CXM Prime Gains FCA License, Appoints Muinmos’ Ashraf Agha as CEO
CXM Prime, a London-headquartered forex and CFD broker and a part of the CXM Group of Companies, announced on Tuesday that it had been authorized by the UK Financial Conduct Authority (FCA) to offer brokerage services in the country. With the authorization, the broker said it would offer premium liquidity and trading experience to its clients.The brokerage also disclosed the appointments of Ashraf Sleiman Agha, a Board Member at Muinmos ApS, as the CEO for CXM Prime in the UK and Peter Wilson as Head of Compliance. “Through our offering of diverse portfolio products, CXM Prime’s objective is to help our institutional clients grow their businesses and thrive. We are focused on building and maintaining long-term sustainable relationships with our clients. The firm is committed to offering best-in-class service and putting the interests of its clients at the heart of its business,” CXM Prime explained.Check out this recent Finance Magnates London Summit 2022 session on the state of liquidity between retail and institutional investors.Ashraf Agha and Peter Wilson Take on Senior Roles at CXM PrimeAgha, who is to lead the UK operations of CXM Prime, is an industry veteran with over 30 years of experience in the financial services industry. He co-founded CFH Markets (now Finalto) in August 2008.Throughout his expansive career, Agha worked for top financial firms such as Saxo Bank, Marex Spectron, and GCEX, among others. He is also the founder of Scandic Management Limited, a London-based management consulting company. He worked at Marex Spectron for three and a half years between May 2011 and October 2014, serving as the Chief Operating Officer for the firm's forex business. At Saxo Bank, he was the Director and Head of Treasury for almost nine years between 2000 and 2008. “This is an exciting opportunity intersecting top liquidity and prime providers. I relish the opportunity to expand the geographical reach of CXM Prime and bring our industry expertise to clients in the UK and overseas,” Agha said in the statement. Similarly, Wilson boasts of almost 30 years of industry experience from working with FA-regulated investment management, forex and CFD firms. CXM Prime in the statement added that Wilson has profound expertise in undertaking and overseeing key regulatory projects.Other Recent FCA LicensingMeanwhile, prime broker Hidden Road recently became the first company to secure both investment and digital asset licenses from the FCA. The UK regulator has so far only issued 41 digital asset licenses. In addition, Eurotrader Capital Limited, the UK subsidiary of Cyprus-based multi-asset broker, Eurotrader, also recently got its regulatory license from the FCA. This article was written by Solomon Oladipupo at www.financemagnates.com.
CXM Prime, a London-headquartered forex and CFD broker and a part of the CXM Group of Companies, announced on Tuesday that it had been authorized by the UK Financial Conduct Authority (FCA) to offer brokerage services in the country. With the authorization, the broker said it would offer premium liquidity and trading experience to its clients.
The brokerage also disclosed the appointments of Ashraf Sleiman Agha, a Board Member at Muinmos ApS, as the CEO for CXM Prime in the UK and Peter Wilson as Head of Compliance.
“Through our offering of diverse portfolio products, CXM Prime’s objective is to help our institutional clients grow their businesses and thrive. We are focused on building and maintaining long-term sustainable relationships with our clients. The firm is committed to offering best-in-class service and putting the interests of its clients at the heart of its business,” CXM Prime explained.
Check out this recent Finance Magnates London Summit 2022 session on the state of liquidity between retail and institutional investors.
Ashraf Agha and Peter Wilson Take on Senior Roles at CXM Prime
Agha, who is to lead the UK operations of CXM Prime, is an industry veteran with over 30 years of experience in the financial services industry. He co-founded CFH Markets (now Finalto) in August 2008.
Throughout his expansive career, Agha worked for top financial firms such as Saxo Bank, Marex Spectron, and GCEX, among others. He is also the founder of Scandic Management Limited, a London-based management consulting company.
He worked at Marex Spectron for three and a half years between May 2011 and October 2014, serving as the Chief Operating Officer for the firm's forex business. At Saxo Bank, he was the Director and Head of Treasury for almost nine years between 2000 and 2008.
“This is an exciting opportunity intersecting top liquidity and prime providers. I relish the opportunity to expand the geographical reach of CXM Prime and bring our industry expertise to clients in the UK and overseas,” Agha said in the statement.
Similarly, Wilson boasts of almost 30 years of industry experience from working with FA-regulated investment management, forex and CFD firms. CXM Prime in the statement added that Wilson has profound expertise in undertaking and overseeing key regulatory projects.
Other Recent FCA Licensing
Meanwhile, prime broker Hidden Road recently became the first company to secure both investment and digital asset licenses from the FCA. The UK regulator has so far only issued 41 digital asset licenses.
In addition, Eurotrader Capital Limited, the UK subsidiary of Cyprus-based multi-asset broker, Eurotrader, also recently got its regulatory license from the FCA.
This article was written by Solomon Oladipupo at www.financemagnates.com.
