Commercial Bank Financial Services Launch Margin Trading Facility
Commercial Bank Financial Services (CBFS) announced the launch of its Margin Trading product, becoming the first Bank Brokerage Subsidiary in Qatar to launch the innovative product.
The Margin Trading facility will allow clients greater flexibility and required liquidity to trade in Qatar Stock Exchange (QSE), and take advantage of market opportunities.
According to Joseph Abraham, Group Chief Executive Officer at Commercial Bank, the launch of the CBFS Margin Trading facility marks a new achievement for the bank and its brokerage subsidiary, and further enriches their wealth management product offering.
Margin Trading is the first of the many new exciting products we have in the pipeline in CBFS for this year, which will continue to engage and enable our clients to build trading volumes and market participation rates.
Amit Sah, EGM for Head of Retail Banking and Chairman of CBFS said they are pleased to welcome such an innovative service to their portfolio. He said that their strategic vision for CBFS is to become the Best Brokerage Business in Qatar in terms of market share and to lead in product innovation.
Commercial Bank Financial Services, a wholly owned subsidiary of Commercial Bank, provides customers with a secure platform for trading on QE listed stocks, bonds and T–bills. CBFS is licensed by Qatar Financial Markets Authority to carry out trade on stock exchange on behalf of customers and itself, providing Margin Trading and liquidity provider services.
Visit cbfin.qa to learn more about their services.