Manley Financial Launches Equity Trading in Saudi Arabia
HONG KONG -- Manley Financial, an investment services company which was founded in Hong Kong in 1994 by Peter Manley, has today announced that they have launched equity trading on the KSA stock exchange, The Tadawul.
Online, May 7, 2014 (Newswire.com) - Manley Financial's new capability enables the Firm and its clients to trade cash equities and deliver the Firm's global market expertise to Saudi and Arab investors.
Manley Financial's new equity trading capability follows on the Firm's recent initiation of economic and equity strategy research coverage for Saudi Arabia and United Arab Emirates.
Manley Financial's Head of Arab Emirates Private Client Division, Mr. Imran al Arif Bashir said, "Saudi Arabia is a key market for the Firm and this new trading capability, in conjunction with our recent research initiation, is a vital stage in the development of our local product offering. In addition to our expertise in investment banking, asset management and wealth management, this initiative helps us grow our presence and product offering to service our institutional and corporate clients of Manley Financial."
Manley Financial's Managing Partner, Mr. Peter Manley also commented on this development and said, "We are very excited to have the infrastructure in place to provide the best distribution and execution for our international and local clients to trade in the Saudi markets. We would like to take this opportunity to thank our Arab based employees for their continued support in helping us achieve this important milestone"
Manley Financial are only one of a hand full of Private Institutions to successfully execute Swap transactions on behalf of a non-resident foreign investor, giving clients outside the Kingdom access to companies listed on the Tadawul.
Manley Financial is an investment services company which was founded in Hong Kong in 1994 by Peter Manley, Vicente Alvarez and Sebastian Lu. Our founders established the firm to provide a range of investment products such as brokerage, wealth management, mutual funds, asset management and commodity brokering to institutional clients around the world.
Founded as Manley, Alvarez and Lu Financial over 20 years ago, we have commonly been known simply as Manley's in Hong Kong for many years. We changed our name to Manley Financial in 2008 following the retirement of Vicente Alvarez in 2005 and Sebastian Lu in 2008, and have continued to expand our operations throughout Asia. In 2009 we opened our Taipei Bureau, followed by Shanghai in 2010 and Osaka in 2012.
From our institutional background, we expanded the reach of our services in 2011 to include retails clients such as private clients and high net worth individuals as well as financial institutions and institutional investors, mutual funds and corporate clients.
Manley Financial's advice is based upon a solid foundation of research. We invest heavily into our research processes and our team, actively seeking out and recruiting the best and we constantly evolve and seek to improve our methodologies. Manley Financial presently has expert research teams tracking over 30 industry sectors and commodity markets globally.