Stater Global Markets, an FCA regulated Prime of Prime brokerage, has appointed FX industry veteran Ashraf Agha as a Strategic Advisor to the company.
Bringing almost 30 years’ experience in the financial sector to Stater Global, Agha may prove valuable to the firm’s operations, compliance, and Prime of Prime.
Ashraf Agha has held a number of executive roles, including Head of Treasury at Saxo Bank, Chief Operating Officer for the Foreign Exchange business at Marex Spectron and Co-Founder and Executive Director of CFH Clearing. He has also held a number of Board-level positions at market-leading organizations and is currently a Board member of RegTech firm muinmos.
Ramy Soliman, CEO of Stater Global Markets said: “Appointing Ashraf as a Strategic Advisor underpins our strategy of leveraging significant institutional experience to fast-track our growth. Ashraf’s expertise brings tremendous insight to Stater – he knows the Prime of Prime segment particularly well, has in-depth knowledge about the futures market and has a wealth of Board-level experience for FCA regulated entities and innovative FinTech companies. In fact, Stater was one of the early adopters of muinmos’ technology, which enables us to on-board clients quickly and ensure they remain compliant.”
Ashraf Agha, the new Strategic Advisor at Stater Global Markets, commented: “I believe there’s a huge market opportunity for Stater, given the current industry environment and the increased need for genuine Prime of Prime brokers from clients across the globe. Stater’s momentum and energy has huge appeal to me. I have always enjoyed working with fast growth businesses with high calibre teams, which is what attracted me to Stater, and I am looking forward to playing a key role in Stater’s future development as a global market leader.”
The FCA regulated Prime of Prime brokerage offers institutional clients direct access to Tier 1 bank and non-bank liquidity, clearing and institutional grade technology. The company has made a number of hirings in the recent past.
In July 2018, the group appointed Simon Henry as Head of Compliance with a primary role of ensuring that the company is fully compliant with the rules and regulations of the UK financial regulator, FCA. Henry joined Stater from Capital Index and worked previously at London Capital Group, LMAX Exchange, ETX Capital, Gain Capital, IG, and Morgan Stanley.