Exclusive: CFH Clearing On-Boards Chauncey Boreham from ADS Securities

Interbank prime of prime Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term provider CFH Clearing Clearing Clearing is a general term that simply means many different things depending on the subject and related industry. Most commonly, this refers to the reciprocal exchange between banks of checks and drafts, and the settlement of the differences, or the total of claims settled at a clearinghouse. In finance and banking, the word clearing has different meanings depending on the more specific business model. Moving checks from the bank where they were deposited to the bank on which they were drawn. Th Clearing is a general term that simply means many different things depending on the subject and related industry. Most commonly, this refers to the reciprocal exchange between banks of checks and drafts, and the settlement of the differences, or the total of claims settled at a clearinghouse. In finance and banking, the word clearing has different meanings depending on the more specific business model. Moving checks from the bank where they were deposited to the bank on which they were drawn. Th Read this Term, which was recently acquired by Playtech, has made a new senior hire today. The company appointed Chauncey Boreham as Vice President of Institutional Sales in London, Finance Magnates has learned.

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Mr. Boreham joins CFH Clearing from ADS Securities, having worked at the group for over a year. In his new role he will focus on the FX and contracts-for-difference (CFDs) space, focusing on both the European and the US markets. In addition, his mandate will include the expansion of CFH Clearing’s prime services and margin business across these regions.

A Veteran Hire

Mr. Boreham boasts over 25 years of experience across financial markets, including numerous senior level roles in the industry. At ADS Securities, he worked as its Institutional Sales Executive, having led a multinational team.

Additional roles also include stints as the UK Head and Assistant Head of Trading at Alpari UK Ltd, and other senior positions at CTB Trading Ltd, GLC LTD, and GNI LTD, dating back to 1992.

Commenting on the appointment, the Global Head of Sales at CFH Clearing, Paul Jackson, commented to Finance Magnates: “We are delighted that Chauncey has joined CFH. He is highly respected in the industry and has a vast amount of knowledge about the FX/CFD and Equity/Derivative markets.”

“With his extensive experience in senior trading and sales roles, Chauncey has a real insight into what clients want and need. I am confident he will play an important role in helping CFH to reach our growth aspirations,” he added.

“CFH is an ambitious and dynamic organisation with an excellent offering for clients worldwide. The recent Playtech acquisition creates a significant opportunity for CFH to become the number one B2B provider in the retail FX industry and I am delighted to be joining the business at such an exciting time,” explained Mr. Boreham in an accompanying statement.