ADS Securities Launches UK FCA Registered Office with Rebranding of Pioneer Trader
Expanding its regulated presence in the UK, ADS Securities is opening a new London office. Formerly Pioneer Trader, the broker
Based in Abu Dhabi, ADS Securities has announced the opening of a UK regulated London office. Previously operated as FCA licensed Pioneer Trader Limited, the London office is being rebranded as ADS Securities London following its acquisition by ADS earlier in the year.
Leading the freshly minted ADS Securities London office is new hire James Watson. Formerly the Head of FX Transactions EMEA at Thomson Reuters, Watson becomes the Managing Director of ADS Securities London and will manage a current team of 20 which is expected to grow.
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According to ADS, the London office becomes a regional base in targeting UK and European private and institutional clients. Similar to other regional offices, institutional customers of the London branch will have access to ADS Securities OREX Optim’s proprietary platform for their trading and liquidity needs.
As per Philippe Ghanem the MD of ADSS in a CNBC interview mentioned that ADS daily volume around 5 $Billion, so I’m wondering why ADS is not listed in forexmagnates QIR volume reports!!!
Hi Ron, I was always curious how the retail volume figures were collated for the quaterlt review. Is it just down to a relationship of trust between you and the brokers giving the volume figures?
@Ron Clear and thanks.