Global electronic brokerage firm Interactive
Brokers has collaborated with HSBC to enable HSBC’s clients to access the global
trading markets through a unified platform.

Initially Targeting the UAE

According to MarketsMedia, HSBC’s customers in the UAE
will be the first to benefit from this partnership. They will have access to equities, ETFs, and bonds in up to 25 markets and 77 exchanges worldwide. This is facilitated through WorldTrader, a digital investment platform powered by Interactive Brokers. The platform is accessible via mobile app or online, and plans to expand to more markets soon.

Speaking about this new offering, Steve 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.”

Through this partnership, Interactive Brokers and HSBC
will reportedly offer a unified trading platform to customers in more than 200 countries and territories. The two entities aim to enhance brokerage
services through the new offering.

The platform seeks to simplify account opening and
trading to ensure high user satisfaction. Customers reportedly receive free,
real-time market data, news, and expert analysis to make informed investment
decisions.

Expect ongoing updates as this story evolves.