Noor Capital, a leading UAE-based regulated financial institution and CFH Clearing, the UK FCA-authorized prime brokerage solutions provider, have announced their new strategic B2B partnership “Noor Clearing” at a launch event in DIFC. The event was attended by Mr. Fahad Al Gergawi, CEO, Dubai FDI, Mr. Abdul Jabbar Al-Sayegh, Chairman of Noor Capital & Mr. Christian Frahm Chairman & Co-Founder of CFH Clearing, as well as senior management from both companies along with their most valuable relationships in the region and abroad.
Noor Clearing is a trade mark as a result of the strategic partnership by CFH and Noor Capital which is regulated by the Central Bank of the United Arab Emirates, will provide institutional clients and professional traders across the Middle East with CFH’s award-winning multi-asset liquidity and technology and will leverage Noor Capital’s local Brokerage relationships, license and regional expertise.
Marc Levin, CEO, CFH Group comments, “We are excited and honored to partner closely with Noor Capital to accelerate both firms’ progressive B2B growth plans in the UAE & 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”.
“Noor Clearing” will provide institutional clients with their complete liquidity and technology requirements, offering access to a choice of platforms and a range of technology including liquidity, risk management and reporting tools.
For further information, please visit www.noorclearing.com