Interactive Brokers, a global automated electronic broker, has partnered with HSBC to launch a new trading solution.
WorldTrader, the electronic investment platform powered by Interactive Brokers, provides HSBC clients with access to global trading markets.
Clients in the UAE are said to be the first to experience the new offering, which allows them to trade equities, ETFs and bonds in 25 markets across 77 exchanges via WorldTrader. The two companies are said to plan to roll out a unified trading platform across 200 countries and regions, continuing to optimize brokerage services with this new solution.
Steven Sanders, EVP of marketing and product development at Interactive Brokers, said: “We are pleased that HSBC has chosen Interactive Brokers, a premier provider of white branded solutions for introducing brokers and banks.
“Our suite of services includes powerful technology and trading tools, competitive pricing, and access to global markets. Institutions worldwide continue to select our platform to streamline their businesses and meet the needs of their clients efficiently.”