Genghis Capital and EGM Securities announce the first partnership of its kind in Kenya

Nairobi – 8 June 2020 - Genghis Capital, a leading investment bank in Kenya has announced a first of its kind partnership with EGM Securities, Kenya’s pre-eminent online non-dealing forex broker by market share.

The partnership will allow Genghis to extend its offering to clients to include a wider range of alternative asset classes offered by EGM Securities. These include online currencies, commodities, global indices, precious metals and oil, as well as high demand stocks including tech stocks such as:  Zoom, global banking stocks, pharmaceuticals, and biotech companies like Moderna and Gilead Sciences that are working towards a coronavirus vaccine.

Mr Samwel Kiraka, CEO of EGM Securities, said: “Our quick to market approach to partner with Genghis was made possible by being part of a global group of companies with access to teams of specialists who can efficiently develop bespoke solutions for banks and brokerage houses, no matter the ask.”

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EGM Securities is part of the Equiti Group of companies that has locally regulated subsidiaries across the world such as Equiti Capital, regulated by Financial Conduct Authority (FCA) in the UK.

“Our ambition is to be the premier provider of multi-asset products in Kenya, East Africa and the rest of Africa. We will achieve this by partnering with well-respected corporates such as Genghis,” added Mr Kiraka.

Commenting on the partnership, Mr Kenneth Minjire, Head of Securities for Genghis Capital said: “Partnering with EGM Securities is a significant step for Genghis Capital.”

“The partnership allows Genghis Capital to offer its clients the ability to trade for themselves in the global space. In addition, it falls within our vision to offer our clients world-class investment options allowing them to diversify over different asset classes.

“We are always looking to expand our offering while focusing on making investing an easy and straightforward process. We consider the partnership with EGM Securities as part of that mandate. We want to offer our clients additional options and exposure when it comes to investment vehicles. Since EGM Securities is regulated by the Capital Markets Authority of Kenya and Genghis has sophisticated clients willing to explore new asset classes for attractive returns, a partnership between our two companies is a natural fit.”

Mr Kiraka further said: “To demonstrate our ability to swiftly deliver on client and market demand during the Covid-19 pandemic, our Product and Development teams added some of the most sought after global stocks to our offering such as Facebook, Amazon and Alphabet, as well as numerous global airline and oil stocks. We also recently added some key global hospitality brands like Mariott and Hyatt hotels, and travel booking sites Booking.com and Expedia.

“Our company also responded quickly to the vast flows of capital into medical research as the world looks to the pharmaceutical and biotech industries for a coronavirus vaccine by adding popular pharmaceutical stocks: Merck, Pfizer, GlaxoSmith, Biogen, Moderna and Gilead Sciences – whose Covid-19 treatment drug remdesivir is now being used in hospitals. As well as biotech upstarts that are regularly in the news like Amgen, Vertex and Regeneron, a leading science and technology company working on an experimental antibody treatment for Covid-19.

“EGM Securities provides investors with the opportunity to be part of this modern medical gold rush and many other trading opportunities.

“We are very pleased to now partner with Genghis to extend the opportunity to a wider client base, grow revenue streams and offer access to global markets by partnering with a large company that is heavily regulated and carries deep commitment and expertise.”

Read on Finance Magnates.

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Equiti Capital and Your Bourse Partner for Liquidity Distribution

London, UK, April 20, 2020 - Equiti Capital UK Ltd, the institutional prime brokerage division of the Equiti Group, has partnered with technology vendor, Your Bourse, to expand its liquidity distribution network.

Your Bourse’s partnership provides Equiti Capital with access to clients already utilising the platform and gives an opportunity to attract new clients seeking to diversify their existing liquidity pool. Depending on the client’s budget and needs, Your Bourse will provide a range of connectivity options - from Google Cloud in more than 20 locations around the world to cross-connects in Equinix data centres (LD5, NY4, NY5, CH1, HK1, TY3 and FR2).

Mitesh Vaghela, Director of Products for Equiti Group, said: “In an already saturated market, Your Bourse’s commercial approach could be a huge deciding factor for new and existing brokers in adopting their technology. Partnering with Your Bourse aligns well with the Equiti ethos to collaborate with the best solutions available to grow our network.”

Your Bourse CEO, Andrey Vedikhin, said: “We are very pleased to become a liquidity distribution partner for Equiti Capital and provide our clients with access to their bespoke liquidity. Our companies have a shared vision of technological advancement and UX-driven development that allows clients to benefit from complex applications via a user-friendly web-based GUI. It is extremely important for us that we offer solutions that meet the business needs and strategy of our clients.”

Commenting on the partnership with Your Bourse, Michael Ayres, Equiti Capital’s Chief Operating Officer, said: “Our partnership with Your Bourse combines pioneering technology with industry leading liquidity. Andrey and the team pride themselves on attention to detail and offer a bespoke service to clients, which is something Equiti Capital also delivers to our clients.”

About Your Bourse:

Your Bourse provides a Platform-as-a-Service solution for FX, CFD and crypto liquidity management, data analytics, reporting and risk management solutions to the retail brokerage and institutional marketplace. The flexible pricing policy allows companies of all sizes and capacity to get access to liquidity from 30+ leading liquidity providers, hosting services in Equinix data centres and lightning-fast execution through MT4/MT5 bridges, starting at only €200/month. See YourBourse.com for more info.

About Equiti Capital

Equiti Capital is the trading name of Equiti Capital UK Ltd (Company No. 07216039), which is authorised and regulated by the UK's Financial Conduct Authority (FRN528328). Equiti Capital UK Ltd Is part of the Equiti Group of companies.

Equiti Group is a progressive provider of multi-asset financial products, operating highly regulated financial trading brands across the globe. The company has ambitious plans to become the leader in global online trading services, driven primarily through innovative trading technology, local and global market expertise and client-tailored solutions.

Read on Your Bourse, Leaprate, and Finance Magnates.

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Winning the support of staff and stakeholders is key to compliance and risk audits

The panel moderator Vartan Sarkissian, CEO and Founder of Apomatix was joined by industry experts James Bradley, the Global Head of Security Standards Compliance at Experian and John Williams, Global Head of IT at Equiti Group and Data Protection Officer for Equiti Capital, part of the Equiti Group

The discussion was highly relevant as businesses are increasingly facing integrated and evolving risks. Some examples of risk frameworks covered during the discussion were within the fields of Information Security and Data Protection Compliance (such as GDPR, CCPA and others). If not appropriately identified, assessed, and managed, risks can result in number of unfavourable outcomes including loss of business, procurement issues, loss of sales, regulatory fines and more.

Topics discussed included how to establish risk management cultures, processes and governance procedures, along with other innovative methods to identify risks and manage them accordingly.

The discussion was opened to other industry leaders in the audience who collaborated with the panellists and shared their experiences responding to challenges introduced by different cultures, leadership methods, as well as geographic and time zone related issues. Everything from AI to document version control was covered, but a common thread throughout was the need to win and keep the support of colleagues and stakeholders.

It is clear that these are challenges faced by all types of organisations working in a variety of different fields including: IT, compliance, cybersecurity, sustainability and health and safety. Irrespective of the nature of business, organisations need to focus on increasing stakeholder engagement, reducing complexity and decreasing the repetitiveness of audits through the use of appropriate technologies that help to streamline, automate and provide real-time capabilities.

Source: apomatix.com

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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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Exclusive interview: Equiti Capital’s new developments: Brian Myers speaks

Equiti Capital’s new developments with Brian Myers, CEO of Equiti Capital.

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Equiti Capital Joins oneZero Ecosystem to Provide Liquidity

The partnership is part of the prime brokerage unit’s expansion plans.

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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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