Retail brokerage group CFI announced on Friday that it has launched an institutional arm to its business called CFI Prime.
The new brand will provide B2B services to financial institutions, including retail brokers, and professional traders.
Clients of the new entity can trade with CFI Prime using the brokerage group’s own trading platform or via third-party platforms, like MetaTrader.
The company also offers traders access to its services via FIX API, as well as offering different data analytics services.
Alongside a liquidity offering, CFI Prime also offers companies access to seven different asset classes, although it’s unclear if that just means trading a CFD on those or the physical product. CFI does offer cash equities and ETDs, so it’s plausible it could be the latter option.
“For more than 25 years, CFI has been committed to pushing the boundaries of what is possible in trading,” said Hisham Mansour, CFI’s Managing Director and Co-Founder.
“CFI Prime marks a significant milestone, enabling us to provide sophisticated services tailored specifically for institutional and professional traders.”
CFI has been growing strongly over the last couple of years, particularly in the MENA region.
The broker has formed partnerships with Lewis Hamilton, AC Milan, and other sports teams across Africa, the Levant, and Middle East.