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