CMC Connect expands MENA coverage adding 70 UAE stocks to its trading platform
CMC Connect, a leading provider of online trading and investment services and the B2B institutional services arm of CMC Markets plc (LON:CMCX), has announced that they have added over 70 new UAE stocks to their CFD product suite, expanding the offering and providing investors with greater opportunities to invest in the Middle Eastern market.
The addition of these UAE stocks, which include companies listed on the Dubai Financial Market and the Abu Dhabi Securities Exchange, complements the existing range of more than 14,000 financial instruments offered by CMC Connect, and strengthens its position in the global markets.
Richard Elston, Group Head of Institutional at CMC Connect commented:
“We are very pleased to announce the addition of over 70 UAE stocks to our trading platform, as part of our ongoing commitment to offering our clients access to the world’s most active and exciting markets. The UAE is a dynamic and rapidly growing market, and we are excited to be offering our clients the opportunity to invest in a range of local opportunities.”
CMC Connect clients will now have access to a broad range of UAE stocks as a derivative product, including those in the financial, real estate, and energy sectors. CMC Connect offers award winning trading technology with 24/5 customer service, enabling clients to trade with ease and convenience, while taking advantage of the latest market trends and opportunities.
David Fineberg, Deputy CEO at CMC Markets, commented:
“As a leading provider of online trading and investment services, we are committed to providing our clients with the best possible trading experience. We are confident that the addition of these stocks to our platform will generate significant interest among our clients, and we look forward to engaging with them as we continue to expand our range of products and services and our physical presence in the region.”
The company said that the inclusion of these products to the CMC Connect trading platform further underscores its commitment to clients in the Middle East and beyond, and highlights its position as a leader in the online trading and investment space.
About CMC Markets
CMC Markets Plc was established in 1989 and is now listed on the London Stock Exchange. The company is one of the world’s leading online financial trading businesses serving retail and institutional clients through regulated offices and branches in 14 countries, with a significant presence in the UK, Australia, Germany and Singapore. CMC Markets offers an award-winning, online and mobile trading platform, enabling clients to trade almost 10,000 financial instruments across shares, indices, foreign currencies, commodities and treasuries through contracts for difference (“CFDs”) and financial spread bets (in the UK and Ireland only). Clients can also trade on the short-term price movements of financial markets through Countdowns and, in Australia, access stockbroking services. CMC Markets plc’s shares are listed on the London Stock Exchange (CMCX).