Goldman Sachs and BNP Paribas have joined the trading platform of Abu Dhabi-based brokerage ADS Securities, Fundamentals reports. The firms will provide foreign exchange prime brokerage solutions on the ADS platforms.
The firms will also offer clearing, custody, securities lending and reporting services. ADS Securities, which was launched as a private firm in March 2011 and was backed by an initial capital commitment of $400 million, aims to provide new opportunities within the regional foreign exchange, precious metals, commodities, futures and options markets.
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