CMC Connect Expands into CFDs Market and Enhances UAE Stock Offerings

<p>CMC
Connect has announced an expansion of its offerings. The company has launched
contracts for difference (CFDs) on more than 70 new stocks from the United Arab
Emirates (UAE). The offer is to enhance investment opportunities for its users in
the Middle Eastern market.</p><p>This
expansion broadens the scope of investment possibilities available to CMC
Connect's clients. It also serves as an attractive proposition for traders
seeking to diversify their trading options.</p><p>Access
to UAE Stocks as Derivative Products</p><p>The
newly introduced UAE stocks represent companies listed on the Dubai Financial
Market and the Abu Dhabi Securities Exchange. They span diverse sectors such as
financial services, real estate, and energy. CMC Connect's clients can now access
these UAE stocks as derivative products, as well as enrich their trading
portfolios.</p><p>Richard
Elston, the Group Head of Institutional at CMC Connect commented: “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 be offering our clients the opportunity to invest
in a range of local opportunities.”</p><p>Comprehensive
Offering Design and Implementation</p><p>In
recent years, there has been a growing demand for the inclusion of more assets
from <a href="https://www.financemagnates.com/tag/cmc/">CMC</a> Connect's
clients in specific regions, including fund managers, hedge funds, and <a href="https://www.financemagnates.com/tag/commodity/">commodity</a> trading
advisors. These clients are increasingly eager to actively trade local stocks, which drives the company's decision to expand its offerings.</p><p>This
latest move marks another stride into the <a href="https://www.financemagnates.com/tag/cfds/">CFDs</a> market by a UK-based
liquidity provider. It represents a development for this asset class. CFDs
offer investors low-cost diversification and arbitrage options, making them an option
for traders seeking exposure to various markets.</p><p>David
Fineberg, the Deputy CEO at CMC Markets, added: “As a leading provider of online
trading and investment services, we are committed to providing our clients with
the best possible trading experience.” </p><p>“We
are confident that the addition of 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.”</p>

This article was written by Tareq Sikder at www.financemagnates.com.