The HSBC is to establish a brokerage company that will trade on the Abu Dhabi Securities Market and the Dubai Financial Market. The company, to be called HSBC Middle East Securities, will offer UAE domestic market brokerage services to both institutional and retail investors. The company is expected to begin trading for institutions by the end of 2007 and to offer retail brokerage services in 2008. [AMEInfo.com]



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Posted: 09|30|07 at 9:21 am. Filed under: News.