Mahmood Ebraheem Al Mahmood
ADS Securities, a full-fledged brokerage and trade services firm that offers significant new opportunities to participants in the global and regional forex, precious metals, commodities, futures and options markets, has been launched in Abu Dhabi. Backed by a capital commitment of million from a group of private investors, ADS Securities offers tools and personalised trade services designed to help institutional, professional and high-net-worth market participants trade with high efficiency, speed and simplicity. Regulated and licensed by the UAE Central Bank, ADS Securities is building a large network of liquidity providers (LPs), including tier 1 and 2 banks and financial institutions, Electronic Computer Networks (ECNs), FX and commodity exchanges and brokers.
Mahmood Ebraheem Al Mahmood, Executive Chairman, said: “We saw a great opportunity to service the global trading market out of Abu Dhabi. Our geographical location in Abu Dhabi gives us several advantages. In particular, it gives us the ability to provide liquidity during the four-hour period between the close of the Far East and the opening of Europe when markets experience a shortage of liquidity and wide bid/ask spreads. The opportunity for us to service the global market is huge and the potential volumes that can be generated are substantial. We also saw a clear opportunity to service the Middle East region, which has so far been largely underserviced and untapped by global brokerages.”
The company will open an office in London within the first year of operation to tap into the European market.