Breaking: ADS Securities Launches Retail Offering in Hong Kong
- After the hiring of a new Managing Director for its Hong Kong office, the Abu Dhabi based broker announces the expansion of its business
Abu Dhabi based Middle Eastern broker powerhouse ADS Securities, has announced a new regional expansion today. Following the appointment of former Saxo Bank executive Francis Lee as Managing Director of the Hong Kong office, the company has unveiled that it is starting a retail offering.
Traders in the region will be able to use the proprietary multi-asset platform of ADS Securities, OREX. Initially, the solution will be providing clients of the company with access to trading 60 currency pairs. Clients who are willing to open an account will not need to mind a minimum deposit requirement.
ADS Securities has committed to the region with the recent hire of Francis Lee, who already helped two major brokers establish their presence in the region. After building a regional office from the ground up with FXCM, Mr Lee was Regional Head of the Asian business of Saxo Bank, where he helped build up the operations of the Danish brokerage in Hong Kong, Shanghai and Beijing.
Commenting on the launch, Mr Lee said, “Retail customers in Hong Kong are looking for a trading partner that is highly capitalized, offers access to tier one bank and non-bank Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term, and uses cutting edge institutional-level platforms. This is precisely the gap in the market ADS Securities’ retail offering will fill.”
The CEO & Vice Chairman of ADS Securities, Philippe Ghanem, added, “Our physical presence in Hong Kong and strong retail offering are critical to our broader corporate strategy of bridging trade flows between Europe, the Middle East and Asia. ADS Securities has earned its reputation in the Middle East and Europe by providing excellent client service and competitive pricing, using the latest Online Trading Online Trading Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Read this Term technology.”
Abu Dhabi based Middle Eastern broker powerhouse ADS Securities, has announced a new regional expansion today. Following the appointment of former Saxo Bank executive Francis Lee as Managing Director of the Hong Kong office, the company has unveiled that it is starting a retail offering.
Traders in the region will be able to use the proprietary multi-asset platform of ADS Securities, OREX. Initially, the solution will be providing clients of the company with access to trading 60 currency pairs. Clients who are willing to open an account will not need to mind a minimum deposit requirement.
ADS Securities has committed to the region with the recent hire of Francis Lee, who already helped two major brokers establish their presence in the region. After building a regional office from the ground up with FXCM, Mr Lee was Regional Head of the Asian business of Saxo Bank, where he helped build up the operations of the Danish brokerage in Hong Kong, Shanghai and Beijing.
Commenting on the launch, Mr Lee said, “Retail customers in Hong Kong are looking for a trading partner that is highly capitalized, offers access to tier one bank and non-bank Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term, and uses cutting edge institutional-level platforms. This is precisely the gap in the market ADS Securities’ retail offering will fill.”
The CEO & Vice Chairman of ADS Securities, Philippe Ghanem, added, “Our physical presence in Hong Kong and strong retail offering are critical to our broader corporate strategy of bridging trade flows between Europe, the Middle East and Asia. ADS Securities has earned its reputation in the Middle East and Europe by providing excellent client service and competitive pricing, using the latest Online Trading Online Trading Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Read this Term technology.”