Banking giant HSBC has launched an online trading platform to allow its retail customers in the UAE to trade shares and exchange-traded funds (ETFs) on major stock exchanges in real-time.
The trading platform is integrated into the HSBC UAE personal internet banking portal, meaning customers will be able to manage their accounts, savings and investments in one place.
It provides access to the New York Stock Exchange, Nasdaq, London Stock Exchange and Hong Kong Stock Exchange.
Dan Robinson, head of wealth and personal banking at HSBC UAE, said: “We know that our customers expect to be able to manage all their banking needs online, from anywhere in the world.
“They are now able to submit real-time trades with access to global exchanges and live market data, and I have no doubt that they will recognise the speed and ease of trading that this new platform provides.”
Details
The digital platform enables investors to manage their equity securities portfolio 24/7 and submit orders with real-time execution.
HSBC’s wealth management customers will also have access to live market data streams on the platform.
Customers also will be able to use other investment products outside of the platform, such as bonds and mutual funds.
