ADSS has announced that clients can now trade stocks listed on the Abu Dhabi Securities Exchange (ADX) through its flagship trading platform. This new feature allows investors to access and trade local stocks such as EAND, Aldar Properties, and AD Ports Group.
Expanding Trading Options
The move aims to provide clients with unique trading opportunities and broaden their access to the local market. ADSS now offers trading in various sectors including finance, energy, materials, logistics, property, and telecom.
ADSS is regulated by the Securities and Commodities Authority (SCA) in the UAE, ensuring that client funds are subject to strict regulatory oversight. Additionally, fund transfers, withdrawals, and deposits are streamlined through UAEPGS in collaboration with the Central Bank of the UAE, providing security for UAE bank account holders.
Embracing Cloud Technology
ADSS has adopted cloud-based technology for its proprietary trading platform, partnering with Adaptive Financial Consulting, as reported by Finance Magnates. This move signifies a departure from traditional legacy infrastructure in the financial sector.
Cloud-based infrastructure, provided by tech giants such as Amazon, Google, and Microsoft, offers flexibility and scalability , allowing seamless integration for brokers and vendors. Matt Barrett, CEO of Adaptive Financial Consulting, emphasizes the reliability and performance of cloud services for retail brokers, highlighting the absence of latency issues and resource constraints.