Abu Dhabi-based securities brokerage firm, International Securities has launched a new global trading and digital onboarding platform for local and international investors.
The new digital platform will allow investors from all corners of the world to generate national investor number (NIN) and gain access to securities listed on the Abu Dhabi Securities Exchange (ADX) and the Dubai Financial Market (DFM).
According to the statement, “As a result of this innovative platform, customers can open a brokerage account with International Securities, and transact freely from anywhere in the world.” By digitizing this process both local and international customers will benefit from the digitally-enabled experience and can participate in upcoming IPOs across both ADX and DFM.
Ayman Hamed CEO International Securities
“Our aim is to attract more international investors to the UAE and support the UAE’s increasingly vibrant and mature capital market ecosystem. With this new platform, both our local and international customers will benefit from a seamless digital experience, with the freedom to transact from anywhere in the world. They will also be able to register their interest in any upcoming IPOs in the UAE, which is in high demand amongst international investors. By expanding our customer base beyond our borders, we expect to increase participation of international investors on both the ADX and DFM and support their growth plans.”
Through the launch of this new trading platform, the company is expected to double its customer base over the next 18 months, as per the statement.
Mr. Saeed Hamad Al Dhaheri, Managing Director and CEO of ADX, stated that, “We welcome this new global trading and digital onboarding platform which aligns with our strategy of enhancing liquidity, increasing trading activity, and attracting more international investors.”
“We continue to deepen our market capabilities and appeal while attracting more foreign investment into Abu Dhabi. Net foreign investment on ADX increased by 136 percent during the first half of the year reaching $3.2 billion (AED 12 billion), which is a testament to the strong international and institutional interest in our growing and dynamic exchange,” Mr. Al Dhaheri added.
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