Abu Dhabi based ADS Securities (ADSS), the largest independent forex and commodities trading platform in the Middle East, announced today that it isopening a London office and applying for the relevant Financial Services Authority (FSA) licence to allow it to expand its UK operation.
The ADSS trading platform has already helped accessMiddle East liquidity at a vital time for trading,and established itself as a fast growing challenger in a very competitive market. With a high level of capitalisation, access to deep liquidity and positioned between the Far-East and western markets, ADSS has ambitious plans for the industry.
Christian Bock, ADSS Head of Sales, Europe and North America, said: “London is the primary hub for global FX trading and will remain so the foreseeable future, but the market is changing. We already offer some of the best prices and spreads across all the major pairs, but clients are now looking at more than just pips. They want to work with FX platforms that can show they are financially secure, well backed and can access liquidity when they need it. Clients need to know the brokerages and trading platforms executing their tradesaren’t encumbered by their own leveraged positions or toxic flows and are focused 100% on enabling client success. ADSS can provide the reassurance clients need with the trading edge they want, so we are delighted to be opening a dedicated London office.”
ADSS launched in 2010 with US$ 400 million of paid up capital. Strategically located in the heart of the GCC, the platform offers institutional and high net worth professional clientsa new FX trading centre which provides a strong market bridging trading from the Far East to London. ADSS has enjoyed very swift growth since its launch and the new London operation will join Singapore as the second new ADSS office has announced in the last four months.
“Our focus is and will always be on service and we know that to develop the currency trading market we want to see in the Middle East we must continue to make significant investment in technology and the products we provide. We know that many traders are very interested in the depth of liquidity and the spreads we offer, and they are now seeing the benefit of having an active and dynamic market which allows them to trade when the Far-East trading is softening and London is still building.” added Mr Bock.
ADS Securities is regulated by the Central Bank of the United Arab Emirates. More information about the products and services provided by the company can be found at www.ads-securities.com .
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