HSBC Launches “WorldTrader” in UAE, Enhancing Global Market Access for Investors

HSBC has launched “WorldTrader,” an advanced digital trading platform in the UAE, marking a significant milestone in the bank’s efforts to enhance financial services and cater to sophisticated traders. This platform, a first in HSBC’s global network, offers unprecedented access to 77 exchanges across 25 markets, facilitating a comprehensive trading experience for users.

WorldTrader addresses the growing demand for international investments by providing HSBC Wealth and Personal Banking (WPB) customers access to up to 80 percent of global stock market capitalization. The platform supports trading in equities, exchange-traded funds (ETFs), bonds, mutual funds, and fixed income products, available through HSBC’s mobile app or online banking. This initiative aligns with HSBC’s strategy to enhance investment opportunities and simplify global market access for traders in the UAE.

The launch of WorldTrader is poised to bolster the UAE’s status as a financial hub, attracting local and international traders by offering a seamless gateway to global markets. HSBC’s platform combines user-friendly interfaces with cutting-edge technology, providing real-time analytics and automated trading options suitable for all levels of trading proficiency.

Dinesh Sharma, HSBC’s Regional Head of Wealth and Personal Banking for Europe, Middle East, and Africa, highlighted the UAE’s significance, noting that it is one of the top five Wealth and Personal Banking markets for HSBC globally. The introduction of WorldTrader is expected to transform local trading practices and impact global trading dynamics by offering broader, more efficient market access.

HSBC’s Affluent Investor Snapshot 2024, a global survey examining investor behaviors and priorities, revealed that over half (55 percent) of respondents in the UAE plan to increase their overseas investments. This trend underscores the strategic timing of WorldTrader’s launch, meeting the needs of a market eager for diversified investment opportunities.

By providing a robust platform that extends investment reach and simplifies access to international markets, HSBC reinforces its commitment to shaping the future of financial services regionally and globally.