To enhance its market presence, UK-based liquidity provider CMC Connect has announced a significant expansion of its offerings to UAE Stocks. The company has introduced contracts for difference (CFDs) on more than 70 new stocks from the United Arab Emirates (UAE). Thus opening up dynamic investment opportunities in the Middle Eastern market.

The appeal of the UAE market lies in its rapid growth and dynamism. This makes it an attractive prospect for traders and investors. CMC Connect’s latest expansion offers its clients access to a diverse range of UAE stocks. This ranges from the Dubai Financial Market and the Abu Dhabi Securities Exchange. These stocks encompass various sectors, including financial services, real estate, and energy.

CMC Connect Enhances Investments with UAE- More Stocks Options?

Richard Elston, Group Head of Institutional at CMC Connect, expressed his enthusiasm for this strategic move. He stated, “We are very pleased to announce the addition of over 70 UAE stocks to our trading platform as part of our ongoing commitment to offering our clients access to the world’s most active and exciting markets. The UAE is a dynamic and rapidly growing market, and we are excited to offer our clients the opportunity to invest in a range of local opportunities.”

The expansion responds to the growing demand from CMC Connect’s clients. This includes fund managers, hedge funds, and commodity trading advisors for a more comprehensive range of assets in specific regions. These clients have shown increasing interest in actively trading local stocks. This has driven the company’s decision to diversify its offerings.

CMC Connect’s entry into the CFDs market is a significant development in the asset class. They are offering investors low-cost diversification and arbitrage options. As stated by David Fineberg, Deputy CEO at CMC Markets, who remarked, “As a leading provider of online trading and investment services, we are committed to providing our clients with the best possible trading experience. We are confident that adding these stocks to our platform will generate significant interest among our clients, and we look forward to engaging with them as we continue to expand our range of products and services and our physical presence in the region.”

Also, CMC Connect’s foray into the UAE stock market underscores its commitment to staying at the forefront of the financial industry. They are continually broadening their offerings and adapting to evolving market dynamics.

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