Middle East & Africa

Alongside the Dubai presence, Marex has made the first hire for the team in the jurisdiction; individual joins from IG Prime.

Called WorldTrader, Interactive Brokers’ new digital investment platform will enable HSBC clients in the UAE to trade equities, ETFs, and bonds in 25 markets across 77 exchanges.

Strong, deep-rooted relationships and the right technological infrastructure are the keys to buy-side success in the emerging markets space, say expert TradeTech panellists.

To celebrate International Women’s Day (IWD) 2024, The TRADE sits down with Lily Chia, head of regional equities and FICC sales at SGX Group, to discuss how women's experiences within the finance industry is evolving. The conversation also delved into the current equities and derivatives landscape across APAC and the Middle East, unpacking the key divergences between the regions and how institutions can best address the region’s idiosyncratic risks.

For the South African derivatives market to be improved, panellists highlighted bettering liquidity, technology and increasing settlement times for more uniformed trading as key drivers.

Panellists discussing the future broking model in South Africa unpacked the role that the liquidity landscape, regulation, technology spend, and collaboration will play on its development.

The impacts of macro events globally, as well as liquidity issues and methods to improve liquidity sourcing within South Africa, were likened to what is experienced in more developed markets such as the EU and the UK.

The solution is aimed at interbank trading in local foreign exchange market, specifically spot matching for US dollar against the Kenyan shilling.

Incoming individual has an established emerging markets focus; most recently worked at Goldman Sachs and Citi.

With this move, the Saudi Exchange is set to enhance market liquidity as well as welcome more international investors to the region.