ADS Securities expand with launch of commodities futures trading

Press release
Published February 22nd, 2012 - 07:04 GMT

Al Bawaba
Al Bawaba

ADS Securities (ADSS), the largest independent Forex (FX), Bullion and Commodities platform in the Middle East today announced the expansion of its offering with the launch of commodities futures trading. Established in early 2011, ADSS offers sought after access to Middle East and global liquidity, some of the tightest FX spreads and the most competitive commodity pricing regionally, to institutional and professional investors. 

Commenting on the announcement today, ADSS Managing Director Philippe Ghanem said: ‘In the ten months we have been trading we’ve witnessed a sea change in investor appetite. We opened the ADSS platform because we knew smart investors were looking for asset classes that offered exciting returns in a market where traditional fixed income and equity positions were struggling. The response has been emphatic but this is just the beginning. Our clients want more and accordingly we will now be offering trades in carefully selected futures including Oil, Equity Indices and Gas that will go live immediately. In the coming weeks investors can also bring on Corn, Wheat and Copper.’

‘We listen to institutional and professional investors every single day. We know what they want and it is our job to provide them the opportunities they need with the pricing and efficiency that is fast becoming a hallmark of ADSS work. ADSS is hubbed out of Abu Dhabi so we can provide the speed of execution and the best prices as our servers are based here. Clients now realise that they are compromising their trading ability if they work with the regional ‘spoke’ offices of other firms, which is why they trade with us.’

The full list of current and planned futures is as follows:

Available now – Crude oil, NYMEX; E-mini S&P CME; Natural GAS NYMEX; S&P, CME; NASDAQ, CME

Available in March – Corn, CBOT; Wheat, CBOT; DOW CME; Copper, NYMEX 

ADSS is strategically located in Abu Dhabi between Far Eastern and Western financial markets. Since the platform launched in March 2011, it has carried multi-billion dollar daily trading volumes driven by burgeoning regional demand and moves into new markets. In August 2011 ADSS announced the launch of their Singapore office and in December it announced its intention to open a London office in 2012.

ADS Securities is regulated by the Central Bank of the United Arab Emirates. More information about the products and services provided by the company can be found at www.ads-securities.com

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