Interactive Brokers Sets Sights on Middle Eastern Growth with Dubai Office

  • Date: 13-Apr-2024
  • Source: Arabian Post
  • Sector:Financial Markets
  • Country:UAE
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Interactive Brokers Sets Sights on Middle Eastern Growth with Dubai Office

Arabian Post -Interactive Brokers (IBKR), a globally recognized electronic brokerage firm, is poised to establish a foothold in the Middle East with a new office planned for the Dubai International Financial Centre (DIFC). This expansion move comes as regional investors increasingly seek to diversify their portfolios, presenting a lucrative opportunity for IBKR. The new office, currently awaiting final regulatory approval, will serve as a strategic hub for IBKR to […]

via Interactive Brokers Sets Sights on Middle Eastern Growth with Dubai OfficeArabian Post -

Interactive Brokers (IBKR), a globally recognized electronic brokerage firm, is poised to establish a foothold in the Middle East with a new office planned for the Dubai International Financial Centre (DIFC). This expansion move comes as regional investors increasingly seek to diversify their portfolios, presenting a lucrative opportunity for IBKR.

The new office, currently awaiting final regulatory approval, will serve as a strategic hub for IBKR to tap into the burgeoning investor base within the Middle East. The company, boasting an impressive average of 2.4 million daily trades, is a heavyweight in the electronic brokerage landscape.

This strategic move aligns with the growing appetite among Middle Eastern investors for a wider array of investment options. As investors seek diversification beyond