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Emirates NBD Securities launches TADAWUL trading platform

Emirates NBD Securities launches TADAWUL trading platform
Photo Credit: Arabianeye-Reuters
Emirates NBD
EMIRATESNBD
-1.19% 16.55 -0.20

Emirates NBD Securities announced today that it launched 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 new settlement bank accounts,” a statement by Emirates NBD Securities stated, adding that the new launch highlights the Company’s commitment to enable its customers to identify and capture exciting investment opportunities.

Commenting on the introduction of the new service, General Manager of Emirates NBD Securities Abdulla Al Hosani 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”.  

Worth noting, Emirates NBD Securities has simplified the account opening process for TADAWUL which can be done in any of the Emirates NBD Securities branches in Abu Dhabi or Dubai.