FCA regulated Prime of Prime brokerage Stater Global Markets has announced that FX industry veteran Ashraf Agha has been appointed as a Strategic Advisor to the company, bringing significant expertise in operations, compliance and Prime of Prime.
Ashraf Agha has almost 30 years’ experience in the financial sector, with 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, where he was accountable for all operations. He has held a number of Board-level positions at market-leading organisations and is currently a Board member of fast-growth RegTech firm muinmos.
Ramy Soliman, Stater Global Markets
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 added:
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.
Ashraf Agha’s appointment follows on from a number of other significant hires at Stater over the last six months, including Mark Chesterman as COO, who joined from IG’s institutional division; Michael Davies as Global Head of Sales who joined from Sucden Financial; Ayhan Gurcuoglu as Regional Sales Manager (Turkey), also from Sucden Financial; and Simon Henry, Head of Compliance, previously Head of Compliance at Capital Index and London Capital Group.
Stater Global Markets is an FCA regulated Prime of Prime brokerage which offers institutional clients direct access to Tier 1 bank and non-bank liquidity, clearing and institutional grade technology. The London-based firm is a wholly owned subsidiary of SBL Holdings Limited.