ADS Securities, the Abu Dhabi-based brokerage and trade services provider, announced today that global banking leaders Goldman Sachs and BNP Paribas will provide foreign exchange (FX) prime brokerage solutions on its trading platform.

Goldman Sachs and BNP Paribas will provide clients of ADS Securities a range of prime brokerage solutions including counterparty clearing and custody, financing solutions, securities lending, technology and reporting, capital introduction and consultative advisory.

Mahmood Ebraheem Al Mahmood, Executive Chairman of ADS Securities said: “We are delighted to establish this partnership with BNP Paribas and Goldman Sachs, two of the leaders in the global securities trading industry. This partnership allows us to provide our clients with some of the most efficient and secure clearing and counterparty services available in the international market. These services will help our clients maximise their investment strategies and control their investments efficiently. Our partnership with BNP Paribas and Goldman Sachs further raises the strength of the ADS Securities value proposition and strongly supports our worldwide business objectives.”

Launched as a private company in early March 2011, ADS Securities, a full-fledged brokerage and trade services firm, seeks to bring significant new opportunities to participants in the global and regional forex, precious metals, commodities, futures and options markets. Backed by an initial capital commitment of $400 million, ADS Securities offers a comprehensive set of services and tools designed to help institutional, professional and high-net-worth market participants trade with efficiency, speed and simplicity.

Philippe Ghanem, Managing Director of ADS Securities said: “The prime brokerage services provided by BNP Paribas and Goldman Sachs will further increase the speed and efficiency of global market access that we provide our clients on the ADSS Trader platform. Not only does this partnership facilitate a seamless prime brokerage offering for our clients, it also enhances their ability to protect their assets and respond effectively to changing market conditions. Our partnership with two of the world’s foremost prime brokerages enhances ADS Securities’ profile as a global player and boosts our ability to target the global institutional and high-net-worth (HNW) market.”

In line with the demanding needs of global clients, ADS Securities provides personalised trade service marked by pro-active response and strong attention to detail. Trade support and risk management are delivered by a multi-national team with experience in many of the world’s leading institutions. Ultra-low latency price discovery and trade execution on its online platform are facilitated by servers in Abu Dhabi, Singapore and London.

Operations and risk management teams constantly monitor and manage the post-trade cycle to reduce risk. ADS Securities also provides extended support to clients in the East and West beyond normal trading hours and business days. Currently, FX (spot, forwards and swaps), selected commodities, futures and options can be traded on the online ADS Securities platform. Over the Counter (OTC) Options can be traded offline with sales traders and dealers. Products in the pipeline include other agricultural commodities, CFDs and other derivatives. ADS Securities plans to introduce opportunities to trade a wider range of securities products.
 

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