Noor Capital launches Mena trading and clearing platform

UAE-based fund manager Noor Capital has teamed up with UK-based prime broker CFH Clearing to launch a new multi-asset trading and liquidity platform.

Noor Clearing will offer interbank liquidity pools for a range of Mena-based institutional clients including fund managers and retail FX brokers.

Users will gain access to a choice of trading platforms and liquidity pools which can be connected to multiple trading venues and third party platforms via application programming interfaces.

In addition, users will get access to a number of additional services including risk management and reporting tools.

The collaboration is designed to offer Noor Capital’s clients a wider range of asset classes and trading services while also expanding CFH Clearing’s presence in the Mena market.

“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,” said Marc Levin chief executive of CFH Clearing.

© 2020 funds global mena

Related Articles