IHC’s unit launches global trading and digital onboarding platform

Abu Dhabi – Mubasher: International Securities has launched a new global trading and digital onboarding platform for local and international investors.

The new digital platform will enable investors worldwide to generate national investor number (NIN) and gain access to securities listed on the Abu Dhabi Securities Exchange (ADX) and the Dubai Financial Market (DFM), according to a press release on Thursday.

International Securities is an Abu Dhabi-based subsidiary of the International Holding Company (IHC). It is the market-leading securities brokerage firm in the UAE with more than 20,000 customers and about 60% market share.

CEO of International Securities, Ayman Hamed, said: “Our aim is to attract more international investors to the UAE and support the UAE’s increasingly vibrant and mature capital market ecosystem. With this new platform, both our local and international customers will benefit from a seamless digital experience, with freedom to transact from anywhere in the world. They will also be able to register their interest for any upcoming IPOs in the UAE, which is in high demand amongst the international investors.”

For his part, Managing Director and CEO of ADX, Saeed Hamad Al Dhaheri, added: “We continue to deepen our market capabilities and appeal while attracting more foreign investment into Abu Dhabi. Net foreign investment on ADX increased by 136% during the first half of the year reaching AED 12 billion.”

The new global trading and digital onboarding platform is forecast to double International Securities’ customer base over the next 18 months.

Mubasher Contribution Time: 29-Sep-2022 13:40 (GMT)
Mubasher Last Update Time: 29-Sep-2022 13:40 (GMT)