Ex-Citi Soliman launches new PoP venture
Backed by New Zealand-based Stater Holdings, the firm is targeting sub-$50m hedge funds and retail brokers
Despite the proliferation of prime-of-prime (PoP) providers since early 2015, some hedge funds and retail brokers are still struggling to access credit and markets, says Ramy Soliman, chief executive of newly-launched Stater Global Markets, which is targeting its new PoP service at institutional clients.
The company is backed by New Zealand-based Stater Holdings and regulated by the Financial Conduct Authority (FCA), as a result of acquiring a UK-based brokerage at the end of July. The credit
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