Emirates NBD rolls out a new platform for traders interested in ETFs and securities
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Emirates NBD, a Dubai government-owned bank, and one of the largest baning groups in the Middle East in terms of assets, recently rolled out a new digital wealth offering.
The new platform will grant users access to securities and ETFs available for trading. According to the bank, users will be able to trade ETFs and securities on more than 11,000 global equities across 21 different capital markets, making this a platform with a massive reach in terms of available assets.
Emirates NBD celebrates 60th anniversary
The launch comes as part of the bank’s celebration of its 60th anniversary. As part of the celebration, the bank will also allow its customers to use its mobile app, ENBD X, to buy, sell, or invest with zero commissions until the end of this year. Zero-fee trading and investing is a great opportunity for a lot of people, especially when it comes to day traders who make numerous transactions on a daily basis.
As for the new platform, it will allow users to trade securities on some of the largest exchanges in the world, such as the London Stock Exchange, Nasdaq, and New York Stock Exchange. Not only that, but the bank noted that the digital wealth offering will provide a very quick and simple onboarding journey that only consists of three steps.
This is Emirates NBD’s way of allowing its customers to start trading right away without having to wait on lengthy approval procedures and alike. The platform offers a Secure Sign feature, where customers can digitally sign investment documents and move on to trading.
What else will the new platform have to offer?
Apart from access to all of the mentioned platforms and countless assets, Emirates NBD’s digital wealth offering will feature historical charts, up-to-date market updates, as well as ratings from independent analysts. All of these tools and features are meant to help traders and investors educate themselves on the current market conditions and make informed trading decisions.
The platform also offers a Stock and ETF screener, which will grant users the ability to track stocks and ETFs effortlessly and have all the necessary data in one place.
Emirates NBD’s group head of retail banking and wealth management, Marwan Hadi, commented on the new development, saying that the launch reflects the bank’s mobile first strategy. He added that nearly 95% of the bank’s customers interested in digital banking are conducting their banking through the mobile banking app.
“With the launch of the digital wealth offering, we have elevated ENBD X as a one-stop platform for both everyday banking and wealth management needs,” he concluded.
