ADS Securities, the Abu Dhabi-based international financial services firm, has announced that it had successfully secured its Type 1 and Type 2 regulatory licenses from the Hong Kong Securities and Futures Commission (SFC).
With the addition of these licenses permitting the company to deal in both securities and futures contracts, ADS Securities Hong Kong Limited will expand its business from pure FX to a full-service brokerage. Investors in Hong Kong will now have access to a full suite of FX, futures and securities products through ADS Securities.
ADS had hired Saxo Bank and FXCM veteran executive Francis Lee late last year to head the Hong Kong office and act as Managing Director of ADS Securities Hong Kong Limited.
Francis Lee, ADS Securities HK
Francis Lee said:
The Hong Kong Securities and Futures Market is one of the most traded markets in the world. In securing these additional licenses, our clients can now trade multiple asset classes and continue to rely on the high capitalization and access to tier one bank and non-bank liquidity that has made ADS Securities so successful globally.
Philippe Ghanem, Chief Executive and Vice Chairman of ADS Securities, said:
ADS Securities has a long term commitment to Hong Kong and we intend to continue improving and expanding the products and services we offer to our clients. The addition of these new business areas makes our position a lot stronger and allows us to provide greatly enhanced services which will benefit a range of investors.
ADS Securities has made a multi-million dollar investment in its OREX technology which is accessed by investors around the world. This institutional-level platform was developed with the consumer in mind, providing access to ultra-low latency pricing infrastructure, fast execution, and flexible trading size.
ADS Securities Hong Kong clients will be able to trade global stocks, options, futures and ETFs later this year, with highly competitive pricing across a full range of products with no minimum deposit requirement. Tutorials and educational tools for novices, intermediaries and professionals, will be available along with dedicated multilingual customer support teams on hand 24/5 via phone, email, Whatsapp and wechat.
ADS Securities Hong Kong Limited is a full service brokerage that offers Hong Kong clients market leading technology, excellent prices and spreads, and best in-class client service. ADS Securities Hong Kong Limited is a fully owned subsidiary of ADS Securities LLC based in Abu Dhabi and regulated by the Central Bank of the UAE.
ADS Securities Hong Kong Limited is regulated by the Hong Kong Securities and Futures Commission (CE No AXC847), and now holds type one, two and three licenses allowing it to trade leveraged FX, securities and futures contracts.