CFH Clearing and Noor Capital Launch MENA Liquidity Venture

Wednesday, 05/02/2020 | 08:29 GMT by Aziz Abdel-Qader
  • The new brand offers interbank liquidity pools to institutional clients, from retail FX brokers, to banks and fund managers.
CFH Clearing and Noor Capital Launch MENA Liquidity Venture
Noor Clearing logo

CFH Clearing, the UK FCA-authorized prime brokerage solutions provider, has launched a new joint clearing venture in partnership with Abu Dhabi investment firm Noor Capital. Called ‘Noor Clearing,’ the new unit is now open for business and provides B2B solutions for a broad institutional client base in the region.

The new clearing brand offers interbank Liquidity pools via proprietary technology to institutional clients, ranging from retail FX brokers to banks and fund managers. It secures access to a choice of platforms and a range of relevant solutions, including liquidity, Risk Management , and reporting tools. This liquidity can be integrated using APIs into multiple trading venues and third-party platforms.

The new collaboration is expected to be an important growth driver for TradeTech Group’s liquidity provider, which aims to complement its existing product suite and attract new players to the market. It also leverages Noor Capital’s license, local bank relationships, and regional expertise to further promote CFH’s multi-asset institutional liquidity and technology.

This expansion of CFH Clearing’s services and distribution network makes its liquidity also available to a broader set of market participants in the Emirates and the wider Gulf region. Enabling clients’ access to such a broad list of B2B derivative products under a unified technology and clearing solution is a highly progressive model for the region, both in terms of software and brokerage.

A foothold in the Middle East

CFH Clearing, which operates as a liquidity provider for small and medium-sized institutional clients and an STP broker for high net worth and institutional clients, has recently expanded the reach of its liquidity feed to a greater pool of accredited financial entities.

Marc Levin, CEO, CFH Group, commented: “We are excited and honored to partner closely with Noor Capital to accelerate both firms’ progressive B2B growth plans in the UAE and Middle East region. Our joint goal is to become the leading Prime of Prime in the Middle East and I believe that we are bringing an exceptional offering to institutional clients in the region by combining the best of both worlds, a proven track record in liquidity and technology with critical local knowledge and infrastructure.”

Mr. Mohammed Ghosheh, CEO, Noor Capital added: “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.”

CFH Clearing, the UK FCA-authorized prime brokerage solutions provider, has launched a new joint clearing venture in partnership with Abu Dhabi investment firm Noor Capital. Called ‘Noor Clearing,’ the new unit is now open for business and provides B2B solutions for a broad institutional client base in the region.

The new clearing brand offers interbank Liquidity pools via proprietary technology to institutional clients, ranging from retail FX brokers to banks and fund managers. It secures access to a choice of platforms and a range of relevant solutions, including liquidity, Risk Management , and reporting tools. This liquidity can be integrated using APIs into multiple trading venues and third-party platforms.

The new collaboration is expected to be an important growth driver for TradeTech Group’s liquidity provider, which aims to complement its existing product suite and attract new players to the market. It also leverages Noor Capital’s license, local bank relationships, and regional expertise to further promote CFH’s multi-asset institutional liquidity and technology.

This expansion of CFH Clearing’s services and distribution network makes its liquidity also available to a broader set of market participants in the Emirates and the wider Gulf region. Enabling clients’ access to such a broad list of B2B derivative products under a unified technology and clearing solution is a highly progressive model for the region, both in terms of software and brokerage.

A foothold in the Middle East

CFH Clearing, which operates as a liquidity provider for small and medium-sized institutional clients and an STP broker for high net worth and institutional clients, has recently expanded the reach of its liquidity feed to a greater pool of accredited financial entities.

Marc Levin, CEO, CFH Group, commented: “We are excited and honored to partner closely with Noor Capital to accelerate both firms’ progressive B2B growth plans in the UAE and Middle East region. Our joint goal is to become the leading Prime of Prime in the Middle East and I believe that we are bringing an exceptional offering to institutional clients in the region by combining the best of both worlds, a proven track record in liquidity and technology with critical local knowledge and infrastructure.”

Mr. Mohammed Ghosheh, CEO, Noor Capital added: “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.”

About the Author: Aziz Abdel-Qader
Aziz Abdel-Qader
  • 4984 Articles
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About the Author: Aziz Abdel-Qader
  • 4984 Articles
  • 31 Followers

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