ADS Securities, the leading Abu Dhabi-based brokerage and trade services provider, was named the “Fastest Newcomer" at the Middle East Forex Awards 2011. The Award recognizes the significant volumes and client base that ADS Securities has built in the short period of time since its launch earlier this year.
The Middle East Forex Awards 2011 was organized by the Arabcom Group, a leading organizer of forex related exhibitions and conferences in the region, on the sidelines of the two-day Middle East Forex Trading Expo & Awards Dubai 2011 held in Dubai from April 8 to 9. The awards were announced at a gala ceremony held at the Jumeirah Emirates Hotel in Dubai.
Mahmood Ebrahim Al Mahmood, Executive Chairman of ADS Securities said: “We are honoured to receive the “Fastest Newcomer” award at the Middle East Forex Awards 2011. Since our launch, we have been working to bring a wide range of exciting trading opportunities to participants in the forex, precious metals, commodities, futures and options markets not only in the region but also globally. This prestigious recognition further encourages us to develop our technology, tools and service for the benefit of our customers.”
Philippe Ghanem, Managing Director of ADS Securities said: “The “Fastest Newcomer” award is testimony to our commitment to ensure the highest level of quality. We take pride in our online platform, our market-leading prices and trade services, which we believe surpass other similar offerings in the MENA region and compare very favourably with the best offered in the global market. In a short period of time, trading volumes on our online platform have touched $2 billion a day, which is an indication of customer confidence in our offerings.”
Launched by a group of private investors with an initial capital of $400 million, ADS Securities offers a comprehensive set of services and tools designed to help institutional, professional and high-net-worth market participants trade with high efficiency, speed and simplicity.
Katia Tayar President of the Arabcom Group said: “The entry of an innovative, committed player like ADS Securities to the Middle East market augurs well for the future of securities trading in the region. The breadth, depth and quality of their offerings impressed visitors to the Middle East Forex Trading Expo 2011. We see their commitment to offering the highest quality of technology and trade services leading to even more growth and success in the coming years.”
ADS Securities offers a range of market-leading pricing on bid/offer spreads across all major currency pairs and in all trade sizes. 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 Communications Networks (ECNs), forex and commodity exchanges and brokers.
