The platform’s network covers 77 stock markets across 25 markets, and directly executes clients’ requests for international investments.
According to a press release issued by the bank today, the platform will give its wealth management and personal banking clients access to about 80 percent of the market value of global stock markets to trade in stocks, investment funds and tradable bonds, and invest in mutual funds and fixed income products, either through the “ HSBC Mobile Banking or through Internet Banking.
The United Arab Emirates is considered the first market in the network.HSBCGlobal launches the “WorldTrader” platform, and select markets in Asia and the Middle East are scheduled to follow.
The results of the HSBC Wealthy Investors Survey 2024, a global survey that explores investor trends and priorities across 11 global investment markets, revealed that more than half of the survey participants (55 percent) in… The UAE They plan to increase their investments abroad.
“The UAE is one of the bank’s top five wealth and personal banking markets globally,” said Dinesh Sharma, Regional Head of Wealth Management and Personal Banking for EMEA at HSBC.