Regional Interest In Trading Palladium And Platinum Continues To Increase
Abu Dhabi based ADS Securities (ADSS), the leading independent forex and commodities platform in the Middle East, has seen a spike in the number of investors trading Palladium and Platinum. ADSS is one of a small handful of companies globally offering trades in these exotic metals, and demand shows no signs of subsiding.
Patrik Nagel Head of Sales Asia Pacific said today: “Demand for gold and silver throughout 2011 has been well referenced and we have been able to offer some of the best prices anywhere in the world, but in recent months we recognised that smart investors have been looking for other options. To meet this demand we have brought on the trading of platinum and palladium and we are delighted by the response.”
Palladium is normally traded alongside platinum and is used in a variety of industrial applications across motoring parts, dentistry, electronics and jewellery. As one of the world’s rarest commodities it is also a logical alternative to the better known precious metals as a hedge against market volatility.
Mr. Nagel continued saying, “With the issues facing equity and real estate markets, traders have been looking for ‘safe’ investments and see rare metals as a scarce resource which will provide more stable long – term returns. The rapidly increasing sophistication of commodities trading across the region decrees that ADSS must listen to its clients and respond with ever increasing investment options. We are delighted they can now be sourced and provided from within the UAE.”
ADSS opened for business in Abu Dhabi in March 2011 and has already experienced a level of international demand necessitating the opening of new offices in both Singapore and London. Offering superb access to Middle Eastern liquidity, tight spreads and world class trading platform technology, ADSS continues to grow its product line with investor demand here in the GCC and increasingly across those Far Eastern and Western investment communities looking for attractive investment options.
ADS Securities is regulated by the Central Bank of the United Arab Emirates. More information about the products and services provided by the company can be found at www.ads-securities.com .
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