Brokerage executive Mohamed Halim has joined Markets Act as its new Chief Commercial Officer.
Halim will be a familiar face to many readers as he has worked in the online trading industry for almost two decades.
After working at asset manager SHUAA Capital, he joined broker HYCM in the late 2000s, working on the company’s sales team as an Account Manager.
Halim went on to work at Swissquote and Noor Capital, working as a sales executive for the two brokers’ retail operations.
In 2015, he moved on to the institutional side of the business by joining broker GKFX Prime, the B2B arm of brokerage group GKFX, which has since rebranded to Trive.
After leaving GKFX Prime in 2018, Halim went on to hold senior institutional sales roles at ATFX and TeraFX.
Before joining Markets Act, Halim was MENA Regional Director for broker Trade.com.
Markets Act broker
Markets Act is a new broker that was launched last year, with its main headquarters in Dubai.
The company’s CEO is Ramy Abouzaid, who was most recently Head of Market Research at ATFX MENA.
The broker has a license in Mauritius, as well as registered entities in St Lucia, the UK, and Cyprus.
This sort of structure has become something like the ‘go to’ for most brokers, with firms running their operations from the UAE and then running one or more licences to service clients, usually from either the Seychelles or Mauritius.