ADS Securities has taken another step forward in developing its multi-asset technology with the launch of CFDs (contract for difference) on its OREX platform. Based on a robust pricing engine, the new service allows ADS Securities to offer extremely competitive prices across the complete range of indices, single stock, and commodities CFDs. Investors will have access to the initial offering of more than 300 products, with full English and Arabic support. By end of year, over 2000 additional instruments will become available.
Philippe Ghanem, CEO and Vice-Chairman of ADS Securities, commented: “Our strategic investment in trading technology has provided clients with more secure, efficient access to a broader range of global products. The addition of CFD’s to our next generation OREX platform is yet another step forward in advancing our trading technology, and affirmation of our commitment to offering investors market leading spreads and unique pricing and liquidity, with very low commission, across a range of products.”
The architecture for the OREX Platform was designed from conception as a user-friendly platform with the ability to trade a range of financial instruments from a single screen. The technology enables investors to access multiple-asset classes, selecting the level of sophistication and functionality which suits their trading. With the addition of CFDs to OREX Optim, ADS Securities continues to increase its offering to institutional and professional traders across the GCC and around the world.
“CFDs have become incredibly popular instruments in Abu Dhabi and across the GCC not just because we offer low margins and commissions, but because they are easy to understand and trade. If dealt correctly, investors really can benefit from current market conditions,” Mr. Ghanem added. “And just as CFDs have increased in popularity, so too has customer demand to trade these instruments.”
Existing direct clients will automatically have access and with its launch, customers will benefit from the promotional offer of free financing on all cash products until September 30, 2015. More products from markets and assets around the globe will be introduced later in 2015, as will the ability to trade them via ADS Securities’ new mobile app, also expected to be launched later this year.
ADS Securities offers a range of FX, CFD and precious metal trading, as well as Global Market, Investment Banking, Wealth and Asset Management. It is headquartered in Abu Dhabi and has offices in Hong Kong, Singapore and London.