Global banking leaders Goldman Sachs and BNP Paribas have joined ADS Securities, the Abu Dhabi-based brokerage and trade services provider, as prime brokers, and will offer foreign exchange prime brokerage solutions.

The two banks will provide clients of ADS Securities a range of prime brokerage solutions including counterparty clearing and custody, financing solutions, securities lending, technology and reporting, capital introduction and consultative advisory.

“We are delighted to establish this partnership with BNP Paribas and Goldman Sachs, two of the leaders in the global securities trading industry. This partnership allows us to provide our clients with some of the most efficient and secure clearing and counterparty services available in the international market,” said Mahmood Ebraheem Al Mahmood, executive chairman of ADS Securities.

“These services will help our clients maximise their investment strategies and control their investments efficiently. Our partnership with BNP Paribas and Goldman Sachs further raises the strength of the ADS Securities value proposition and strongly supports our worldwide business objectives,” he added.

ADS Securities, a full-fledged brokerage and trade services firm, offers opportunities to participants in the global and regional forex, precious metals, commodities, futures and options markets.

Philippe Ghanem, managing director of ADS Securities, said: “The prime brokerage services provided by BNP Paribas and Goldman Sachs will further increase the speed and efficiency of global market access that we provide our clients on the ADSS Trader platform.”

“Not only does this partnership facilitate a seamless prime brokerage offering for our clients, it also enhances their ability to protect their assets and respond effectively to changing market conditions.”

“Our partnership with two of the world’s foremost prime brokerages enhances ADS Securities’ profile as a global player and boosts our ability to target the global institutional and high-net-worth (HNW) market,” he added.

ADS Securities provides personalised trade service marked by pro-active response and strong attention to detail.

Trade support and risk management are delivered by a multi-national team with experience in many of the world’s leading institutions. Ultra-low latency price discovery and trade execution on its online platform are facilitated by servers in Abu Dhabi, Singapore and London. – TradeArabia News Service