainly driven by new regulation or technology, however the needs and views of the clients were often overlooked.  It is now very clear that Generation X to Generation Z investors and traders are looking for new options, which can only be delivered by a fintech led financial services company.” added Mr Ghanem.

Read this next

Institutional FX

FIA EXPO: ICE’s Brian Norris talks ESG investment, carbon credits and market data

The FIA Futures & Options Expo, now in its 38th year, convened the listed derivatives dealers, thought industry leaders and other stakeholders for two days of networking.

Retail FX

Malaysia regulator exposes OctaFX clone, shady FB profiles

Malaysia’s financial regulator today warned online investors about the risks of following investment tips made on social-media platforms.

Digital Assets

Crypto trading volume spikes at Swiss bourse amid FTX collapse

The shockwaves from the historic collapse of Sam Bankman-Fried’s crypto empire are still being felt across the industry, but some trading venues are actually doing better because of it.

Executive Moves

CMC Markets adds Camilla Boldracchi to institutional sales

UK’s biggest spread better, CMC Markets has promoted Camilla Boldracchi to take on an expanded role within its institutional sales desk.

Institutional FX

FXSpotStream reports $1.48 trillion in monthly volume for November

FXSpotStream’s trading venue, the aggregator service of LiquidityMatch LLC, reported its operational metrics for November 2022, which moved higher on a yearly basis but reflected weak performance across executed trade volumes when weighed against the figures of the prior month.

Retail FX

Interactive Brokers’ client activity drops 30% YoY

Interactive Brokers LLC (NASDAQ:IBKR) saw 1.95 million daily average revenue trades, or DARTS, in November 2022 compared to 1.96 million transactions in the prior month.

Digital Assets

The rise of Crypto ETPs in traditional exchanges as crypto winter deepens

Institutional investors are increasingly looking at traditional regulated exchanges as their first route into digital assets amid market turmoil caused by the crypto winter and the collapse of several big names within the space, including FTX. Acuiti and Eurex surveyed 191 buy and sell-side firms on their views of the digital assets markets in order […]

Digital Assets

TP ICAP’s crypto arm receives FCA’s go-ahead

UK interdealer broker TP ICAP has received a regulatory go-ahead to launch its cryptocurrency services in the UK. The bid shows that the recent collapse of FTX exchange has done little to damp the interest of big names in running their own crypto business.

Industry News

Coin Signals founder to pay $2,847,743 after prison sentence over crypto Ponzi scam

The U. S. District Court for the Southern District of New York has ordered Jeremy Spence, founder of Coin Signals, to pay $2,847,743 in restitution to victims of a fraudulent virtual currency scheme.

<