HSBC targets wealthy UAE clients for its global markets trading platform – ZAWYA

HSBC targets wealthy UAE clients for its global markets trading platform – ZAWYA

Hsbc has rolled out a new platform, enabling investors in the uae to trade stocks and exchange-traded funds (etfs) on major global markets in real time.the new feature that targets wealthy clients, or those with high disposable incomes, provides retail customers access to stock exchanges overseas, particularly the new york stock exchange and nasdaq in the united states, london stock exchange in the uk and the hong kong stock exchange.the four exchanges together cover around 60 percent of capital markets worldwide.the new feature that targets wealthy clients, or those with high disposable incomes, provides retail customers access to stock exchanges overseas, particularly the new york stock exchange and nasdaq in the united states, london stock exchange in the uk and the hong kong stock exchange.hsbc has rolled out a new platform, enabling investors in the uae to trade stocks and exchange-traded funds (etfs) on major global markets in real time.the four exchanges together cover around 60 percent of capital markets worldwide.the uae and the rest of the region is home to thousands of high-net-worth individuals (hnwis), those with investable assets worth $1 million or more, excluding primary residences and collectibles. as of june this year, a total of 340,000 hnwis