ADS Securities plans a UK office and FSA license

by Michael Greenberg
  • ADS Securities, a very well funded broker based out of Abu Dhabi, is announcing plans to open an office in the UK and will start working on a getting an FSA license.
ADS Securities plans a UK office and FSA license

ADS Securities, a very well funded broker based out of Abu Dhabi, is announcing plans to open an office in the UK and will start working on a getting an FSA license.

ADS was funded with a capital of $400 million by a group of investors rumored to be close to the royal family and is licensed by the UAE Central Bank. ADS was established with the long term goal of helping Abu Dhabi and the UAE region become the central hub for Islamic financing bridging Middle East and rest of the world - similar to Dubai model.

ADS managed to recruit some top personnel from world's leading financial institutions and has already locally made a name for itself. Globally however it still doesn't get the expected traction and some of the comments on this thread may explain why: https://www.financemagnates.com/forex/analysis/overview-forex-middle-east/

While ADS may already have a good positioning in its home region as the local market is not very competitive and ADS has a very good capital positioning and globally experienced staff it doesn't have similar positioning elsewhere in the world. With that in mind ADS is planning on expanding into Europe with the launch of its UK office. Whether it will enjoy similar traction outside its home territory is a big question but no doubt it will viewed positively by Arab expatriates many of which are based in the UK.

Abu Dhabi, 4 December, 2011 - Abu Dhabi based ADS Securities (ADSS), the largest independent forex and commodities Trading Platform in the Middle East, announced today that it is opening 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 access Middle 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 trades aren'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 clients a 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.

Click here to access your latest copy of the Forex Magnates Retail Forex Industry Report.

ADS Securities, a very well funded broker based out of Abu Dhabi, is announcing plans to open an office in the UK and will start working on a getting an FSA license.

ADS was funded with a capital of $400 million by a group of investors rumored to be close to the royal family and is licensed by the UAE Central Bank. ADS was established with the long term goal of helping Abu Dhabi and the UAE region become the central hub for Islamic financing bridging Middle East and rest of the world - similar to Dubai model.

ADS managed to recruit some top personnel from world's leading financial institutions and has already locally made a name for itself. Globally however it still doesn't get the expected traction and some of the comments on this thread may explain why: https://www.financemagnates.com/forex/analysis/overview-forex-middle-east/

While ADS may already have a good positioning in its home region as the local market is not very competitive and ADS has a very good capital positioning and globally experienced staff it doesn't have similar positioning elsewhere in the world. With that in mind ADS is planning on expanding into Europe with the launch of its UK office. Whether it will enjoy similar traction outside its home territory is a big question but no doubt it will viewed positively by Arab expatriates many of which are based in the UK.

Abu Dhabi, 4 December, 2011 - Abu Dhabi based ADS Securities (ADSS), the largest independent forex and commodities Trading Platform in the Middle East, announced today that it is opening 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 access Middle 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 trades aren'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 clients a 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.

Click here to access your latest copy of the Forex Magnates Retail Forex Industry Report.
About the Author: Michael Greenberg
Michael Greenberg
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About the Author: Michael Greenberg
  • 1439 Articles
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