Equiti Group Hires Hamad Haider as Global Legal Head

Equiti Group, a retail and institutional brokerage, has appointed Hamad Haider as its new global head of legal.

As updated by Haider on Linkedin, he joined the broker earlier this month.

"I have joined Equiti to support and fuel the ambitious growth plans of Equiti globally," he told Finance Magnates. "My role will include growing the legal team and for legal to act as a key player in not only legal, but also commercial, decision making, as we accelerate our foray into growth target markets."

He moved to the Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term brokerage after spending over four-and-a-half years at PricewaterhouseCoopers, one of the big four audit firms. There, he joined as a partner and later earned the ranks of Middle East Head of International Business Reorganisations.

Before that, he was a Dubai-based senior associate of corporate commercial at Al Tamimi & Company.

After completing his studies, Haider started his legal practice in Pakistan and spend over half a decade in two firms: Haidermota & Co, and Hussain & Haider.

Capturing the Global Brokerage Market

Equiti is one of the leading brokers with services for both retail and institutional clients. The company has a wide global presence with operations in the United Kingdom, the UAE, the United States, New Zealand, Jordan, Kenya, Latin America, Cyprus, and Armenia.

Haider joined the company when it was already focusing on further global expansion and also its services.

"In a relatively short period of time compared to its peers, Equiti has seen exponential growth, particularly over the last 12 months," Haider added. "What is great about this growth is that it has been entirely organic, and the reason is the strong fundamentals that have been put in place by leadership over the years."

Notably, Equiti is one of the three regulated retail brokerages operating in Kenya. This will give an edge over the emerging retail trading demands in Africa.

The Group gained an additional license from the Seychelles regulator earlier this month for its locally registered entity.

Meanwhile, Equiti Capital UK, the British subsidiary of the Group, turned profitable in 2019 with $591,956 in gains from the previous nine month’s loss of $3.73 million.

Earlier today, Finance Magnates reported on Equiti Group’s partnership with technology provider HokoCloud for launching a social copy Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term.