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Emirati financial service company From Wikipedia, the free encyclopedia
ADS Securities (ADSS) is an Abu Dhabi based financial services firm that offers online trading, investment, wealth management and asset management services for institutional, private and retail clients. It provides foreign investment markets analysis on CNBC, Bloomberg, and CNBC Arabiya.[1][2][3][4]
Company type | Private |
---|---|
Industry | Financial services |
Founded | 2011 |
Headquarters | , |
Area served | MENA region |
Key people | Mahmood Ebraheem Al Mahmood, Chairman. |
Services | Financial investment and trading brokerage |
Number of employees | 501-1000 (2021 [citation needed]) |
Website | www |
ADS Securities LLC ("ADSS") is authorised and regulated by the Securities and Commodities Authority ("SCA") in the United Arab Emirates as a trading broker for Over the Counter ("OTC") Derivatives contracts and foreign exchange spot markets. ADSS is a limited liability company incorporated under United Arab Emirates law. The company is registered with the Department of Economic Development of Abu Dhabi (No. 1190047).[citation needed]
ADSS is the biggest foreign-exchange trader in the Middle East and North Africa (MENA) region[5] and serves central banks, asset managers, brokerage firms, and hedge funds.[citation needed]
The firm was established with $900 million in capital under Abu Dhabi Chamber of Commerce and began trading in March 2011. In 2016, the shareholders increased their capital investment with an additional $185 million to increase the total capitalization to $585 million by end of year.[6] [citation needed]
ADSS business areas include trading and brokerage based on its own multi-asset trading technology.[7] The company also has a cross-asset investment service, investment banking division and it offers wealth and asset management services.[8][9][10] The firm is known for its pricing of CFDs including a Dubai Oil CFD which gave Middle Eastern investors access to the local commodity for the first time.[8] On 4 May 2016, the company announced the launch of an Arabic language trading application called OREX mobile.[11]
ADSS is based in Abu Dhabi and has two regional offices:
Another wholly owned subsidiary of ADSS Group is ADS Investment Solutions.[18][19]
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