FNG Exclusive… FNG has learned that experienced FX industry executive Louay Amhaz has launched a new institutional FX and CFD liquidity firm, called LP Prime.

LP Prime will be formally domiciled in South Africa, with operating company Logan Capital (Pty) Ltd acting as an authorized Financial Services Provider regulated by the Financial Sector Authority (FSCA) of South Africa (License no. 52610).

Louay Amhaz spent the past seven years working as Director Of Business Development for multi-asset trading technology solutions provider oneZero Financial Systems in Cyprus, before leaving late last year, as was also reported exclusively at the time here at FNG. He had previously worked as Business Development Manager for broker tech and liquidity solutions company PrimeXM.

LP Prime plans to offer bespoke liquidity and prime broker solutions for brokers, across an extensive range of asset classes. It will also offer white label broker solutions.

Louay Amhaz posted the following note today on social media regarding the new venture:

I am beyond excited to share with my network the launch of our new venture, LP Prime! Crafted by industry leaders with extensive expertise in the financial industry and the dynamic world of FX & CFD trading, LP Prime emerges as a true trailblazer in the realm of global financial services.

I am incredibly proud to be a part of this groundbreaking journey, and I’m eager to see the transformative impact LP Prime will have on the global financial landscape. Together, we are poised to redefine industry standards and empower our clients to achieve their financial goals like never before!