CFH is aiming to become the leading technology provider for the Turkish Regulated FX market
In a press release issued Monday, we learned CFH Clearing Limited (formerly known as CFH Markets Limited) announced ClearVision is now fully compliant with Turkish regulation. This latest technological development is a key milestone for CFH Clearing, which is aiming to become the leading technology provider for the Turkish Regulated FX market.
ClearVision from CFH Clearing provides brokers with a combination of Prime of Prime interbank liquidity management technology solutions and sophisticated trading technology. With its modular structure, ClearVision provides all the tools required by brokers to manage an increasingly complex business with multiple trading platforms, liquidity providers, back office systems and risk books.
According to Lars Holst, CEO of CFH Clearing, “We are rapidly gaining momentum in Turkey and already have agreements in place with some of the leading brokers in Turkey. The interest is high in our ClearVision suite of products which we have adapted to comply with Turkish regulation, such as the need for local hosting for reporting.
To support growth in the region, Mehtap Önder has been appointed as Regional Director for Turkey, with responsibility for sales and support. A native Turkish speaker with strong relationship management skills, Mehtap has a thorough understanding of the local regulatory and broker requirements.
“As a result of our potential for growth in this region, we decided to appoint a dedicated Turkish Director – someone who speaks Turkish, understands the culture and the local approach to business. Mehtap is an asset to the team and we are looking forward to working with her to develop our presence in Turkey.”
About CFH Clearing
CFH Clearing is an interbank prime of prime solutions provider for small and medium sized institutional clients and is one of the largest interbank STP venues in the market, with over 400 institutional clients in 82 countries. CFH Clearing is authorized and regulated by the Financial Conduct Authority (FCA). For more information, please visit www.cfhclearing.com
For more on the global Forex industry see the LeapRate-Dow Jones Forex Industry Report.