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Religare Securities has tied up with Mubasher Financial Services BSC (MFS) for providing equities in Indian and international markets to customers in their respective geographies.
The alliance aims to cover a wide range of cross-border trading and investment opportunities. Non-Resident Indians (NRIs) and Qualified Foreign Investors (QFIs) in West Asia and other locations will be able to get access to the Indian markets.
Indian residents will be able to trade internationally into multiple global exchanges including those of the US, UK and Europe, said a release from Religare Enterprises.
Malek Kanawati, CEO, Mubasher, said: “We are excited to expand our offerings to include investment opportunities into India, while building on our existing presence in the sub-continent. The experience we have had over the years in the Middle Eastern as well as western financial markets stands us in good stead to work with Religare to introduce market leading technology platforms and investment opportunities to Indian customers.”
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