Interactive Brokers and SNB Capital Open Doors to the Saudi Exchange for Global Investors

SNB Capital and Interactive Brokers (IBKR) announced a joint cooperation to help the global investors access the Saudi Exchange. This makes IBKR the first global broker to let clients directly trade on Saudi Arabia’s largest stock exchange and a big positive step for investors seeking to expand into the Middle Eastern market.

With this integration, investors can now invest in Saudi stocks, REITS and ETFs along with their foreign portfolio within the same Interactive Brokers account. The Saudi Exchange is one of the biggest stock exchanges in the world with the numerous investment opportunities in 22 different markets; energy, finance, and real estate, among them.

This decision fits the country of Saudi Arabia’s Vision 2030 initiative, which are geopolitical strategies designed to help the country diversify its economy. It also allows investors to extend their portfolios with one of the most active markets in the Middle East, helping them gain access to one of the world’s fastest-growing economic zones.

For experienced traders and investors wanted to try new opportunities or focusing on the Arabian gulf area, Saudi equities are now available through Interactive Brokers’ low-cost, integrated platform.

This partnership of Interactive Brokers and SNB Capital gives investor across the world a new way of direct access to an important global market with more choice and opportunity.

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