Mohamad Ibrahim, the FX/CFDs industry executive who left Exness in mid-2022, has joined XS.com as the Group Chief Executive Officer. He is based out of Dubai but will share his time in all global offices of the online broker.

Mohamad Ibrahim Joins XS.com

XS.com provides counterparty trading services to retail traders and has liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term, technology, and other white-label offerings for institutions. The company was originally established in Australia in 2010 but is now headquartered in Cyprus. It offers brokerage services with licenses in Australia, Cyprus, and Seychelles.

The press release shared with Finance Magnates detailed that Ibrahim is responsible for driving XS.com's growth strategy. Also, he will focus on developing new products and services and ensure customer satisfaction.

"I'm excited to have joined the XS brand at a time when they are reinventing themselves to become a globally connected business whilst being a more technologically advanced, and faster moving FinTech Fintech Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Read this Term firm," Ibrahim said.

"My role will include spearheading the broker's global expansion strategy as I take on the responsibility for driving the new XS.com vision and leading on some impressive expansion plans."

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Ibrahim Is an Experienced FX/CFDs Executive

According to his Linkedin profile, Ibrahim entered the trading industry in 2010 through a Business Development Manager role at the Lebanon offices of FXCM. On top of that, he was the Head of Global Sales and Business Development at Ikon Multibank Financial Group and a Business Development Advisor at Commanine.

His most recent industry experience was with Exness, a broker growing at a tremendous pace, at least in terms of trading activities. He separated from Exness in July 2022 after remaining as its Regional Director of the MENA region for about three years. Moreover, he was a Director at ICM.com between March 2017 and September 2019.

Along with his new role at XS.com, Ibrahim will continue to maintain his Managing Director position at Dubai-based The Stage, a small advertising services company.

"Having Mohamad Ibrahim join our brokerage as our new Group CEO is something myself and our leadership team are very excited about," said Sakis Paraskevov, the Group COO at XS.com.

"Mohamad brings with him a great wealth of experience and is seen as an innovator and thought leader within the global financial markets. He is an expert in providing solutions for trading a range of asset classes, has built up financial services companies from the ground up and understands trading systems and the regulatory factors that accompany their framework."