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Investors with regular trading account with Emirates NBD Securities can trade stocks on the Saudi Exchange
Dubai - Emirates NBD Securities, theleading brokerage and financial services company in the UAE, today announced the launch of its new trading platform on TADAWUL, the Saudi Stock Exchange. The addition of TADAWUL trading will benefit eligible investors, who currently hold a regular trading account with Emirates NBD Securities, to trade on the Saudi exchange without having to request newsettlement bank accounts.
The launch of TADAWUL trading services reflects the commitment of Emirates NBD Securities to enable its customers to identify and capture exciting investment opportunities.
Commenting on the introduction of the service, Abdulla Al Hosani, General Manager of Emirates NBD Securities, said: "We, at Emirates NDB Securities strive to offer investors a wide range of investment tools, and today's announcement is a testament to that commitment. TADAWUL is considered one of the biggest equity markets in the region, and we are proud to provide our investors with the opportunity to trade on this exchange easily.
"We are very confident that our customers will take advantage of the platform to further diversify their investments," Al Hosani added.
Emirates NBD Securities has simplified the account opening process for TADAWULwhich can be done in any of the Emirates NBD Securities branches in Abu Dhabi or Dubai.
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About Emirates NBD Securities
Emirates NBD Securities is the fully owned brokerage arm of Emirates NBD and emerged as a result of the merger between two of the leading brokerage companies in the UAE financial markets. The consequential company proved to be a significant player in the financial industry and a first choice for many individual and corporate investors. Emirates NBD Securities successfully maintains a leading position between brokerage firms in the UAE stock markets by providing clients with a set of diversified products and services to meet every customer's financial needs.
Emirates NBD Securities also operates a diversified constantly growing client base, which is a positive reflection on the unique and personalized services that include a customer care centre, a research department, dedicated relationship managers, multi-markets to invest in, as well as other products and services that differentiate the company and position it ahead of competition.
For more information, please visit www.emiratesnbdsecurities.com
About Emirates NBD
Emirates NBD is a leading banking Group in the region. As at 31st December 2014, total assets were AED 363 billion, (equivalent to USD 98.8).The Group has a leading retail banking franchise in the UAE, with more than 215 branches and over 889 ATMs and CDMs in the UAE and overseas. It is a major player in the UAE corporate and retail banking arena and has strong Islamic banking, Global Markets & Treasury, Investment Banking, Private Banking, Asset Management and Brokerage operations.
The Group has operations in the UAE, Egypt, the Kingdom of Saudi Arabia, Qatar, Singapore, the United Kingdom and representative offices in India, China and Indonesia.
The Group is an active participant and supporter of the UAE's main development initiatives and of the various educational, environmental, cultural, charity and community welfare establishments.
For further Information, please contact:
Ajith Henry
Communications - Group Marketing, Emirates NBD
Tel: 971-4-3874421
Mob: 971 55 6612391
Email: AjithH@emiratesnbd.com
Tricia Rego
ASDA'A Burson-Marsteller; Dubai, UAE
Tel: 971-4-4507600; Fax: 971-4-4358040
Email: tricia.rego@bm.com
© Press Release 2015
