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ViewTrade Holding, a global provider of institutional brokerage, trading, and investment technology, has announced a strategic partnership with Yaqeen Capital to enhance cross-border access between international markets and the Kingdom of Saudi Arabia.
The collaboration targets the democratization of the Saudi Exchange (Tadawul), making it potentially more directly accessible to a broader base of global retail investors.
The announcement follows the recent decision by the Capital Market Authority (CMA) to open the Saudi capital market to all foreign investors, marking a significant milestone in the Kingdom's continued capital-markets liberalisation and global integration.
Historically, direct access was restricted to 'Qualified Foreign Investors' (QFIs) - large institutions with significant assets - whilst individual retail investors faced considerable hurdles or were limited to indirect 'Swap' agreements.
Under the partnership, Yaqeen Capital will leverage ViewTrade's global trading technology, brokerage infrastructure, and operational capabilities to offer its clients access to U.S. and other major international markets.
Yaqeen Capital will serve as ViewTrade's preferred local partner for providing access to the Saudi capital market, including the Saudi Exchange (Tadawul). Through this collaboration, ViewTrade will enable institutional and wealth-management clients across more than 30 countries to access Saudi equities via Yaqeen Capital's local market expertise, execution capabilities, and regulatory framework.
Laksh Gangwani, Chief Growth Officer, ViewTrade Holding
Laksh Gangwani, Chief Growth Officer, ViewTrade Holding said:
"We welcome the momentous decision by the CMA to open the Saudi market to all global investors - an important step in the Kingdom's ongoing capital market evolution. Saudi Arabia is gaining prominence in global capital markets, supported by strong economic fundamentals and growing international interest. The ViewTrade partnership with Yaqeen Capital provides, for the first time, an avenue for foreign retail investors to access Saudi-listed equities without relying on swaps or ETFs, which were previously the only limited options available to non-institutional investors. ViewTrade has invested in developing the technology and infrastructure designed to lower barriers to market access, aimed at making participation in the Saudi market simpler and more transparent for retail investors worldwide. We're excited to contribute to this new chapter in market development and access for the Tadawul,"
Ahmed Alshabanah, Managing Director and CEO, Yaqeen Capital commented:
"We congratulate this strategic partnership with ViewTrade Holding, which represents an investment bridge connecting the Saudi market with global markets. Through this collaboration, we open broader horizons for our clients to access leading international markets through advanced technological infrastructure and high-quality trading services,"
James St. Clair, President – Brokerage Services, ViewTrade Holding
James St. Clair, President – Brokerage Services, ViewTrade Holding said:
“This partnership with Yaqeen Capital is a testament to our commitment to expanding our global footprint and providing our clients with broad access to both emerging and established markets,”
The partnership underscores a shared commitment to broadening market participation, enhancing connectivity between global and regional exchanges, and delivering next-generation, technology-led market infrastructure to the global financial services ecosystem.
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