Abu Dhabi, UAE – ADSS CEO, Philippe Ghanem, talking to a worldwide audience on CNBC has set out his vision for global brokerages, making it clear that within a year we will see substantial change driven by regulation, technology and the democratization of trading.
Interviewed from their London studio he commented: “Brokerages are facing tectonic change which will be driven by the introduction of artificial intelligence (AI), blockchain and the democratisation of trading. Clients will require greater transparency, access to more education and training and will be looking for new products which allow them to trade using the available margins. They will be more focused and more discerning. In ten months’ time we will be looking at a different industry.”
For Mr Ghanem the advances in financial services technology, which companies like ADSS based out of Abu Dhabi have been part of, have paved the way for a new market and a new type of trader. These traders move between traditional asset classes – equities, commodities, FX or bonds – but are equally at home with cryptocurrency and a range of ETF products. They access markets when they want wherever they are – this is social trading for a new generation of traders.
“For us it is important to look at factors like climate change, which at a very basic level is not priced into the current trading models. We are seeing populations migrate away from some parts of the world to more temperate areas, which puts pressures on geographies and the associated commodities. Our job is to provide clients with the trading systems, the algos and the AI, which allows them to access the markets in 3-D, looking at all the factors which will influence their positions.” added Mr Ghanem
ADSS was founded in 2011 and has quickly developed into the largest brokerage by volume in the MENA region. Established with a high level of capitalisation, which has been increased, the firm has invested in technology, building and running proprietary platforms and systems.
“Trading is no longer the preserve of a few specialist centres in New York, London or Tokyo. The information which was ring-fenced on Wall Street or in the City is now part of discussion forums and chat rooms. It is being used to build personal pensions, create portfolios and is accessed through free-trade apps. It is a very exciting time for the markets and investors.” concluded Mr Ghanem.
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CNBC Link – (http://qlnk.io/ql/5b97772ae4b0d81e993c326a)
About ADSS:
ADSS offers unique online trading, global market, investment banking and wealth management services. It is dedicated to providing the highest quality investment opportunities for institutional, private and retail clients. Established in 2011, ADSS is based in Abu Dhabi with offices in London and Hong Kong.
ADS Securities LLC is licensed by the Central Bank of the United Arab Emirates to act as a financial and monetary intermediary in the conduct of financial and monetary brokerage business for the sale and purchase of currencies and intermediating in money market transactions as permitted in accordance with Central Bank Resolution Number 126/5/1995 (as amended) and to carry out certain categories of financial investment business as permitted under Central Bank Resolution Number 164/8/1994 (as amended). ADS Securities London Limited is authorised and regulated in the UK by the Financial Conduct Authority (FRN 577453). ADS Securities Hong Kong Limited is licensed by the Hong Kong Securities and Futures Commission (CE No. AXC847) to act as a financial intermediary in the conduct of brokerage business for the sale and purchase of securities, futures contract, leveraged foreign exchange and advising on corporate finance as permitted in accordance with the Securities and Futures Ordinance of Hong Kong.
For more information on ADSS, please visit www.adss.com
For more information, please contact:
Stephen Davie
Mob: +44 7484 730305
Email: [email protected]
© Press Release 2018
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