Tag: Stater Global Markets

Stater Global Markets

New Prime-of-Prime Service Launches in London

A new London-based prime-of-prime service, Stater Global Markets, has launched today, with former Citi, IG and Integral executive Ramy Soliman appointed as CEO.

The FCA-regulated brokerage is seeking to capitalise on the fact that many traditional prime brokers (PBs) have either pulled out of this segment of the market completely or have reduced the number of firms that they are willing to provide services to, leaving a gap in the market for prime-of-prime to potentially fill.

“Risk appetite and credit appetite at the traditional prime brokers has contracted post-SNB