Dubai PR Network, Online Press Release from Dubai and Middle East
 
Money, Business & Investments(Banking & Investments)
Filter PR by
  
Forex Broker ADS Securities' New Entity Operating Outside the ADGM
 

In December 2017, ADS Securities incorporated a new subsidiary called ADS Investment Solutions Limited (ADSI) in the Abu Dhabi Global Market (ADGM). After immediately applying, by the end of the year ADSI had been granted a Financial Services Permission (FSP) by the Financial Services Regulatory Authority of the ADGM. With the new entity out of the ADGM and fully licensed by the appropriate authority, this means the incorporated ADSI can now pursue various investment activities.

What is ADS Securities?

Established in 2011, ADS Securities began life as a specialist forex and commodities brokerage. Over the past few years it has emerged to become an international finance company with global reach. Based in Abu Dhabi, it has expanded and opened offices in financial powerhouses such as London, Singapore and Hong Kong.

Not only does ADS Securities offer commodities and currency brokerage, with a wider reach across the world they now provide investment management activities and product creation as well. The incorporation of the new ADSI subsidiary will further help ADS Securities grow and expand its financial expertise offering, especially now it is out of the ADGM.

What Does the Licence Mean?

The new licence which has been granted for the ADSI subsidiary means that it can now take a wide range of actions. These include the ability to manage assets, arrange custody, credit and deals in investment, advise on investments or credit and manage collective investment funds.

These will all help ADS Securities to expand its offering and potentially delve into new markets. With strong demand in the Abu Dhabi region and further afield, the firm hopes to be able to improve its current high-quality services and roll them out to other regions.  

What has been the Reaction?

So far, the reaction has mostly been positive. The Senior Executive Officer in charge of ADS Investment Solutions, Dr Ryan Lemand said about the incorporation: “We are already in discussions around a number of high profile projects which we will now be able to take forward and implement through the new entity. ADSI is the logical extension of the work we already undertake. It will be responsible for our asset management business which is growing alongside our highly regarded ADSS’ Wealth Management offering.”

Only time will tell how important and successful this new entity will be. Yet with a lot of work and planning and some negotiations already underway, it looks like a positive move for the firm.  


Posted by : Dubai PR Network Editorial Team
Viewed 5319 times
PR Category : Banking & Investments
Posted on : Monday, February 12, 2018  11:52:00 PM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of DubaiPRNetwork.com.
Previous Story : WGS 2018: Global Policy Platform Panel Considers Supporting ...
Next Story : Qualcomm Extends Cash Tender Offer for All Outstanding Share...
Email this article Print this article

Share this article with your friends and followers
NewsVine
Back to Section Home

Related Stories



 
 
Most Viewed Press Release posted in the last 7 days
The Rado DiaMaster Petite Seconde Automatic COSC The Rado watch at the top of the precisio... [15598-Views]
PopSockets launches a new collection with crystals from Swarovski, the must-have accessory... [12560-Views]
Maintain Healthy Skin Year Round [12474-Views]
Free gold coins at Malabar Gold & Diamonds Festival [10083-Views]
MIDO Baroncelli Lady Day & Night collection [9992-Views]
24 Karat Gold Elixir by Mehrunisa Launches in the UAE Beauty Market [9339-Views]
Interview with Asil Attar, CEO of Al Yasra Fashion [8357-Views]
Holiday Gifting Made Easy with Wet n Wild Beauty Specials [7936-Views]
Get Ready for Party Season with Lottie's new make-up hits [7765-Views]
Tissot PR100 Lady Sport – Chic Glamourous Festive Season [7338-Views]
Festive Gift Sets from Bubble T [7320-Views]
Winter wool Christmas must- haves [7046-Views]
Golden Mile Galleria's ‘A Cultural Flair' attracts hundreds of art lovers to Palm Jumeirah [6930-Views]
Samsung Galaxy A9 – Designed to capture the world in its fullest [6094-Views]
New 1948 Seamaster Watches Join the Ranks' [5874-Views]
Michael Kors Collection Transeason 2019 Press Presentation [5832-Views]
Chic and Stylish Wraps with a 3 in 1 effortless concept [5819-Views]
DKNY Launches (Limited Edition) Holiday 2018 Collection [5386-Views]
9th Edition of China Homelife Exhibition to Have Over 3000 Exhibitors Across Business Sect... [5197-Views]
New Menu alert: Moombai & Co. launches exciting and delicious food items to its menu [5094-Views]
Tissot PR100 Lady Sport – Chic Sporty yet Feminine [5032-Views]
Els Back for the 30th Omega Dubai Desert Classic Aiming for a Record Fourth Victory [4972-Views]
Dubai Shopping Festival Wednesday Specials at The Smile Bar [4581-Views]
Global Knowledge Index 2018 and The Future of Knowledge: A Foresight Report shine at Knowl... [4300-Views]
Get Party Ready with Champion Cleaners [4282-Views]
 
RSS Facebook Twitter LinkedDin
 
Top Sections
 
Top Stories