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HomeForexInstitutionalPrime-of-Prime FX brokerage Stater Global Markets announces technology partnerships, adds CFDsPrime-of-Prime FX brokerage Stater Global Markets announces technology partnerships, adds CFDsInstitutionalMarch 28, 2017byLeapRate Staff

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London-based FX Prime of Prime institutional brokerage Stater Global Markets has announced its core technology partners, as well as the introduction of CFDs in indices and commodities.

LeapRate exclusively reported about thelaunch of Stater Global Marketsin an interview with CEO Ramy Soliman last October. Soliman was most recently VP EMEA Sales at Integral Development Corp. From 2010-2015 he was with Citi heading EMEA Margin FX Sales. He has also worked as a dealer and in Institutional Sales atIG GroupHoldings plc (LON:IGG).

As far as technology partnerships go, Stater has indicated that:

has been chosen as the bridge provider for Staters MT4 White Label solution.

, which recently set up a Point of Presence inHK1 (Hong Kong)andSG1 (Singapore), will provide connectivity.

, a unit of NEX Group PLC (LON:NXG), will provideregulatory reporting services.

Ramy Soliman, CEO of Stater Global Markets explains,

We have spent the last six months assessing the leading technology vendors in this industry across all key areas of the business from front-end platforms and pricing aggregation tools to bridge and connectivity providers. Our strategy is to offer best of breed solutions to our client base and I am confident that our rigorous procurement process has enabled us to identify the highest quality technology partners.

We have not only been reviewing technology vendors but have also been assessing Liquidity Providers in order to offer a greater choice to clients. Our fund and retail broker clients, in particular, were keen for us to extend our product offering beyond Spot FX liquidity and this seemed a natural evolution for our business. We now offer CFDs in indices and commodities, with high quality pricing from our top tier non-bank counterparties.

Stater Global Markets offers clients direct access to Tier 1 bank and non-bank liquidity, clearing and institutional grade technology. The London-based firm is a matched principal broker which takes no risk.  All trades are passed on to Liquidity Providers on an STP basis.

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Bryan Seegers resigns as Co-Head Global eFX Coverage at ADS Securities

LeapRate has learned that longtime ADS Securities employee and Co-Head of Global eFX Coverage Bryan Seegers has resigned his position at the firm. Br