FX prime brokerage in the Middle East in on the rise for a variety of reasons. Dubai, for example, with its strategic location between Asian and European trading hubs is a strategic location to cater to clients from Japan to London.
In addition, with the growth of burgeoning economies nearby such as India, China, Russia and the GCC countries there is a vast scope of institutional clients that require a credible Prime brokerage such as Fortress Prime to assist in the long term development and future. The infancy nature of the FX in these countries and the lack of saturation of Prime brokers makes the Middle East one of the new frontiers for FX Prime brokers.
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