Explore Companies BySectors & Categories
Explore Companies ByUse Cases
Explore Companies ByProducts & Services
Explore Companies ByRankings & Reviews
Featured NewsCompaniesMarketsCryptoTechRegulatoryCommentaryUKUSWorldMore

    Latest Wires

      Daily Newsletter

      LF Daily News

      Daily industry focused newsletter giving you an overview for the financial & finTech industry.

      See All Newsletters
      By clicking "Sign Up" you are agreeing to our Terms of Service and Privacy Policy

      ATFX Launches Operations in Iraq with Ashur Bank Partnership

      Published: just now

      ATFX Launches Operations in Iraq with Ashur Bank Partnership

      June 26, 2023 - Multi-asset online broker ATFX has launched operations in Iraq, by signing a partnership agreement with local Iraqi bank Ashur Bank.

       

      The agreement was signed at a company dinner and awards ceremony at the Ritz Carlton hotel in Amman, Jordan.

       

      During the dinner, Managing Director of ATFX Levant, Mr. Ahmad Disi, highlighted the significance of expanding into Iraq, and emphasised the immense potential of the Iraqi market and the valuable opportunities it presented. The agreement was signed between Joe Li, Global Chairman of ATFX, and Ziad Fatayer, the CEO of Ashur Bank.

       

       

      Visual content
      ATFX Global Chairman, Joe Li (left), CEO Ashur Bank, Ziad Fatayer (right)

      ATFX as been gaining a firmer hold in the Middle East. Last week the UAE branch of ATFX, ATFX Mena Financial Services LLC,, gained a Category Five status under the UAE's SCA's licensing regime allowing it to introduce clients as well as provide financial consultation and financial analysis.  The UAE branch of ATFX already employs approximately 30 staff members in various roles and anticipates significant expansion in the coming months

      Ashur Bank was established in 2005 and is considered the first investment bank that provides the full package of banking services for commercial enterprises and individuals in Iraq.

      Iraq currently has 4 home-grown retail brokers operating in its domestic market: Smart Trader Iraq, VCG Markets, Sender FX, Forex Iraq.

      ATFX Connect is a trading name of AT Global Markets (UK) Limited (authorised and regulated by the FCA), and AT Global Markets (Australia) Pty Limited (authorised and regulated by ASIC). Connect is the Institutional arm of the wider ATFX Group. Connect offers Institutional and Professional traders an extensive range of services for both Agency PB and Margin accounts. ATFX Connect provides bespoke aggregated liquidity in Spot FX, NDFs, indices, Commodities and Precious metals to a wide range of institutional clients from hedge funds, Tier 1 and regional banks, high net worth investors, asset managers, family offices and other brokers. ATFX Connect's liquidity pool is constructed from Tier 1 banks and non-bank providers that it has partnered with, trading in both sweepable and full amount forms. Agency PB Clients can connect via direct FIX API, external technology solutions or via our own trading platform. For margin clients, ATFX Connect provides market access via the group's MT4/MT5 platform and provides a bridge solution for those who wish to connect via FIX API.

      This content may have been written by a third party. LiquidityFinder makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or other information supplies by any third-party. This content is information only, and does not constitute financial, investment or other advice on which you can rely.
      Comments
      Most Recent
      Written By
      profile image formember on LiquidityFinder
      Founder & CEO, LiquidityFinder

      Founder of LiquidityFinder. 25+ years in Financial Markets technology. Now building the world's financial markets social network / marketplace.

      Daily Newsletter

      LF Daily News

      Daily industry focused newsletter giving you an overview for the financial & finTech industry.

      See All Newsletters
      By clicking "Sign Up" you are agreeing to our Terms of Service and Privacy Policy
      RSS Feeds

      Create a custom RSS Feed

      Select the categories and companies you wish to follow directly to your person rss feed.

      Create Custom RSS Feed

      Related Categories:

      Related Tags:

      #ATFX#AshurBank#Iraq#MultiAssetBroker#MiddleEastExpansion#JoeLi#ZiadFatayer

      Related Articles:

      Find The Right Partners for
      Your Trading Business

      Sign up and join over 5,000 professional members who receive personalized news alerts, curated professional connections, and more for free!

      Create Your FREE Account
      Get access to latest news, updates, real-time data, brokerage and trading firm insights and customized information feeds.

      Tapaas's cross-broker network now spots toxic traders as they move between platforms, flagging thousands of matches in real time. Free to every risk team.

      just now

      How A-book, B-book, and hybrid CFD execution models shape broker risk, revenue, and regulation, and why real-time exposure monitoring is now non-negotiable.

      just now

      Interactive Brokers has launched access to select Korean equities via Nextrade, South Korea's first Alternative Trading System, alongside its existing KRX offering. IB SmartRouting now routes orders across both venues for best pricing, giving clients extended trading hours and greater flexibility in Korean markets.

      just now

      Want to master trading psychology? Discover the 4 habits of successful traders, including routine, patience, respect, and disciplined trading rules.

      just now

      FxPro has eliminated spreads on Bitcoin, Ethereum, Dow and Nasdaq100 CFDs through its Raw+ account, backed by deep liquidity for both minimum and high-volume trades. The broker has also cut Standard account spreads by nearly 80%, with Jakub Soltys, Head of Execution, citing demand for lower-cost market access.

      just now

      Explore the growing operational challenges brokers face and why visibility and control are becoming critical for success.

      just now

      Looking at the latest AUD/CHF price action, the bearish trend continues. Discover the high-probability break and retest setup you need to watch right now.

      just now

      This explains behind West Texas Intermediate market overview of oil as inventories decline and headlines impact the prices still dropping.

      just now

      The dollar breaks its channel as June consumer confidence misses hard, and the chart was already leaning that way before the data confirmed it.

      just now

      Slippage, requotes, and fill latency aren't just client experience issues — they're early risk signals most brokers collect but don't act on in real time.

      just now
      Feed