Finance Magnates learned on Thursday that Ramy Soliman has joined GMO-Z.com Trade UK as chief strategy officer.
“We are delighted to welcome Ramy to the team,” said Masahiro Funada, CEO of GMO-Z.com Trade UK. “To date our UK entity has been primarily focused on the retail side, however you will start to see some changes from us over the coming months as we look to grow our business within the institutional space.”
“I believe that Ramy’s knowledge and track record within the institutional space, combined with the backing of GMO Financial Holdings, will be invaluable as we look to strengthen the group’s global presence.”
“All the core elements exist here to create a disruptive institutional offering”
Soliman joins Funada’s firm after a three-year stint at the helm of prime of prime broker Stater Global Markets. The new GMO-Z executive founded the company back in 2016.
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But in June of this year, the firm said that it would be shutting down after investors refused to put any more money into the venture.
Aside from his time at the helm of Stater Global Markets, Soliman has also had five-year stints in sales roles at IG Group and Citi. He also spent just under a year at technology provider Integral before he launched the prime of prime broker.
“I am delighted to join Masahiro and the team at GMO-Z.com,” said Soliman.
“I believe that all the core elements exist here to create a disruptive institutional offering of the highest standard, namely strong financial backing from a significantly capitalised listed parent, multiple Tier 1 Prime Broker relationships and strong liquidity partnerships, and I look forward to executing the strategy.”