Equiti Capital Names David Meek as Non-Exec Chairman

Equiti Capital, a provider of foreign exchange (forex) and contracts for difference (CFD) liquidity, announced this Monday that it has appointed a new Non-Executive Chairman of its Board – David Meek.

Meek will assume his new role following the approval from the Financial Conduct Authority (FCA), which is currently pending, the statement released today said. He brings more than three decades worth of experience in the financial industry.

David Meek’s career in banking

In particular, Meek’s career has been largely in the banking sector, having worked at numerous tier 1 banks, such as JP Morgan and Citigroup, where he collectively spent 18 years.

During his career, Meek has also worked at Mizuho, Natwest Markets and Bankers Trust. At present, Meek is a Non-Executive Director and member of numerous Committees at National Commercial Bank (NCB), a listed Saudi Arabian bank.

Commenting on the appointment, Equiti Capital’s CEO, Brian Myers said in the statement: “After an extensive search, Equiti Capital is delighted to welcome David with his exceptional experience to the board. We see tremendous value-add across governance, risk and commercial elements of our business.”

In addition to his roles in the financial space, Meek is also a Non-Executive Director of This Land, a UK real estate company. He is the Chair of Getting on Board and a Trustee and Chair of the Audit and Risk Committee at the British Liver Trust, among other roles.

Source: Finance Magnates

Speaking on his new role, Meek added in the statement: “I am delighted to be joining Equiti Capital at this exciting time in the company’s development and to lead a board with a client focused mindset, strategic vision and a clear determination to set the benchmark for the sector. 

“The embedded culture throughout the Equiti Group is focused on the highest standards of governance, transparency and innovation, leading to impressive client solutions and outcomes. These foundations provide an excellent base for executing the company’s growth strategy and ensuring clients receive the highest quality services backed by a robust regulatory ethos.”

The appointment of Meek follows on the heels of Equiti hiring industry veteran Adrian Coxon to take on the role of its Chief Marketing Officer, as Finance Magnates reported.

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Equiti Capital Brings Prime Liquidity to Gold-i’s Matrix Network

The addition of Equiti Capital into the Gold-i’s ecosystem will bring extra liquidity and access to FX, metals and CFDs.

London-based Equiti Capital UK Ltd, the institutional prime brokerage arm of the Equiti Group, has deployed Gold-i’s Matrix as an additional distribution channel, making its multi-asset liquidity available to brokers worldwide. The addition of Equiti Capital into the Gold-i’s ecosystem will bring extra liquidity and access to the prime broker’s offering that includes FX, metals and CFDs.

Mitesh Vaghela, Director of Product at Equiti, said: “Equiti’s integration with Gold-i will be a significant value-add to Equiti Capital, and the Equiti Group, given Gold-i’s extensive client base in regions that supports Equiti’s global growth strategy.”

Gold-i’s Matrix suite of products provide a distribution channel of multi-asset class liquidity for a global network of brokers, prime brokers and hedge funds. Members are able to deliver their liquidity to other end-customers through Gold-i’s Matrix, as well as manage their trading book and customize their liquidity through different management tools.

Equiti Capital UK has been actively expanding the reach of its liquidity offering, with today’s announcement comes barely three months after the prime brokerage joined the oneZero Ecosystem.

Joy Li, Head of Business Development Asia Pacific for Gold-i, said: “We are delighted that Equiti Capital has joined our Matrix NETwork. They are a highly reputable global firm with excellent multi-asset liquidity. Having Equiti Capital in our NETwork will open new opportunities for our clients in the Asia Pacific, Middle East and Europe regions.

Vincent Pang, Head of Asia Pacific region at Equiti Capital, added: “Equiti is very pleased to strengthen and expand its position in the Asia-Pac region through the partnership with Gold-i.  One of Equiti’s key strengths is collaboration. We work with the best in class trading solution providers and vendors to ensure our clients have an unparalleled trading experience.”

Source: Finance Magnates

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Equiti Group continues leadership expansion with new Chief Marketing Officer

London - 29 January 2020 - Equiti Group, a progressive provider of multi-asset financial products, has announced the appointment of Adrian Coxon as Chief Marketing Officer.

Coxon brings a wealth of global experience having built international brands in the industry and launched them into new and emerging markets. He has a track record of delivering retail and institutional growth across a wide range of products and markets with extensive expertise in digital marketing.

Coxon’s career has incorporated both large multinational institutions and small start-ups.

He has a long history working in the financial industry having held senior roles at IG Group, Saxo Bank and Gain Capital, managing global marketing teams and delivering campaigns across regions including the UK, EMEA, South America and China.

In welcoming Adrian, Equiti Group CEO, Iskandar Najjar, said: “We are tremendously pleased to welcome Adrian to Equiti Group and look forward to his valuable contribution. As a strategic hire for group, Adrian will drive initiatives to elevate Equiti’s brand and add momentum to our global growth strategy.”

Equiti Group’s vision is to extend its global footprint to new markets and regions and introduce innovative offerings.

Commenting on his new appointment, Adrian said: “What attracted me to Equiti was the company’s commitment to deliver excellence in every area of its business operations, from local regulation through to compliance and customer service. Operating at a global level, Equiti still maintains a local touch that’s refreshing to see. I’m excited by Equiti’s strategic vision and am looking forward to helping to deliver on its growth strategy."

In 2018, Equiti became the first company to be awarded a brokerage license by the Jordan Securities Commission, the license allows the company to provide financial advisory and brokerage services in the local and international markets. Following that, Equiti became the first online non-dealing brokerage to receive a license from Kenya’s local regulator, the Central Markets Authority.

Coxon is the latest in a number of senior hires at Equiti Group. These include:

· Dr Gafaar Saleh, Global Head of Growth: Equiti Group

· Mohamed Al Zuby, Chief Technology Officer: Equiti Group

· Samwel Kiraka, Chief Executive Officer, EGM Securities, a subsidiary of Equiti Group

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The employees authorised in the local financial market by Equiti Group Limited Jordan for the year 2020

In accordance with the provisions of article 74 of the licensing and regulation instructions for financial services, issued by the Securities Commission for the year 2005, you are kindly advised that the below named employees are authorised in the local financial market by Equiti Group Limited Jordan:

Kholod Mohasen Said Al Younis - Certified broker/Compliance Officer

Sarkis Nizar Sarkis Tchoporyan – Certified broker

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Dr. Gaafar Saleh Joins Equiti As Head of Growth

Saleh spent the last 5 years as Credit Agricole's head of eFX algorithmic trading.

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Equiti Taps Benedict Sears as Institutional Liquidity Manager

Prior to Equiti, Benedict, who has a colorful career across different industries, worked as an ‘FX Junior’ at Makor.

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Equiti Group and Saudi Arabia’s Riyad Bank tie-up for FX liquidity

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Equiti Group to Launch Retail Brokerage FX Pesa in Kenya

The firm's locally regulated subsidiary, EGM Securities, will be running the brand.

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Equiti Group marks its first anniversary by moving to its new headquarters

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Equiti Group Appoints Michael Ayres as Director of Equiti Capital UK Limited

Equiti Capital UK Limited has appointed its Chief Operating Officer, Michael Ayres, to its board of directors.

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BIBF kicks off a strategic collaboration with Equiti Group

The Bahrain Institute of Banking and Finance (BIBF) announced it will be offering a comprehensive 7-week course aimed at educating existing and potential CFD & FX traders in Bahrain on the mechanics and tactics of global markets.

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EGM Securities launches Africa’s first online forex trading platform in Kenya using M-Pesa or a mobile payment channel

EGM Securities, Kenya’s first and only regulated non-dealing online forex broker, has launched the region’s first online forex trading offering in Kenya.

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