Daman Securities Enters into Strategic Partnership with Advanced Markets, Launches New Trading Brand Daman Markets

Daman Securities, a leading financial services company in the UAE and a wholly-owned subsidiary of Daman Investments, announced that it has launched a new trading brand, Daman Markets, focusing on offering over-the-counter margined derivative contracts including CFDs and spot Forex trading in the Middle East.

To facilitate the new services, Daman Securities has partnered with Advanced Markets, a renowned institutional liquidity and prime-of-prime brokerage organization, to deliver exceptional value to its clients with Advanced Markets’ s proven technology and platforms, comprehensive product suite, and high-end services.

Samer Mourched, CEO of Bermuda & Emerging Markets at Advanced Markets, commented: "We are delighted to partner up with Daman Securities. Our robust platform, expert staff, and comprehensive range of products, combined with deep market understanding, create a synergistic partnership. This collaboration aligns perfectly with our mutual goal of empowering traders and investors globally."

Ahmed Khizer Khan, CEO of Daman Investments said: "This partnership comes after Daman Securities diligent efforts to continuously enhance its offerings and provide its clients with the most advanced solutions in the ever-evolving financial landscape. By joining forces with the globally recognized forex broker, Daman Securities aims to provide an even more comprehensive and seamless trading experience."

Ahmed Waheed, General Manager at Daman Securities, added: "This strategic partnership aligns with our vision and strategy to provide our clients with multiple trading options, diversified instruments, expert insights and enhanced digital tools. By utilizing Advanced Markets’ resources, combined with our local knowledge and expertise, I am confident that our new entity (Daman Markets) will be a strong player in the market.

"Under this partnership, Daman Securities will adopt the broker’s sophisticated trading platform, the popular MetaTrader 5, renowned for its user-friendly interface and advanced trading tools. Traders will be able to enjoy access to a wide range of financial instruments, including major and exotic currency pairs, commodities, indices, metals and more, all through a unified and streamlined platform. Any trader can create an account on the user-friendly platform by simply signing up, and by following some simple steps they can start trading in a matter of minutes."