CXM Prime Acquires FCA License, Appointed Muinmos Ashraf Agha As CEO

Peter Wilson was also appointed as the broker's Head of Compliance. Agha comes to the position with almost three decades of industry expertise.

CXM Prime, a forex and CFD broker based in London and part of the CXM Group of Companies, said on Tuesday that it has been approved by the UK Financial Conduct Authority (FCA) to provide brokerage services in the nation. With the approval, the broker said that it will provide its customers with top liquidity and trading experience.

The brokerage also announced the employment of Ashraf Sleiman Agha, a Muinmos ApS Board Member, as CEO for CXM Prime in the UK and Peter Wilson as Head of Compliance.

Through our supply of varied portfolio solutions, CXM Prime's mission is to assist our institutional customers to expand their companies and prosper. We are committed to developing and sustaining long-term relationships with our customers. “The company is devoted to providing best-in-class service and placing its customers' interests at the center of its operations,” CXM Prime added.Peter Wilson and Ashraf Agha Accept Senior Positions at CXM Prime

Agha, who will manage CXM Prime's UK operations, is a financial services industry veteran with over 30 years of expertise. In August 2008, he co-founded CFH Markets (now Finalto).

Agha has worked with a variety of leading financial institutions, including Saxo Bank, Marex Spectron, and GCEX. He is also the founder of Scandic Management Limited, a management consulting firm located in London.

He was the Chief Operating Officer for Marex Spectron's FX division for three and a half years, from May 2011 to October 2014. Between 2000 to 2008, he served as the Director and Head of Treasury at Saxo Bank.

“This is a fantastic opportunity that brings together high liquidity and premier suppliers. ”I am excited about the chance to broaden CXM Prime's geographical reach and deliver our industry experience to customers in the UK and beyond, Agha said in a statement.

Wilson, on the other hand, has almost 30 years of industry expertise from working with FA-regulated investment management, forex, and CFD organizations. Wilson has extensive experience executing and directing significant regulatory initiatives, according to CXM Prime.

Firms That Recently Acquired FCA Licenses

Meanwhile, prime broker Hidden Road was the first to get both investment and digital asset licenses from the FCA. So yes, the UK agency has only given 41 digital asset licenses.

Furthermore, Eurotrader Capital Limited, the UK subsidiary of Cyprus-based multi-asset broker Eurotrader, has received its FCA regulatory license.

Find out more of CXM Prime news here: https://www.wikifx.com/en/dealer/1934784780.html

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