CFD products launched for ME investors
ADS Securities (ADSS) has launched of a new range of CFD (contract for difference) trading products specifically designed for Middle East traders.
The CFDs give ADSS clients access to global products which have been priced using unique local liquidity and are managed from Abu Dhabi, with regulation by the Central Bank of the UAE, CPI Financial reported.
All of the CFDs can be traded on the ADSS MetaTrader 4 (MT4) platform and investors will have access to full support in Arabic and English, should they require it. Commodities, indices and single stock CFDs offered by ADSS provide an important way for investors to diversify their portfolios and work with financial instruments which are flexible and have a sensible entry level.
The CFDs give ADSS clients access to global products which have been priced using unique local liquidity and are managed from Abu Dhabi, with regulation by the Central Bank of the UAE.
The range includes a unique Dubai Oil CFD, meaning that for the first time Middle East investors can access this local sourced commodity through a CFD. Investors in the Dubai Oil CFD will trade Dubai Mercantile Exchange listed Oman Crude Oil, which is the main crude oil pricing benchmark for the Asian market. Also included in the range is a US Crude CFD as well as UK Brent.
A CFD is an agreement between two parties (the investor and CFD provider) to exchange the price difference between the opening and closing price of a contract. CFDs are popular amongst regional traders because their high leverage means they are able to access multiple asset classes for a fraction of the price. CFDs allow investors to make assessments on both the rising and falling markets and trade on leverage.