Kuwait’s leading asset management and investment banking institution, Kuwait Financial Centre (Markaz) has launched Margin Trading, a new service offered to clients who seek to optimize their returns through leverage.
The launch is in line with the company’s continuous commitment to offering new services and products to its clients while contributing to the enrichment of the Kuwait stock market.
The company said that the tool is a culmination of a series of developments initiated by Markaz. This builds on Markaz’s successful track record and leadership in the financial services sector, the long years of experience in the Kuwaiti market, and its deep knowledge of the markets.
According to the statement, “To benefit from the services, clients can open the Margin Trading portfolio either by transferring funds or by transferring owned stocks to the portfolio, where Markaz then finances the client appropriately.”
Commenting on the launch of the new service, Mr. Fahad S. Al-Rushaid, Vice President of MENA Equities at Markaz, stated that, “At Markaz, we continuously seek to cater to our clients’ various needs, and with the launch of Margin Trading, the company caters to a new segment of clients looking to optimize their trading profits.”
“In alignment with this encouraging business environment, Markaz will also launch other investment products and services in the near future, to further expand on its offerings,” Mr. Al-Rushaid further added.