A new tie up is established with Religare Securities and Mubasher Financial Services BSC. This partnership is to provide equities in Indian and international markets to customers in their respective area. One of the advantages with this alliance is the many investment opportunities that would come in on both parties.
Indian markets would surely benefit on this since Non-resident Indians and Qualified Foreign investors in West Asia and other locations can now have access on the market of India. A release from the Religare Enterprises mentioned that Indian residents will be able to trade internationally into multiple global exchanges including those of the UK, Europe and US. According to Mubasher CEO, Malek Kanawati, the company is quite excited on the investment opportunities in India.
They will be building their presence in the market of India while they continue to make their presence felt in the sub-continent. Their experience in doing their business in Middle Eastern and Western Financial markets allows them to offer and introduce market leading technology to their partner.