Explore Companies BySectors & Categories
Explore Companies ByUse Cases
Explore Companies ByProducts & Services
Explore Companies ByRankings & Reviews
Featured NewsCompaniesMarketsCryptoTechRegulatoryCommentaryUKUSWorldMore

    Latest Wires

      Daily Newsletter

      LF Daily News

      Daily industry focused newsletter giving you an overview for the financial & finTech industry.

      See All Newsletters
      By clicking "Sign Up" you are agreeing to our Terms of Service and Privacy Policy

      Interactive Brokers becomes first global broker to enable direct trading of Saudi securities for foreign investors, partnering with SNB Capital

      Published: just now

      Interactive Brokers

      Interactive Brokers has announced a groundbreaking collaboration with SNB Capital, the largest investment bank in Saudi Arabia and the leading broker on the Saudi Exchange. This partnership marks a significant milestone as Interactive Brokers becomes the first global broker to allow foreign investors direct access to trade securities listed on the Saudi Exchange.

       

      The collaboration, launched during a bell-ringing ceremony at the Saudi Exchange in Riyadh, enables eligible international investors to access the largest stock market in the Middle East through the Interactive Brokers platform. This move expands Interactive Brokers' already extensive global offering, allowing clients to invest in Saudi equities alongside a diverse range of global financial instruments from a single unified platform.

       

      Milan Galik, Chief Executive Officer of Interactive Brokers, commented on the partnership: "We are pleased to work with SNB Capital and give investors the ability to trade Saudi equities in addition to our already vast array of global products and markets at low cost."

       

      The Saudi Exchange, ranking among the top ten largest stock markets within the World Federation of Exchanges, offers a diverse landscape of over 415 listed securities across 22 sectors. This integration allows Interactive Brokers' clients to diversify their portfolios with Saudi stocks, real estate investment trusts (REITs), and exchange-traded funds (ETFs).

       

      Rashed Sharif, Chief Executive Officer of SNB Capital, emphasized the strategic importance of this collaboration: "Our partnership with Interactive Brokers aligns perfectly with our strategic objectives, contributing to the ambitious goals of Saudi Vision 2030's Financial Sector Development Program. It aims to develop an advanced financial market and provide an effective investment platform with a diversified investor base."

       

      This partnership comes at a time when Saudi Arabia, the largest economy by GDP in the Middle East, is undergoing significant social and economic transformation under its Saudi Vision 2030 strategy. The collaboration is expected to play a crucial role in further developing Saudi Arabia's already diversified, accessible, and competitive economy.

       

      The launch event was attended by SNB Capital's Head of Securities, Loai Bafaqeeh, and James Bradie, IBKR's Senior Executive Officer for Interactive Brokers' new office in Dubai International Finance Center, underscoring the global significance of this partnership.

      We're the largest marketplace to connect with brokers, Fintech companies & digital asset firms. Want to partner? Let's get in touch.

      This content may have been written by a third party. LiquidityFinder makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or other information supplies by any third-party. This content is information only, and does not constitute financial, investment or other advice on which you can rely.
      Comments
      Most Recent
      Written By
      profile image formember on LiquidityFinder
      Founder & CEO, LiquidityFinder

      Founder of LiquidityFinder. 25+ years in Financial Markets technology. Now building the world's financial markets social network / marketplace.

      Daily Newsletter

      LF Daily News

      Daily industry focused newsletter giving you an overview for the financial & finTech industry.

      See All Newsletters
      By clicking "Sign Up" you are agreeing to our Terms of Service and Privacy Policy
      RSS Feeds

      Create a custom RSS Feed

      Select the categories and companies you wish to follow directly to your person rss feed.

      Create Custom RSS Feed

      Related Categories:

      Related Tags:

      #InteractiveBrokers#SNBCapital#SaudiExchange#SaudiArabia#DirectMarketAccess#SaudiVision2030#ForeignInvestors

      Related Articles:

      Find The Right Partners for
      Your Trading Business

      Sign up and join over 5,000 professional members who receive personalized news alerts, curated professional connections, and more for free!

      Create Your FREE Account
      Get access to latest news, updates, real-time data, brokerage and trading firm insights and customized information feeds.

      Bybit has launched Perp Options, described as the first options contracts built on TradFi perpetuals, giving traders round-the-clock access to US equity options. SpaceX and Nvidia are the first underlying assets, with USDT settlement and integration into Bybit's Unified Trading Account.

      just now

      Use this trading preparation checklist to plan your session, define entry rules, manage risk, and build a disciplined trading routine in seven steps.

      just now

      Your Bourse expands its crypto liquidity ecosystem with Caladan, giving brokers access to broader market coverage, institutional execution capacity and streamlined settlement.

      just now

      Scope Markets, the retail brokerage part of Rostro Group, has appointed Ibrahim Hossny as Head of Research and Marketing for the Middle East and North Africa.

      just now

      Hantec Prime, the institutional division of Hantec Markets, has reported trading volume up more than 300% year-to-date, alongside the addition of 42 new institutional clients since December, capping one of its strongest years of growth to date.

      just now

      Learn how to refine XAUUSD support and resistance on the daily chart using candle bodies, market structure and weekly gold levels for swing trading. A slug alone cannot guarantee a top Google ranking. Keep it focused rather than adding every supporting keyword.

      just now

      The week in Dubai will be focused on connecting directly with the industry and discussing how technology can help modern brokerages simplify operations, automate workflows, strengthen operational control, and scale efficiently.

      just now

      Devexperts has launched a turnkey solution giving brokers in South Korea access to US equity markets, combining its DXtrade trading platform, dxFeed market data, and execution services. The offering targets South Korea's growing retail demand for US stocks, worth several billion USD monthly.

      just now

      Assess why WTI crude oil surged past $105 per barrel amid Saudi pipeline disruptions, record tanker charter rates, and escalating geopolitical tensions.

      just now

      Bitcoin price forecast: BTC/USD retests $78,460–$80,215 resistance. Watch bearish confirmation toward $72,480 or a bullish breakout toward $86,150.

      just now
      Feed