ADSS (company) explained
ADS Securities LLC is a private financial services firm headquartered in Abu Dhabi that offers online trading, investment, wealth management and asset management services for institutional, private and retail clients. It provides foreign investment markets analysis on CNBC, Bloomberg, and CNBC Arabiya.[1] [2] [3] [4]
Company
ADS Securities LLC ("ADSS") is authorised and regulated by the Securities and Commodities Authority ("SCA") in the United Arab Emirates as a trading broker for Over the Counter ("OTC") Derivatives contracts and foreign exchange spot markets. ADSS is a limited liability company incorporated under United Arab Emirates law. The company is registered with the Department of Economic Development of Abu Dhabi (No. 1190047).
ADSS is the biggest foreign-exchange trader in the Middle East and North Africa (MENA) region[5] and serves central banks, asset managers, brokerage firms, and hedge funds.
The firm was established with $400 million in capital under Abu Dhabi Chamber of Commerce and began trading in March 2011. In 2016, the shareholders increased their capital investment with an additional $185 million to increase the total capitalization to $585 million by end of year.[6]
Services
ADSS business areas include trading and brokerage based on its own multi-asset trading technology.[7] The company also has a cross-asset investment service, investment banking division and it offers wealth and asset management services.[8] [9] [10] The firm is known for its pricing of CFDs including a Dubai Oil CFD which gave Middle Eastern investors access to the local commodity for the first time.[8] On 4 May 2016, the company announced the launch of an Arabic language trading application called OREX mobile.[11]
Regional Offices
ADSS is based in Abu Dhabi and has two regional offices:
- ADSS London (ADS Securities London Limited) is authorized and regulated in the UK by the Financial Conduct Authority (FRN 577453) and is an IFPRU 730K firm,[12] with its registered office at 9th Floor, 125 Old Broad Street, London, EC2N 1AR, registration number: 07785265.[13] [14]
- ADSS Hong Kong (ADS Securities Hong Kong Limited)[15] is licensed by the Hong Kong Securities and Futures Commission (CE No. AXC847) to act as a financial intermediary in the conduct of brokerage business for the sale and purchase of securities, futures contract, leveraged foreign exchange and advising on corporate finance as permitted in accordance with the Securities and Futures Ordinance of Hong Kong.[16] ADSS Hong Kong holds SFC type, 1, 2, 3, 4 and 6 licenses.[17]
Another wholly owned subsidiary of ADSS Group is ADS Investment Solutions.[18] [19]
Notes and References
- Web site: 10 March 2015. 8 April 2020. https://web.archive.org/web/20200408205818/https://www.bloomberg.com/news/videos/2015-02-23/is-another-recession-looming-for-the-u-s-. 23 February 2015. Bloomberg Business. Is Another Recession Looming for the U.S.?.
- Web site: 14 November 2013. 10 August 2018. https://web.archive.org/web/20180810011022/https://www.albayan.ae/economy/capital-markets/2013-09-23-1.1964965. ar. ارتفاع أحجام تداولات العملات الأجنبية المنطلقة من.
- Web site: 14 November 2013. 9 October 2013. https://web.archive.org/web/20131009223110/http://www.cnbcarabia.com/?p=87865. ar. CNBC. حوار الأسبوع / سوق أبوظبي العالمي.
- Web site: 14 November 2013. 2 April 2015. https://web.archive.org/web/20150402122344/http://www.cnbcarabia.com/?p=115293. ar. CNBC. سوق أبوظبي العالمي يسعى ليكون جزءاً من الطريق المالي العالمي السريع.
- Web site: Forex Brokers. Leaprate. 9 October 2018. https://web.archive.org/web/20181009172307/https://www.leaprate.com/forex-brokers/adss/. 9 October 2018. dead.
- Web site: ADS Securities. MEED. 14 November 2013.
- Web site: "إي دي إس" تُطلق أول منصة تداول متعددة الأصول في الشرق الأوسط . AlKhaleej . 25 November 2013 . 10 March 2015 . Arabic.
- Web site: ADS Securities is launched. E-Forex. 14 November 2013.
- Web site: Company Overview of ADS Securities L.L.C.. https://web.archive.org/web/20110714090559/http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=129154178. dead. July 14, 2011. Bloomberg Businessweek. 14 November 2013.
- Web site: ADS Securities Strengthens its Retail Offering – Launches First Call a News and Analysis Portal. Forex Magnates. 14 November 2013.
- News: ADS Securities Arabic Language Trading App launch. AtoZForex. May 4, 2016.
- News: ADSS Review. October 9, 2018. Finance Magnates. https://web.archive.org/web/20181009172340/https://directory.financemagnates.com/view-company/adss-review/740/. October 9, 2018. dead.
- News: The Financial Services Register. July 24, 2012. October 2, 2018. Financial Conduct Authority.
- News: Ruth Lynch. ADS Securities opens new London Office. January 16, 2015. October 2, 2018. Devono.
- News: ADS Securities Opens Hong Kong Office, MD Desmond Yeo to Oversee Asian Business . Steven Hatzakis. Finance Magnates . December 16, 2013. October 2, 2018.
- News: ADS Securities Adds Two Additional Regulatory Licenses from Hong Kong SFC . Finance Magnates . June 8, 2016. October 2, 2018.
- News: Public Register of Licensed Persons and Registered Institutions . Securities and Futures Commission . August 9, 2011. October 2, 2018.
- Web site: About Us – ADS Investment Solutions Website. www.ads-investments.com. 2020-03-25.
- Web site: ADS Securities Establishes Asset Management Subsidiary with Abu Dhabi License Finance Magnates. 2018-02-05. Finance Magnates Financial and business news. en. 2020-03-25.