Dubai-based Capex.com, the online trading platform for currency pairs, now offers new exchange-traded fund (ETF) products in the UAE and Saudi Arabia.
The launch of these new products aligns with the broker's product service offering strategy to provide diversification and region-specific investment opportunities for regional investors.
The newly launched ETFs provide investors in the UAE and Saudi Arabia with a wider range of investment choices, enabling them to purchase local stocks more conveniently and efficiently, and to achieve a diversified and balanced investment approach.
Capex.com's ETF products are tailored to the economic perspectives and investment preferences of local investors, and include index portfolios of many local stocks. The companies that comprise these stocks are important local economic players. Investors now have the opportunity to use on the growth and development of these large businesses by investing.
Madalina Rotaru, Senior Executive Officer of Key Way Markets LTD, the parent company of Capex.com, said, "We are thrilled to introduce these new ETF’s, which we have added to our trading platform specifically for our investors in the UAE and KSA. Diversification is a cornerstone of successful investing, and we recognize the importance of offering our clients a broad spectrum of investment options. These new ETFs are carefully crafted to capture the essence of the economic developments in the UAE and KSA, providing investors with exposure to sectors poised for growth."
Capex.com has recently obtained regulatory approval in the MENA region to conduct a range of virtual asset business activities in Abu Dhabi.