UAE investment bank Shuaa Capital has launched a direct market access (DMA) trading platform with Bloomberg agency broker Bloomberg Tradebook.
The technology enables local and international institutional investors to trade equity products on the Dubai Financial Market (DFM) and the Abu Dhabi Securities Exchange (ADX).
The platform will be called The Bloomberg Tradebook-Shuaa DMA.
“The platform will revolutionise the UAE brokerage industry. It will transform how investors access and trade UAE equity products. The UAE financial markets are now as accessible as those in New York, London and Hong Kong,” says Sheikh Maktoum bin Hasher al-Maktoum, chairman of Shuaa Capital.