ADS Securities launches range of CFD products designed specifically for Middle East investors

Press release
Published February 3rd, 2013 - 08:18 GMT

Al Bawaba
Al Bawaba

ADS Securities (ADSS), the Abu Dhabi based brokerage and financial services trading company, today announced the launch of a new range of CFD (contract for difference) trading products specifically designed for Middle East traders. The CFDs give ADSS clients access to global products which have been priced using unique local liquidity and are managed from Abu Dhabi, with regulation by the Central Bank of the UAE.

All of the CFDs can be traded on the ADSS Meta Trader 4 (MT4) platform and investors will have access to full support in Arabic and English, should they require it.  Commodities, indices and single stock CFDs offered by ADSS provide an important way for investors to diversify their portfolios and work with financial instruments which are flexible and have a sensible entry level.

Commenting on the announcement, ADS Securities Managing Director and Vice-Chairman, Philippe Ghanem, said: “The launch of CFD trading represents a strategic phase in the development of the services we offer private and individual traders, giving them access to a wide range of global market instruments.”

“This is a CFD range specifically created in the Middle East market, for the Middle East market.  With the volatility and uncertainty still affecting global markets,using a local benchmark enables us to provide far more efficient pricing for our clients in the region.”

The range includes a unique Dubai Oil CFD, meaning that for the first time Middle East investors can access this local sourced commodity through a CFD. Investors in the Dubai Oil CFD will trade Dubai Mercantile Exchange listed Oman Crude Oil, which is the main crude oil pricing benchmark for the Asian market. Also included in the range is a US Crude CFD as well as UK Brent.

Mr Ghanem,concluded, “ADS Securities now offers clients over 65 CFD products across commodities, indices and individual stock. We’ve responded to our clients’ appetite by extending our trade offering to include CFDs whilst simultaneously maintaining the competitive advantages that have continued to guide our success: best prices, high liquidity, low margins, reliable and secure technology and dedicated and professional customer service.”

A CFD is an agreement between two parties (the investor and CFD provider) to exchange the price difference between the opening and closing price of a contract. CFDs are popular amongst regional traders because their high leverage means they are able to access multiple asset classes for a fraction of the price.  CFDs allow investors to make assessments on both the rising and falling markets and trade on leverage.

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