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MENA-based neobroker amana has introduced 24/5 trading on U.S. equity and ETF derivatives, extending its product offering for active traders in the region.
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The new feature allows trading from 4:00 AM Monday until 1:00 AM Saturday (Dubai time), enabling users to respond to news, earnings announcements and price movements without waiting for U.S. market hours.
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Muhammad Rasoul, Chief Executive Officer of amana, said the initiative was designed to make global markets more accessible.
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"Active equity traders deserve a platform that works around them—not the other way around."
"By offering 24/5 trading on U.S. equity derivatives, amana is making global markets more flexible, more inclusive, and more accessible than ever."
Muhammad Rasoul, Chief Executive Officer, amana
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Amana reported strong uptake of the service, with 60% of accounts trading U.S. stock and ETF derivatives using the extended sessions during the first four weeks of launch.Â
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One customer, Francis Frem, said the feature provided greater flexibility in risk management.
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"Trading CFDs 24/5 helps me react to global news that affects prices, even when the specific market is closed."
"I can follow price movements at all times and trade when it suits me. I can also protect my existing positions and manage my risk better, shorting some positions when needed."
Francis Frem, Customer, amana
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The company said the service highlights its focus on providing tools for faster, more responsive trading. Leverage is available across all U.S. stocks, enabling users to react to earnings, global events or market volatility throughout the week.
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Amana offers access to more than 6,800 assets through a single trading account, including global and local stocks, ETFs, CFDs, commodities, indices, over 375 cryptocurrencies and more than 70 foreign exchange pairs.
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